16 Oakland Road

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

    This flat/maisonette leasehold property on Oakland Road last sold in August 2018 for £170,000. Based on price growth in the NE2 district since then, its estimated current value is £214,815 — placing it in the 28th percentile nationally and the 34th percentile within NE2. The property covers 64 m² (689 sq ft), giving an estimated value of £3,356 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    689 sq ft

    64 m²

    Last Sale Price

    £170,000

    Aug 2018

    Estimated Valuation

    £214,815

    Est. £/sq ft

    £312/sq ft

    £3,356/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area689 sq ft (64 m²)
    EPC dateJul 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Aug 2018

    £170,000

    16 Jan 2015

    £159,000

    1 Jun 2009

    £155,250

    23 Aug 2005

    £159,000

    21 Aug 2000

    £71,000

    26 Jul 1996

    £49,950

    Key Metrics

    Estimated valuation£214,815
    Value per sq ft / m²£312/sq ft (£3,356/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile34th percentile
    National percentile28th 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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