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Property details for 34 Renforth Close, Gateshead NE8 3JB

Detached house, Freehold, 5 Beds, 3 Baths, 1 Recep - Edit
Zoopla Estimate: £290,000

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £290,000
    Refine estimate

  • Value change
    3,750 (1.3%) 13,150 (4.7%) 11,200 (-3.7%) 850 (-0.3%) 2,050 (0.7%) 36,600 (14.4%) 33,200 (12.9%)  
    from 
  • Rental value
    £1,200 pcm
  • Confidence level
    93
  • Value range
    £277,000 - £304,000
  • Rental range
    £1,100 - £1,300 pcm

Monthly running costs Beta

£1,109 Monthly total
Remortgage
Property value
Loan amount (60% LTV)
Repayment term 25
Product Term 2 years
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Average property value

The average property value derives from the Zoopla Estimate, which is our assessment of the current market value of a property according to the value of other properties in the area. Our data may be incomplete or inaccurate. Learn more

Remortgage* costs explained

The initial estimated monthly remortgage payment is calculated using a loan to value of 60% of the current value of a property, a term of 25 years, and a representative interest rate of 1.5%.

It is important to note that the mortgage repayments figure shown is only intended as a guide.

Ensure mortgage lenders are consulted to obtain an accurate quote. We do not accept any responsibility for any inaccuracies or errors in this regard.

Home Insurance Rebuild value up to £600,000 Contents value up to £60,000 Average insurance cost £15/mo (£175/yr)
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Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy Gas £92 Electricity £85 Estimated energy cost £177/mo (£2,122/yr)

Similar properties could save up to £635

  • You could save £635/yr
  • You could save £626/yr
  • You could save £619/yr
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Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 25100 kWh/year
Electricity: 5400 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Gateshead

Estimated tax band D Council tax cost £178 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £21 Sewerage £23 Estimated water cost £44 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Public info

Property type: Detached house | Tenure: Freehold | Last sale: £230,000 | Sale date: 20th Jan 2012 - Previous sales
Property type: Detached house | Tenure: Freehold | Previous sale: £215,000 | Sale date: 29th Sep 2003 New build

This 5 bed freehold detached house is located at 34 Renforth Close, Gateshead NE8 3JB and has an estimated current value of £290,000. Renforth Close, NE8 has 62 houses and flats on it with a current average value of £168,030, compared to an average property value of £123,779 for NE8. There have been 21 property sales on Renforth Close over the last 5 years with an average sold house price of £128,376 and this detached house was last sold on 20th Jan 2012 for £230,000. There are currently 131 houses and flats for sale in NE8 with an average asking price of £119,873 and 167 properties to rent in NE8 with an average asking rent of £170 pw.

Owner info

As the owner of a home, you may claim it on Zoopla to edit your home facts, set a TemptMe Price and more...

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Market activity
Average price paid £127,219 Sales 334 Current average value £123,779 (Zoopla Zed-Index) Value change -£2,589 ▼ -2.05%

Property value data/graphs for NE8

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £194,127 £164 3.5 £197,120
Semi-detached £138,735 £154 2.8 £139,267
Terraced £140,699 £135 3.3 £144,764
Flats £106,726 £184 2.2 £101,954

Current asking prices in NE8

Average: £119,872
Avg. current asking prices in NE8
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £104,983
(3)
£154,852
(15)
£148,990
(5)
£234,000
(2)
Flats £89,394
(17)
£111,009
(67)
£138,900
(16)
£104,488
(4)
£120,000
(1)
All £89,394
(17)
£110,751
(70)
£146,619
(31)
£129,211
(9)
£196,000
(3)

Current asking rents in NE8

Average: £735 pcm
Avg. current asking prices in NE8
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £351 pcm
(10)
£484 pcm
(4)
£647 pcm
(8)
£1,023 pcm
(14)
£901 pcm
(1)
Flats £524 pcm
(22)
£772 pcm
(74)
£789 pcm
(36)
£569 pcm
(3)
£624 pcm
(1)
All £470 pcm
(32)
£757 pcm
(78)
£763 pcm
(44)
£943 pcm
(17)
£762 pcm
(2)

Fun facts for NE8

Highest value in NE8
Highest value streets Zed-Index
West Park Road £261,738
Mill Road £246,306
Claremont Place £223,809
St. Edmunds Court £223,145
Fletcher Road £213,401
Highest turnover in NE8
Highest turnover streets Turnover
Durham Road 53.8%
Parson Courtyard 50.0%
Mid Summer Way 43.8%
Ash Street 38.2%
Shipley Court 37.5%

What Zoopla users think of Gateshead

Overall rating:

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Local info for Gateshead

About the neighbours in NE8

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