16 Oakham Avenue

    16, OAKHAM AVENUE, NEWCASTLE UPON TYNE, NE16 5YU

    This detached leasehold property on Oakham Avenue last sold in August 2017 for £275,000. Based on price growth in the NE16 district since then, its estimated current value is £346,451 — placing it in the 58th percentile nationally and the 84th percentile within NE16. The property covers 122 m² (1,313 sq ft), giving an estimated value of £2,840 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    1,313 sq ft

    122 m²

    Last Sale Price

    £275,000

    Aug 2017

    Estimated Valuation

    £346,451

    Est. £/sq ft

    £264/sq ft

    £2,840/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,313 sq ft (122 m²)
    EPC dateDec 2013
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Aug 2017

    £275,000

    Key Metrics

    Estimated valuation£346,451
    Value per sq ft / m²£264/sq ft (£2,840/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE16 district percentile84th percentile
    National percentile58th percentile

    District Context — NE16

    NE16 covers the areas south and west of Gateshead, including Whickham, Ryton and Crawcrook, sitting between the Tyne Valley and the northern suburbs of the conurbation. It is a relatively affluent, established residential district with strong owner-occupation and a mature demographic profile.

    Average Property Price - NE16

    £225,305

    20

    National percentile

    Average Net Household Income - NE16

    £37,049

    44

    National percentile

    10-Year Annualised Price Growth - NE16

    2.7%

    19

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE16

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