1, REEDSIDE, RYTON, NE40 3DB - £377,500

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.

1 REEDSIDE is a large extended detached house of 134m², built sometime between 1983 and 1990, which could now be worth an estimated £410,860. It was last sold for £377,500 in August 2022, which was around 39% above the average August 2022 detached price in the Gateshead local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

1 REEDSIDE Sold Prices

Land registry data shows one sale for 1 REEDSIDE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Gateshead local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 17 AUG	£377,500	£272,258	39% above HPI

What might 1 REEDSIDE be worth now?

1 REEDSIDE might now be worth an estimated £410,860.

This is based on house price inflation of 8.8%, between August 2022 and May 2026, for detached 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 8.8% inflationary increase is applied to the most recent sale price for 1 REEDSIDE of £377,500 on 17th August 2022. For the value to have increased from £377,500 to £410,860 over the four years and three months to May 2026, the following assumptions must hold true:

• The value of 1 REEDSIDE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The August 2022 sale price of £377,500 represented a fair market value for the property.
• The size, condition, and specification of 1 REEDSIDE has not materially changed since August 2022.

How Large is 1 REEDSIDE?

1 REEDSIDE is 134m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the largest 40% of detached houses in Ryton, based on EPC data. The below chart shows the distribution of detached houses by size in Ryton, and where 1 REEDSIDE lies on this distribution: 69% of detached houses are smaller than 1 REEDSIDE, and 31% of detached houses are larger. Note that EPC data is not available for all properties in Ryton.

1 REEDSIDE: Plot

1 REEDSIDE sits on a plot of roughly 0.212 of an acre, or 858m².

Where is 1 REEDSIDE?

1 REEDSIDE is located in RYTON, in the NE40 postcode district.