2 Oaktree Terrace

    2, OAKTREE TERRACE, PRUDHOE, NE42 5BH

    This terraced freehold property on Oaktree Terrace last sold in March 2024 for £122,000. Based on price growth in the NE42 district since then, its estimated current value is £145,171 — placing it in the 11th percentile nationally and the 28th percentile within NE42. The property covers 79 m² (850 sq ft), giving an estimated value of £1,838 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    79 m²

    (850 sq ft)

    Last Sale Price

    £122,000

    Mar 2024

    Estimated Valuation

    £145,171

    Est. £/m²

    £1,838/m²

    £171/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area79 m² (850 sq ft)
    EPC dateMar 2020
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Mar 2024

    £122,000

    9 Jun 2021

    £95,000

    Key Metrics

    Estimated valuation£145,171
    Value per m² / sq ft£1,838/m² (£171/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE42 district percentile28th percentile
    National percentile11th percentile

    District Context — NE42

    NE42 covers the south-eastern portion of Northumberland, including areas around Hexham and the South Tyne Valley. It is a rural and semi-rural district characterised by small market towns, countryside villages, and strong community heritage.

    Average Property Price - NE42

    £203,516

    13

    National percentile

    Average Net Household Income - NE42

    £37,287

    45

    National percentile

    10-Year Annualised Price Growth - NE42

    1.7%

    6

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE42

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