148, REDEMARSH, GATESHEAD, NE10 8PS - £118,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

148 REDEMARSH is a very small terraced house of 74m², built sometime between 1950 and 1966, which could now be worth an estimated £125,826. It was last sold for £118,000 in November 2024, which was around 18% below the average November 2024 terraced price in the Gateshead local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was C.

148 REDEMARSH Sold Prices

Land registry data shows two sales for 148 REDEMARSH since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Gateshead local authority area for the corresponding sale date. Both of the two 148 REDEMARSH sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2024 19 NOV	£118,000	£144,533	18% below HPI
2014 12 DEC	£73,000	£107,712	32% below HPI

148 REDEMARSH Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Gateshead local authority area over time, sourced from the HPI. The two 148 REDEMARSH sales from December 2014 and November 2024 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2014 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2024 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 148 REDEMARSH be worth now?

148 REDEMARSH might now be worth an estimated £125,826.

This is based on house price inflation of 6.6%, between November 2024 and April 2026, for terraced houses, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.6% inflationary increase is applied to the most recent sale price for 148 REDEMARSH of £118,000 on 19th November 2024. For the value to have increased from £118,000 to £125,826 over the two years and seven months to April 2026, the following assumptions must hold true:

• The value of 148 REDEMARSH has moved in line with the HPI for terraced houses in the Gateshead local authority area.
• The November 2024 sale price of £118,000 represented a fair market value for the property.
• The size, condition, and specification of 148 REDEMARSH has not materially changed since November 2024.

How Large is 148 REDEMARSH?

148 REDEMARSH is 74m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% of terraced houses houses in Gateshead, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Gateshead, and where 148 REDEMARSH lies on this distribution: 10% of terraced houses houses are smaller than 148 REDEMARSH, and 90% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

148 REDEMARSH: Plot and Title Map

148 REDEMARSH sits on a plot of roughly 0.030 of an acre, or 122m². The below map shows the location of 148 REDEMARSH, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 148 REDEMARSH). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 148 REDEMARSH?

148 REDEMARSH is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 148 on REDEMARSH.