48 Old School Drive

    48, OLD SCHOOL DRIVE, NEWCASTLE UPON TYNE, NE15 7AF

    This detached leasehold property on Old School Drive last sold in October 2018 for £219,495. Based on price growth in the NE15 district since then, its estimated current value is £237,876 — placing it in the 34th percentile nationally and the 79th percentile within NE15. The property covers 87 m² (936 sq ft), giving an estimated value of £2,734 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    936 sq ft

    87 m²

    Last Sale Price

    £219,495

    Oct 2018

    Estimated Valuation

    £237,876

    Est. £/sq ft

    £254/sq ft

    £2,734/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction age2014
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area936 sq ft (87 m²)
    EPC dateNov 2014
    WallsAverage thermal transmittance 0.27 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Oct 2018

    £219,495

    10 Dec 2014

    New build

    £206,995

    Key Metrics

    Estimated valuation£237,876
    Value per sq ft / m²£254/sq ft (£2,734/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE15 district percentile79th percentile
    National percentile34th percentile

    District Context — NE15

    NE15 covers Prudhoe, Ryton, and surrounding communities in Tyne and Wear, situated west of Gateshead along the River Tyne. It is a mixed residential area with strong community roots and reasonable access to regional employment centres.

    Average Property Price - NE15

    £195,588

    11

    National percentile

    Average Net Household Income - NE15

    £33,771

    24

    National percentile

    10-Year Annualised Price Growth - NE15

    3.7%

    54

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE15

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