2 Oakfield Road

    2, OAKFIELD ROAD, GATESHEAD, NE11 0AB

    This semi-detached freehold property on Oakfield Road last sold in February 2016 for £102,500. Based on price growth in the NE11 district since then, its estimated current value is £141,568 — placing it in the 11th percentile nationally and the 34th percentile within NE11. The property covers 78 m² (840 sq ft), giving an estimated value of £1,815 per m². The EPC rating is E, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    840 sq ft

    78 m²

    Last Sale Price

    £102,500

    Feb 2016

    Estimated Valuation

    £141,568

    Est. £/sq ft

    £169/sq ft

    £1,815/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area840 sq ft (78 m²)
    EPC dateJan 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Feb 2016

    £102,500

    Key Metrics

    Estimated valuation£141,568
    Value per sq ft / m²£169/sq ft (£1,815/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile34th percentile
    National percentile11th percentile

    District Context — NE11

    NE11 covers Cramlington and surrounding areas in south-east Northumberland, situated between Newcastle and the coast. It is a largely suburban district with a strong family-oriented character and established residential communities.

    Average Property Price - NE11

    £184,538

    8

    National percentile

    Average Net Household Income - NE11

    £34,075

    26

    National percentile

    10-Year Annualised Price Growth - NE11

    4.0%

    67

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE11

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