32, REDEMARSH, GATESHEAD, NE10 8PR - £77,950

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

32 REDEMARSH is a very small detached house of 64m², built sometime between 1950 and 1966. It was last sold for £77,950 in May 2005, which was around 58% below the average May 2005 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

32 REDEMARSH Sold Prices

Land registry data shows two sales for 32 REDEMARSH since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. Both of the two 32 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
2005 20 MAY	£77,950	£187,340	58% below HPI
2003 16 MAY	£52,521	£134,075	61% below HPI

32 REDEMARSH 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 two 32 REDEMARSH sales from May 2003 and May 2005 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 May 2003 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the May 2005 sale, where it rises to 58% below the HPI. The line then continues to track at 58% below the HPI.

What might 32 REDEMARSH be worth now?

32 REDEMARSH might now be worth an estimated £119,053.

This is based on house price inflation of 52.7%, between May 2005 and December 2024, 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 52.7% inflationary increase is applied to the most recent sale price for 32 REDEMARSH of £77,950 on 20th May 2005. For the value to have increased from £77,950 to £119,053 over the eighteen years and five months to December 2024, the following assumptions must hold true:

• The value of 32 REDEMARSH has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The May 2005 sale price of £77,950 represented a fair market value for the property.
• The size, condition, and specification of 32 REDEMARSH has not materially changed since May 2005.

How Large is 32 REDEMARSH?

32 REDEMARSH is 64m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% 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 32 REDEMARSH lies on this distribution: 5% of detached houses houses are smaller than 32 REDEMARSH, and 95% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

32 REDEMARSH: Plot and Title Map

32 REDEMARSH sits on a plot of roughly 0.035 of an acre, or 142m². The below map shows the location of 32 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 32 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 32 REDEMARSH?

32 REDEMARSH is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 32 on REDEMARSH.