5, REDEMARSH, GATESHEAD, NE10 8PR - £95,000

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

5 REDEMARSH is a small semi-detached house of 85m², built sometime between 1950 and 1966, which could now be worth an estimated £126,384. It was last sold for £95,000 in March 2007, which was around 28% below the average March 2007 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

5 REDEMARSH Sold Prices

Land registry data shows two sales for 5 REDEMARSH since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Gateshead local authority area for the corresponding sale date. Both of the two 5 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
2007 30 MAR	£95,000	£132,354	28% below HPI
2007 29 MAR	£100,000	£132,354	24% below HPI

5 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 two 5 REDEMARSH sales from March 2007 and March 2007 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 2007 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2007 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 5 REDEMARSH be worth now?

5 REDEMARSH might now be worth an estimated £126,384.

This is based on house price inflation of 33%, between March 2007 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 33% inflationary increase is applied to the most recent sale price for 5 REDEMARSH of £95,000 on 30th March 2007. For the value to have increased from £95,000 to £126,384 over the sixteen years and three months to December 2024, the following assumptions must hold true:

• The value of 5 REDEMARSH has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The March 2007 sale price of £95,000 represented a fair market value for the property.
• The size, condition, and specification of 5 REDEMARSH has not materially changed since March 2007.

How Large is 5 REDEMARSH?

5 REDEMARSH is 85m² according to the EPC inspection conducted in March 2023. 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 5 REDEMARSH lies on this distribution: 23% of semi-detached houses houses are smaller than 5 REDEMARSH, and 76% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

5 REDEMARSH: Plot and Title Map

5 REDEMARSH sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 5 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 5 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 5 REDEMARSH?

5 REDEMARSH is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 5 on REDEMARSH.