42, Rayleigh Grove, NE8 4QQ
42 Rayleigh Grove is a 69 m² / 743 sq ft flat in Gateshead. It sold for £26,000 in October 2002. Indexed forward to today's value, that sale is roughly £101k. Recent local prices imply a broad valuation context of £74k to £112k based on its internal area. The Land Registry and EPC data was last updated 1 June 2026.
- Sale history
-
£26,000 on Oct 2002
- Internal area
- 69 square metres (743 square feet) according to latest EPC inspection
- Price per internal area
-
This property sold for £376 per square metre (£35 per square foot) in Oct 2002. Indexed forward to today's value, this is roughly £1,466 per square metre (£136 per square foot) .
Date Paid price Paid £/sqm Today's value Today's value £/sqm Oct 2002 £26,000 £377 £101,138 £1,466 Calculated using the latest EPC internal area of 69 m². Earlier sale dates may not have had the same measured area available.
- Valuation
- The most recent sale price indexed forward to today's value is £101,138. This is one data point to inform the valuation. Another method is the valuation implied by what comparable homes are selling for. Homes in Gateshead are now selling for between £1,070 and £1,620 per square metre (£99 and £150 per square foot). Based on an internal area of 69 m², this implies a valuation between £74,000 and £112,000. Treat this as context only. For a valuation using hand-picked comparable sales, use the Advanced search tool — create a shortlist of similar condition homes, then export a valuation report.
- Bedrooms
- 2
- Type
- Flat
- Council tax band
- A
- Title number
- TY194656
- Tenure
- Leasehold/other
- Title address
- 42 Rayleigh Grove, Gateshead
- Owner
-
DERRYLAND LIMITED
(Company reference number: 01937132)
Proprietor address: Albert House, Albert Drive, Gateshead NE9 6EH
Ownership record added to Land Registry's corporate ownership dataset 12 Jul 2016
- Summary:
- 03 March 2010 - energy performance certificate grade C
- Reason for EPC:
- None
- Tenure:
- Private rental
- Property type:
- None , has 3 habitable rooms. Estimated year built before 1900
- Area:
- 69 sqm (743 square foot) total internal area
- Comments:
42 Rayleigh Grove is worth whatever price a willing buyer and seller agree upon. However, the following can provide useful context.
- HouseMetric estimates the most recent sale price indexed forward to today's value is £101,138.
- Based on an internal area of 69 m² and recent prices in Gateshead, this implies a lower and upper quartile range from £74,000 to £112,000, using HouseMetric's implied valuation methodology.
For more detail on HouseMetric data sources, update frequency and valuation methods, see the HouseMetric FAQs.