197 Ovington Grove, Newcastle Upon Tyne, NE5 2QE is a freehold flat built between 1930-1949. The property offers approximately 646 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £82,749 , which equates to approximately £128 per square foot. It was last sold on 1 Jul 1999 for £26,000. Since then, the value has increased by £56,749, representing a 218.3% increase, or approximately 8.2% per year.

The current estimated value of £82,749 is:

  • 29.0% lower than the average property price on Ovington Grove
  • 18.4% lower than the average in the NE5 2QE postcode area
  • and 68.8% lower than the average price for Newcastle Upon Tyne 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 29 June 2021, the property was recorded as rented.

View sold house prices in NE5 2QE

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
646 sq ft
Tenure
Freehold
Price (estimate)
£82,749
Price Per sq ft (estimate)
£128
Bedroom Count (estimate)
2 bedrooms

EPC Summary

197 Ovington Grove, Newcastle Upon Tyne, Tyne And Wear, NE5 2QE has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 29 Jun 2021.

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 15 Apr 2010, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 30.8%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from no low energy lighting to low energy lighting in 50% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to NE5 2QE

36 th / 37
Price Rank
18% lower than average
25 th / 33
Size Rank
3% smaller than average
30 th / 33
Price Per Sq FT Rank
16% lower than average

Compared to other properties in NE5 2QE , this flat's estimated value ranks 36th out of 37. Based on price per square foot, it ranks 30th out of 33 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 25th out of 33 properties in its postcode area.

Sale History

Today
£82,749
streetscan.co.uk estimate
+218 %
1 Jul 1999
£26,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 667 sq ft
sale price: £79,000
sale date: 28 Feb 2022
rooms: 4
size: 678 sq ft
sale price: £70,000
sale date: 2 Jun 2021
rooms: 3
size: 667 sq ft
sale price: £70,000
sale date: 2 Jun 2021
rooms: 3
size: 689 sq ft
sale price: £75,000
sale date: 16 Apr 2021
rooms: 2
size: 592 sq ft
sale price: £75,500
sale date: 4 Feb 2021

Data Sources

The property at 197 Ovington Grove, Newcastle Upon Tyne, Tyne And Wear, NE5 2QE appears once in the Land Registry records, with the transaction recorded on 1 Jul 1999. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 29 Jun 2021. 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.