The Oaks Oak Terrace

    THE OAKS, OAK TERRACE, BURNOPFIELD, NEWCASTLE UPON TYNE, NE16 6NR

    This terraced freehold property on Oak Terrace last sold in July 2022 for £247,000. Based on price growth in the NE16 district since then, its estimated current value is £267,088 — placing it in the 42nd percentile nationally and the 68th percentile within NE16. The property covers 207 m² (2,228 sq ft), giving an estimated value of £1,290 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    2,228 sq ft

    207 m²

    Last Sale Price

    £247,000

    Jul 2022

    Estimated Valuation

    £267,088

    Est. £/sq ft

    £120/sq ft

    £1,290/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area2,228 sq ft (207 m²)
    EPC dateJul 2017
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas, Boiler and radiators, mains gas

    Transaction History

    6 Jul 2022

    £247,000

    9 Oct 2009

    £223,000

    25 Nov 2005

    £235,000

    16 May 2003

    £79,950

    Key Metrics

    Estimated valuation£267,088
    Value per sq ft / m²£120/sq ft (£1,290/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE16 district percentile68th percentile
    National percentile42nd 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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