23, Oakwood Court Western Drive, Newcastle Upon Tyne, NE4 8SQ is a leasehold flat built between 1967-1975. The property offers approximately 678 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £57,439 , which equates to approximately £85 per square foot. It was last sold on 5 May 2000 for £18,750. Since then, the value has increased by £38,689, representing a 206.3% increase, or approximately 8.1% per year.

The current estimated value of £57,439 is:

  • 51.5% lower than the average property price on Western Drive
  • 46.2% lower than the average in the NE4 8SQ postcode area
  • and 78.3% lower than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 9 February 2021, the property was recorded as rented.

View sold house prices in NE4 8SQ

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
678 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£57,439
Price Per sq ft (estimate)
£85
Bedroom Count (estimate)
2 bedrooms

EPC Summary

23, Oakwood Court Western Drive, Newcastle Upon Tyne, Tyne And Wear, NE4 8SQ has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 9 Feb 2021.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 14 Jun 2010, when the property was rated G. Since then, the rating has improved to E, with the energy efficiency score increasing by 230.8%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from no system present: electric heaters assumed to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water system changed from electric immersion, standard tariff to electric immersion, off-peak, with no change in energy efficiency (very poor).
  • The roof construction or insulation changed from flat, limited insulation (assumed) to pitched, limited insulation (assumed), with no change in energy efficiency (very poor).
  • The lighting was updated from low energy lighting in 80% of fixed outlets to low energy lighting in 33% of fixed outlets, with efficiency changing from very good to average.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Pitched, limited insulation (assumed)
Very Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 33% of fixed outlets
Average

Compared to NE4 8SQ

26 th / 28
Price Rank
46% lower than average
17 th / 27
Size Rank
17% smaller than average
26 th / 27
Price Per Sq FT Rank
36% lower than average

Compared to other properties in NE4 8SQ , this flat's estimated value ranks 26th out of 28. Based on price per square foot, it ranks 26th out of 27 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 17th out of 27 properties in its postcode area.

Sale History

Today
£57,439
streetscan.co.uk estimate
+206 %
5 May 2000
£18,750
Leasehold

Area Insights

Similar Properties Sold Nearby

15, Oakwood Court Western Drive, Newcastle Upon Tyne, NE4 8SQ
rooms: 3
size: 603 sq ft
sale price: £42,000
sale date: 17 May 2024
21, Oakwood Court Western Drive, Newcastle Upon Tyne, NE4 8SQ
rooms: 3
size: 732 sq ft
sale price: £90,000
sale date: 29 Mar 2007

Data Sources

The property at 23, Oakwood Court Western Drive, Newcastle Upon Tyne, Tyne And Wear, NE4 8SQ appears once in the Land Registry records, with the transaction recorded on 5 May 2000. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Feb 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.
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