47 Oakland Road

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

    This terraced freehold property on Oakland Road last sold in July 2020 for £330,000. Based on price growth in the NE2 district since then, its estimated current value is £402,679 — placing it in the 68th percentile nationally and the 67th percentile within NE2. The property covers 90 m² (969 sq ft), giving an estimated value of £4,474 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    969 sq ft

    90 m²

    Last Sale Price

    £330,000

    Jul 2020

    Estimated Valuation

    £402,679

    Est. £/sq ft

    £416/sq ft

    £4,474/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area969 sq ft (90 m²)
    EPC dateMar 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Jul 2020

    £330,000

    11 Jan 2019

    £235,000

    Key Metrics

    Estimated valuation£402,679
    Value per sq ft / m²£416/sq ft (£4,474/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile67th percentile
    National percentile68th 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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