1 Oakland Road

    1, OAKLAND ROAD, NEWCASTLE UPON TYNE, NEWCASTLE UPON TYNE, NE2 3DR

    This flat/maisonette freehold property on Oakland Road last sold in July 2003 for £135,000. Based on price growth in the NE2 district since then, its estimated current value is £204,125 — placing it in the 26th percentile nationally and the 29th percentile within NE2. The property covers 115 m² (1,238 sq ft), giving an estimated value of £1,775 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Freehold

    Floor Area

    1,238 sq ft

    115 m²

    Last Sale Price

    £135,000

    Jul 2003

    Estimated Valuation

    £204,125

    Est. £/sq ft

    £165/sq ft

    £1,775/m²

    Property Details

    TypeFlat/Maisonette
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area1,238 sq ft (115 m²)
    EPC dateSept 2021
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Jul 2003

    £135,000

    1 Oct 1999

    £69,950

    Key Metrics

    Estimated valuation£204,125
    Value per sq ft / m²£165/sq ft (£1,775/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile29th percentile
    National percentile26th percentile

    District Context — NE2

    NE2 covers central Newcastle upon Tyne, including the city centre and surrounding urban neighbourhoods. It is characterised by a young, student-dominated population within a vibrant urban setting with strong rental demand.

    Average Property Price - NE2

    £361,932

    59

    National percentile

    Average Net Household Income - NE2

    £28,827

    6

    National percentile

    10-Year Annualised Price Growth - NE2

    2.6%

    18

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE2

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