3, North Bank Otterburn Villas, Newcastle Upon Tyne, NE2 3AR is a leasehold other property built before 1900. The property offers approximately 969 square feet of living space and is situated on the 1st floor. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £326,742 , which equates to approximately £337 per square foot. It was last sold on 12 Mar 2022 for £300,000. Since then, the value has increased by £26,742, representing a 8.9% increase, or approximately 2.4% per year.

The current estimated value of £326,742 is:

  • 15.1% lower than the average property price on Otterburn Villas
  • 30.7% lower than the average in the NE2 3AR postcode area
  • and 23.3% higher than the average price for Newcastle Upon Tyne as a whole

View sold house prices in NE2 3AR

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
969 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£326,742
Price Per sq ft (estimate)
£337
Bedroom Count (estimate)
3 bedrooms

EPC Summary

3, North Bank Otterburn Villas, Newcastle Upon Tyne, Tyne And Wear, NE2 3AR has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 8 Jan 2019.

This property uses electric room heaters as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows have partial double glazing.

The previous EPC assessment was conducted on 23 Jun 2015, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 3.8%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, mains gas to room heaters, electric, changing energy efficiency from good to very poor.
  • The hot water system was changed from from main system to electric instantaneous at point of use, with its energy efficiency changing from good to very poor.
  • The roof construction or insulation changed from pitched, no insulation (assumed) to (another dwelling above), changing energy efficiency from very poor to n/a.
  • The wall energy efficiency improving from very poor to poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The lighting was updated from low energy lighting in 11% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric instantaneous at point of use
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Partial double glazing
Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE2 3AR

5 th / 13
Price Rank
31% lower than average
4 th / 10
Size Rank
16% bigger than average
3 rd / 10
Price Per Sq FT Rank
40% lower than average

Compared to other properties in NE2 3AR , this flat's estimated value ranks 5th out of 13. Based on price per square foot, it ranks 3rd out of 10 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 4th out of 10 properties in its postcode area.

Sale History

Today
£326,742
streetscan.co.uk estimate
+9 %
12 Mar 2022
£300,000
Leasehold

Area Insights

Nearby Properties

rooms: 3
size: 893 sq ft
sale price: £160,000
sale date: 26 Jul 2024
rooms: 10
size: 3251 sq ft
sale price: £800,000
sale date: 28 Mar 2023
rooms: 2
size: 452 sq ft
sale price: £1,279,500
sale date: 10 Feb 2023
rooms: 7
size: 1453 sq ft
sale price: £291,000
sale date: 8 Sep 2020
rooms: 3
size: 538 sq ft
sale price: £126,000
sale date: 9 May 2019

Data Sources

The property at 3, North Bank Otterburn Villas, Newcastle Upon Tyne, Tyne And Wear, NE2 3AR appears once in the Land Registry records, with the transaction recorded on 12 Mar 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 8 Jan 2019. 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.