4 Oakham Avenue

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

    This detached leasehold property on Oakham Avenue last sold in January 2017 for £283,000. Based on price growth in the NE16 district since then, its estimated current value is £356,530 — placing it in the 60th percentile nationally and the 86th percentile within NE16. The property covers 143 m² (1,539 sq ft), giving an estimated value of £2,493 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    1,539 sq ft

    143 m²

    Last Sale Price

    £283,000

    Jan 2017

    Estimated Valuation

    £356,530

    Est. £/sq ft

    £232/sq ft

    £2,493/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,539 sq ft (143 m²)
    EPC dateAug 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Jan 2017

    £283,000

    Key Metrics

    Estimated valuation£356,530
    Value per sq ft / m²£232/sq ft (£2,493/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE16 district percentile86th percentile
    National percentile60th 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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