23, REDEMARSH, GATESHEAD, NE10 8PR - £85,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

23 REDEMARSH is a small semi-detached house of 85m², built sometime between 1950 and 1966, which could now be worth an estimated £121,310. It was last sold for £85,000 in November 2013, which was around 31% below the average November 2013 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

23 REDEMARSH Sold Prices

Land registry data shows three sales for 23 REDEMARSH since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Gateshead local authority area for the corresponding sale date. All of the three 23 REDEMARSH 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
2013 11 NOV	£85,000	£123,375	31% below HPI
2006 25 AUG	£95,000	£133,725	29% below HPI
1995 5 SEP	£26,500	£41,691	36% below HPI

23 REDEMARSH Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gateshead local authority area over time, sourced from the HPI. The three 23 REDEMARSH sales between September 1995 and November 2013 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 August 2006 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2013 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 23 REDEMARSH be worth now?

23 REDEMARSH might now be worth an estimated £121,310.

This is based on house price inflation of 42.7%, between November 2013 and December 2024, 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 42.7% inflationary increase is applied to the most recent sale price for 23 REDEMARSH of £85,000 on 11th November 2013. For the value to have increased from £85,000 to £121,310 over the ten years and eleven months to December 2024, the following assumptions must hold true:

• The value of 23 REDEMARSH has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The November 2013 sale price of £85,000 represented a fair market value for the property.
• The size, condition, and specification of 23 REDEMARSH has not materially changed since November 2013.

How Large is 23 REDEMARSH?

23 REDEMARSH is 85m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 30% of semi-detached houses houses in Gateshead, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gateshead, and where 23 REDEMARSH lies on this distribution: 23% of semi-detached houses houses are smaller than 23 REDEMARSH, and 76% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

23 REDEMARSH: Plot and Title Map

23 REDEMARSH sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 23 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 23 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 23 REDEMARSH?

23 REDEMARSH is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 23 on REDEMARSH.