1, REDWELL COURT, SOUTH SHIELDS, NE34 7JY - £235,000

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.

1 REDWELL COURT is a very small extended detached house of 87m², built sometime between 1983 and 1990, which could now be worth an estimated £268,030. It was last sold for £235,000 in February 2022, which was around 12% below the average February 2022 detached price in the South Tyneside local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

1 REDWELL COURT Sold Prices

Land registry data shows three sales for 1 REDWELL COURT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. All of the three 1 REDWELL COURT 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
2022 25 FEB	£235,000	£267,036	12% below HPI
2005 16 DEC	£180,500	£216,585	17% below HPI
2001 16 NOV	£80,000	£113,843	30% below HPI

1 REDWELL COURT Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Tyneside local authority area over time, sourced from the HPI. The three 1 REDWELL COURT sales between November 2001 and February 2022 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 2005 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 1 REDWELL COURT be worth now?

1 REDWELL COURT might now be worth an estimated £268,030.

This is based on house price inflation of 14.1%, between February 2022 and February 2025, for detached houses, in the South Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.1% inflationary increase is applied to the most recent sale price for 1 REDWELL COURT of £235,000 on 25th February 2022. For the value to have increased from £235,000 to £268,030 over the three years to February 2025, the following assumptions must hold true:

• The value of 1 REDWELL COURT has moved in line with the HPI for detached houses in the South Tyneside local authority area.
• The February 2022 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 1 REDWELL COURT has not materially changed since February 2022.

How Large is 1 REDWELL COURT?

1 REDWELL COURT is 87m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the smallest 20% of detached houses houses in South Shields, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Shields, and where 1 REDWELL COURT lies on this distribution: 17% of detached houses houses are smaller than 1 REDWELL COURT, and 81% of houses are larger. Note that EPC data is not available for all properties in South Shields.

1 REDWELL COURT: Plot and Title Map

1 REDWELL COURT sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 1 REDWELL COURT, 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 1 REDWELL COURT). 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 1 REDWELL COURT?

1 REDWELL COURT is located in SOUTH SHIELDS, in the NE34 postcode district. The below map shows the position of No. 1 on REDWELL COURT.