2 Oak Street

    2, OAK STREET, NEWCASTLE UPON TYNE, NE15 9EX

    This terraced leasehold property on Oak Street last sold in November 2014 for £79,000. Based on price growth in the NE15 district since then, its estimated current value is £113,498 — placing it in the 6th percentile nationally and the 22nd percentile within NE15. The property covers 72 m² (775 sq ft), giving an estimated value of £1,576 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    775 sq ft

    72 m²

    Last Sale Price

    £79,000

    Nov 2014

    Estimated Valuation

    £113,498

    Est. £/sq ft

    £146/sq ft

    £1,576/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area775 sq ft (72 m²)
    EPC dateAug 2020
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Nov 2014

    £79,000

    19 Sept 2003

    £73,500

    16 May 1997

    £37,500

    Key Metrics

    Estimated valuation£113,498
    Value per sq ft / m²£146/sq ft (£1,576/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE15 district percentile22nd percentile
    National percentile6th 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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