7, REDFORD PLACE, BURRADON, CRAMLINGTON, NE23 7LG - £155,000

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.

7 REDFORD PLACE is a small extended detached house of 91m², built sometime between 1976 and 1982, which could now be worth an estimated £206,680. It was last sold for £155,000 in August 2018, which was around 45% below the average August 2018 detached price in the North Tyneside local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

7 REDFORD PLACE Sold Prices

Land registry data shows three sales for 7 REDFORD PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. All of the three 7 REDFORD PLACE 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
2018 3 AUG	£155,000	£279,460	45% below HPI
2009 22 MAY	£140,000	£215,493	35% below HPI
1998 12 JUN	£56,500	£87,509	35% below HPI

7 REDFORD PLACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The three 7 REDFORD PLACE sales between June 1998 and August 2018 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 2009 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2018 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 7 REDFORD PLACE be worth now?

7 REDFORD PLACE might now be worth an estimated £206,680.

This is based on house price inflation of 33.3%, between August 2018 and February 2025, for detached houses, in the North Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.3% inflationary increase is applied to the most recent sale price for 7 REDFORD PLACE of £155,000 on 3rd August 2018. For the value to have increased from £155,000 to £206,680 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 7 REDFORD PLACE has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The August 2018 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 7 REDFORD PLACE has not materially changed since August 2018.

How Large is 7 REDFORD PLACE?

7 REDFORD PLACE is 91m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 40% of detached houses houses in Killingworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Killingworth, and where 7 REDFORD PLACE lies on this distribution: 39% of detached houses houses are smaller than 7 REDFORD PLACE, and 60% of houses are larger. Note that EPC data is not available for all properties in Killingworth.

7 REDFORD PLACE: Plot and Title Map

7 REDFORD PLACE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 7 REDFORD PLACE, 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 7 REDFORD PLACE). 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 7 REDFORD PLACE?

7 REDFORD PLACE is located in BURRADON, in the NE23 postcode district. The below map shows the position of No. 7 on REDFORD PLACE.