41, The Wills Building Wills Oval, Newcastle Upon Tyne, NE7 7RW is a leasehold flat built between 1991-1995. The property offers approximately 592 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £187,387 , which equates to approximately £317 per square foot. It was last sold on 28 Aug 2004 for £149,500. Since then, the value has increased by £37,887, representing a 25.3% increase, or approximately 1.2% per year.

The current estimated value of £187,387 is:

  • 14.5% lower than the average property price on Wills Oval
  • 15.5% higher than the average in the NE7 7RW postcode area
  • and 36.9% lower than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 22 July 2020, the property was recorded as owner-occupied.

View sold house prices in NE7 7RW

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
592 sq ft
Tenure
Leasehold
Price (estimate)
£187,387
Price Per sq ft (estimate)
£317
Bedroom Count (estimate)
1 bedroom

EPC Summary

41, The Wills Building Wills Oval, Newcastle Upon Tyne, Tyne And Wear, NE7 7RW has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 22 Jul 2020.

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 standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 15 Jul 2010. The rating of D is unchanged, though the energy efficiency score decreased by 3.1%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system to electric immersion, standard tariff, with its energy efficiency changing from good to very poor.
  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to solid brick, as built, insulated (assumed), improving energy efficiency from very poor to good.
  • The lighting was updated from low energy lighting in 27% of fixed outlets to no low energy lighting, with efficiency changing from average to very poor.
Heating Type
Community scheme
Good
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Solid brick, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to NE7 7RW

24 th / 43
Price Rank
15% higher than average
34 th / 39
Size Rank
23% smaller than average
7 th / 39
Price Per Sq FT Rank
51% higher than average

Compared to other properties in NE7 7RW , this flat's estimated value ranks 24th out of 43. Based on price per square foot, it ranks 7th out of 39 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 34th out of 39 properties in its postcode area.

Sale History

Today
£187,387
streetscan.co.uk estimate
+25 %
28 Aug 2004
£149,500
Leasehold
+87 %
11 Dec 1998
£79,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 603 sq ft
sale price: £135,000
sale date: 31 May 2024
rooms: 3
size: 581 sq ft
sale price: £145,000
sale date: 5 Jan 2023
rooms: 3
size: 646 sq ft
sale price: £129,950
sale date: 4 Apr 2022
rooms: 2
size: 592 sq ft
sale price: £140,000
sale date: 25 May 2021
rooms: 3
size: 572 sq ft
sale price: £113,000
sale date: 5 Nov 2019

Data Sources

The property at 41, The Wills Building Wills Oval, Newcastle Upon Tyne, NE7 7RW appears two times in the Land Registry records, with the latest transaction recorded on 28 Aug 2004. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 22 Jul 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.