3 Oakfield Terrace, Gateshead, NE10 0YB is a leasehold other property built between 1900-1929. The property offers approximately 786 square feet of living space and is situated on the 1st floor. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £83,714 , which equates to approximately £107 per square foot. It was last sold on 11 Feb 2022 for £77,000. Since then, the value has increased by £6,714, representing a 8.7% increase, or approximately 2.3% per year.

The current estimated value of £83,714 is:

  • 8.1% lower than the average property price on Oakfield Terrace
  • 9.6% lower than the average in the NE10 0YB postcode area
  • and 52.6% lower than the average price for Gateshead as a whole

View sold house prices in NE10 0YB

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
786 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£83,714
Price Per sq ft (estimate)
£107
Bedroom Count (estimate)
2 bedrooms

EPC Summary

3 Oakfield Terrace, Gateshead, Tyne And Wear, NE10 0YB has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 17 Jun 2020.

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 22 Sep 2009, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 11%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 150 mm loft insulation, improving energy efficiency from average to good.
  • The wall construction or insulation changed from sandstone, as built, no insulation (assumed) to sandstone or limestone, as built, no insulation (assumed), with no change in energy efficiency (very poor).
  • The lighting was changed from low energy lighting in 95% 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, 150 mm loft insulation
Good
Walls
Sandstone or limestone, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE10 0YB

7 th / 11
Price Rank
10% lower than average
4 th / 9
Size Rank
5% bigger than average
8 th / 9
Price Per Sq FT Rank
14% lower than average

Compared to other properties in NE10 0YB , this flat's estimated value ranks 7th out of 11. Based on price per square foot, it ranks 8th out of 9 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 4th out of 9 properties in its postcode area.

Sale History

Today
£83,714
streetscan.co.uk estimate
+9 %
11 Feb 2022
£77,000
Leasehold
-9.4 %
8 Aug 2007
£85,000
Leasehold
-5.6 %
10 Nov 2006
£90,000
Leasehold
+47.5 %
24 Oct 2003
£61,000
Leasehold
+144 %
5 Jan 1998
£25,000
Leasehold

Area Insights

Nearby Properties

1 Oakfield Terrace, Gateshead, NE10 0YB
rooms: 4
size: 807 sq ft
sale price: £78,000
sale date: 13 Nov 2006
5 Oakfield Terrace, Gateshead, NE10 0YB
rooms: 3
size: 732 sq ft
sale price: £27,850
sale date: 10 Mar 1995
6 Oakfield Terrace, Gateshead, NE10 0YB
rooms: 3
size: 710 sq ft
sale price: £87,500
sale date: 3 Aug 2018
7 Oakfield Terrace, Gateshead, NE10 0YB
rooms: 3
size: 807 sq ft
sale price: £82,000
sale date: 5 May 2016
8 Oakfield Terrace, Gateshead, NE10 0YB
rooms: 3
size: 657 sq ft
sale price: £62,000
sale date: 14 Mar 2013

Data Sources

The property at 3 Oakfield Terrace, Gateshead, NE10 0YB appears five times in the Land Registry records, with the latest transaction recorded on 11 Feb 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 17 Jun 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.
↑