2, REDRUTH GARDENS, GATESHEAD, NE9 6XW - £290,000

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.

2 REDRUTH GARDENS is a large extended detached house of 136m², built sometime between 1976 and 1982, which could now be worth an estimated £299,464. It was last sold for £290,000 in July 2024, which was around 7% above the average July 2024 detached price in the Gateshead local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

2 REDRUTH GARDENS Sold Prices

Land registry data shows three sales for 2 REDRUTH GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the three 2 REDRUTH GARDENS sales were for above 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 17 JUL	£290,000	£272,125	7% above HPI
2016 24 MAR	£235,000	£214,155	10% above HPI
2012 13 JUL	£227,000	£194,124	17% above HPI

2 REDRUTH GARDENS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The three 2 REDRUTH GARDENS sales between July 2012 and July 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 March 2016 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the July 2024 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 2 REDRUTH GARDENS be worth now?

2 REDRUTH GARDENS might now be worth an estimated £299,464.

This is based on house price inflation of 3.3%, between July 2024 and February 2025, 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 3.3% inflationary increase is applied to the most recent sale price for 2 REDRUTH GARDENS of £290,000 on 17th July 2024. For the value to have increased from £290,000 to £299,464 over the one year and five months to February 2025, the following assumptions must hold true:

• The value of 2 REDRUTH GARDENS has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The July 2024 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 2 REDRUTH GARDENS has not materially changed since July 2024.

How Large is 2 REDRUTH GARDENS?

2 REDRUTH GARDENS is 136m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the largest 30% of detached houses houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gateshead, and where 2 REDRUTH GARDENS lies on this distribution: 79% of detached houses houses are smaller than 2 REDRUTH GARDENS, and 21% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

2 REDRUTH GARDENS: Plot and Title Map

2 REDRUTH GARDENS sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 2 REDRUTH GARDENS, 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 2 REDRUTH GARDENS). 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 2 REDRUTH GARDENS?

2 REDRUTH GARDENS is located in GATESHEAD, in the NE9 postcode district. The below map shows the position of No. 2 on REDRUTH GARDENS.