40, The Wills Building Wills Oval, Newcastle Upon Tyne, NE7 7RW is a leasehold flat built between 1983-1990. The property offers approximately 743 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £119,703 , which equates to approximately £161 per square foot. It was last sold on 23 Nov 2022 for £110,000. Since then, the value has increased by £9,703, representing a 8.8% increase, or approximately 2.9% per year.

The current estimated value of £119,703 is:

  • 45.4% lower than the average property price on Wills Oval
  • 26.2% lower than the average in the NE7 7RW postcode area
  • and 59.7% lower than the average price for Newcastle Upon Tyne as a whole

View sold house prices in NE7 7RW

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
743 sq ft
Tenure
Leasehold
Price (estimate)
£119,703
Price Per sq ft (estimate)
£161
Bedroom Count (estimate)
2 bedrooms

EPC Summary

40, 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 6 Jun 2019.

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 27 Nov 2008. The rating of C remains the same, but the energy efficiency score improved by 8.6%.

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 no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE7 7RW

23 rd / 43
Price Rank
26% lower than average
21 st / 39
Size Rank
4% smaller than average
19 th / 39
Price Per Sq FT Rank
23% lower than average

Compared to other properties in NE7 7RW , this flat's estimated value ranks 23th out of 43. Based on price per square foot, it ranks 19th out of 39 properties. In terms of size, this home ranks 21th out of 39 properties in its postcode area.

Sale History

Today
£119,703
streetscan.co.uk estimate
+9 %
23 Nov 2022
£110,000
Leasehold
+1.9 %
13 May 2014
£108,000
Leasehold
+16.1 %
11 Dec 2001
£93,000
Leasehold
+16.3 %
17 Dec 1998
£79,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 818 sq ft
sale price: £142,500
sale date: 17 Jan 2025
rooms: 2
size: 775 sq ft
sale price: £115,000
sale date: 26 Jun 2024
rooms: 3
size: 689 sq ft
sale price: £125,000
sale date: 19 Jun 2024
rooms: 3
size: 840 sq ft
sale price: £152,000
sale date: 1 Dec 2023
rooms: 2
size: 797 sq ft
sale price: £119,995
sale date: 24 Nov 2022

Data Sources

The property at 40, The Wills Building Wills Oval, Newcastle Upon Tyne, NE7 7RW appears four times in the Land Registry records, with the latest transaction recorded on 23 Nov 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 6 Jun 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.