2, The Wills Building Wills Oval, Newcastle Upon Tyne, NE7 7RW is a leasehold flat built between 1996-2002. The property offers approximately 603 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £138,017 , which equates to approximately £229 per square foot. It was last sold on 18 Dec 2018 for £112,500. Since then, the value has increased by £25,517, representing a 22.7% increase, or approximately 3.2% per year.

The current estimated value of £138,017 is:

  • 37.0% lower than the average property price on Wills Oval
  • 14.9% lower than the average in the NE7 7RW postcode area
  • and 53.5% lower than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 21 November 2020, the property was recorded as rented.

View sold house prices in NE7 7RW

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
603 sq ft
Tenure
Leasehold
Price (estimate)
£138,017
Price Per sq ft (estimate)
£229
Bedroom Count (estimate)
1 bedroom

EPC Summary

2, The Wills Building Wills Oval, Newcastle Upon Tyne, Tyne And Wear, NE7 7RW has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 21 Nov 2020.

This property is heated by a shared community system (community scheme). Community heating means the heat is supplied from a central source serving multiple homes. A community heating scheme is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 16 Aug 2010, and the property received the same rating of C with an unchanged energy efficiency score of 77.

Since the previous assessment, several changes were observed:

  • The hot water system changed from from main system to community scheme, with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 66% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
Solid brick, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE7 7RW

38 th / 43
Price Rank
15% lower than average
32 nd / 39
Size Rank
22% smaller than average
11 th / 39
Price Per Sq FT Rank
9% higher than average

Compared to other properties in NE7 7RW , this flat's estimated value ranks 38th out of 43. Based on price per square foot, it ranks 11th out of 39 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 32th out of 39 properties in its postcode area.

Sale History

Today
£138,017
streetscan.co.uk estimate
+23 %
18 Dec 2018
£112,500
Leasehold
+50.1 %
22 Jun 1999
£74,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 689 sq ft
sale price: £125,000
sale date: 19 Jun 2024
rooms: 2
size: 603 sq ft
sale price: £135,000
sale date: 31 May 2024
rooms: 3
size: 581 sq ft
sale price: £145,000
sale date: 5 Jan 2023
rooms: 3
size: 646 sq ft
sale price: £129,950
sale date: 4 Apr 2022
rooms: 2
size: 592 sq ft
sale price: £140,000
sale date: 25 May 2021

Data Sources

The property at 2, The Wills Building Wills Oval, Newcastle Upon Tyne, NE7 7RW appears two times in the Land Registry records, with the latest transaction recorded on 18 Dec 2018. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 21 Nov 2020. 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.