70, REDEMARSH, GATESHEAD, NE10 8PS - £129,950

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.

70 REDEMARSH is a small terraced house of 91m², built sometime between 1967 and 1975, which could now be worth an estimated £155,584. It was last sold for £129,950 in June 2021, which was around 1% above the average June 2021 terraced price in the Gateshead local authority area. The most recent EPC inspection was November 2015, where the current energy rating was B, and the potential energy rating was A.

70 REDEMARSH Sold Prices

Land registry data shows three sales for 70 REDEMARSH since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Gateshead local authority area for the corresponding sale date. One of the three 70 REDEMARSH sales was for above the average price, whilst two 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
2021 25 JUN	£129,950	£128,726	1% above HPI
2018 9 MAR	£110,000	£113,584	3% below HPI
2008 14 MAR	£112,000	£116,521	4% below HPI

70 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 three 70 REDEMARSH sales between March 2008 and June 2021 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 March 2018 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the June 2021 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 70 REDEMARSH be worth now?

70 REDEMARSH might now be worth an estimated £155,584.

This is based on house price inflation of 19.7%, between June 2021 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 19.7% inflationary increase is applied to the most recent sale price for 70 REDEMARSH of £129,950 on 25th June 2021. For the value to have increased from £129,950 to £155,584 over the five years and two months to April 2026, the following assumptions must hold true:

• The value of 70 REDEMARSH has moved in line with the HPI for terraced houses in the Gateshead local authority area.
• The June 2021 sale price of £129,950 represented a fair market value for the property.
• The size, condition, and specification of 70 REDEMARSH has not materially changed since June 2021.

How Large is 70 REDEMARSH?

70 REDEMARSH is 91m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 40% 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 70 REDEMARSH lies on this distribution: 30% of terraced houses houses are smaller than 70 REDEMARSH, and 68% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

70 REDEMARSH: Plot and Title Map

70 REDEMARSH sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 70 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 70 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 70 REDEMARSH?

70 REDEMARSH is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 70 on REDEMARSH.