45 Oakland Road

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

    This terraced freehold property on Oakland Road last sold in May 2022 for £570,000. Based on price growth in the NE2 district since then, its estimated current value is £564,473 — placing it in the 84th percentile nationally and the 83rd percentile within NE2. The property covers 144 m² (1,550 sq ft), giving an estimated value of £3,920 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,550 sq ft

    144 m²

    Last Sale Price

    £570,000

    May 2022

    Estimated Valuation

    £564,473

    Est. £/sq ft

    £364/sq ft

    £3,920/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,550 sq ft (144 m²)
    EPC dateSept 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 May 2022

    £570,000

    22 Apr 2002

    £155,000

    Key Metrics

    Estimated valuation£564,473
    Value per sq ft / m²£364/sq ft (£3,920/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile83rd percentile
    National percentile84th 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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