23 Oxford Close, Longbenton, Newcastle Upon Tyne, NE12 8TN is a leasehold flat built between 2003-2006. The property offers approximately 753 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 £157,020 , which equates to approximately £208 per square foot. It was last sold on 9 Sep 2016 for £127,500. Since then, the value has increased by £29,520, representing a 23.2% increase, or approximately 2.5% per year.

The current estimated value of £157,020 is:

  • 23.8% lower than the average property price on Oxford Close
  • 21.9% lower than the average in the NE12 8TN postcode area
  • and 40.8% 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 4 May 2023, the property was recorded as rented.

View sold house prices in NE12 8TN

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
753 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£157,020
Price Per sq ft (estimate)
£208
Bedroom Count (estimate)
2 bedrooms

EPC Summary

23 Oxford Close, Longbenton, Newcastle Upon Tyne, North Tyneside, Tyne And Wear, NE12 8TN has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 4 May 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 15 Mar 2013, and the property received the same rating of C with an unchanged energy efficiency score of 80.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, insulated (assumed) to pitched, 250 mm loft insulation, with no change in energy efficiency (good).
  • The lighting was changed from low energy lighting in 75% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE12 8TN

18 th / 26
Price Rank
22% lower than average
16 th / 22
Size Rank
12% smaller than average
21 st / 22
Price Per Sq FT Rank
11% lower than average

Compared to other properties in NE12 8TN , this flat's estimated value ranks 18th out of 26. Based on price per square foot, it ranks 21th out of 22 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 16th out of 22 properties in its postcode area.

Sale History

Today
£157,020
streetscan.co.uk estimate
+23 %
9 Sep 2016
£127,500
Leasehold
+7.1 %
29 Jul 2013
£119,000
Leasehold
-15 %
28 Jun 2006
£139,995
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 775 sq ft
sale price: £135,000
sale date: 14 Jun 2023
rooms: 4
size: 710 sq ft
sale price: £137,995
sale date: 29 Jun 2006

Data Sources

The property at 23 Oxford Close, Longbenton, Newcastle Upon Tyne, NE12 8TN appears three times in the Land Registry records, with the latest transaction recorded on 9 Sep 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 May 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.