123, REDEMARSH, GATESHEAD, NE10 8PT - £115,000

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.

123 REDEMARSH is a midsized semi-detached house of 81m², built sometime between 1950 and 1966, which could now be worth an estimated £159,575. It was last sold for £115,000 in November 2006, which was around 14% below the average November 2006 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was B.

123 REDEMARSH Sold Prices

Land registry data shows one sale for 123 REDEMARSH since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
2006 21 NOV	£115,000	£133,192	14% below HPI

What might 123 REDEMARSH be worth now?

123 REDEMARSH might now be worth an estimated £159,575.

This is based on house price inflation of 38.8%, between November 2006 and May 2026, for semi-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 38.8% inflationary increase is applied to the most recent sale price for 123 REDEMARSH of £115,000 on 21st November 2006. For the value to have increased from £115,000 to £159,575 over the twenty years and six months to May 2026, the following assumptions must hold true:

• The value of 123 REDEMARSH has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The November 2006 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 123 REDEMARSH has not materially changed since November 2006.

How Large is 123 REDEMARSH?

123 REDEMARSH is 81m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 50% of semi-detached houses in Gateshead, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Gateshead, and where 123 REDEMARSH lies on this distribution: 45% of semi-detached houses are smaller than 123 REDEMARSH, and 53% of semi-detached houses are larger. Note that EPC data is not available for all properties in Gateshead.

123 REDEMARSH: Plot

123 REDEMARSH sits on a plot of roughly 0.047 of an acre, or 190m².

Where is 123 REDEMARSH?

123 REDEMARSH is located in GATESHEAD, in the NE10 postcode district.