16 Oak Square, Gateshead, NE8 2NY is a leasehold flat built between 1967-1975. The property offers approximately 753 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £39,982 , which equates to approximately £53 per square foot. It was last sold on 6 Oct 2000 for £13,500. Since then, the value has increased by £26,482, representing a 196.2% increase, or approximately 7.8% per year.

The current estimated value of £39,982 is:

  • 4.1% higher than the average property price on Oak Square
  • 21.9% lower than the average in the NE8 2NY postcode area
  • and 76.8% lower than the average price for Gateshead as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 7 July 2023, the property was recorded as rented.

View sold house prices in NE8 2NY

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
753 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£39,982
Price Per sq ft (estimate)
£53
Bedroom Count (estimate)
2 bedrooms

EPC Summary

16 Oak Square, Gateshead, Tyne And Wear, NE8 2NY has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 7 Jul 2023.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 16 Aug 2013. The rating of D remains the same, but the energy efficiency score improved by 21.8%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from flat, no insulation (assumed) to flat, limited insulation (assumed), with no change in energy efficiency (very poor).
  • The wall energy efficiency changing from good to average, with the construction or insulation remaining cavity wall, filled cavity.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Flat, limited insulation (assumed)
Very Poor
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Sale History

Today
£39,982
streetscan.co.uk estimate
+196 %
6 Oct 2000
£13,500
Leasehold

Area Insights

Nearby Properties

8 Oak Square, Gateshead, NE8 2NY
rooms: 3
size: 560 sq ft
sale price: £50,000
sale date: 25 Feb 2011

Data Sources

The property at 16 Oak Square, Gateshead, Tyne And Wear, NE8 2NY appears once in the Land Registry records, with the transaction recorded on 6 Oct 2000. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Jul 2023. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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