46 Oakfield Terrace, Gosforth, Newcastle Upon Tyne, NE3 4RQ is a leasehold flat built before 1900. The property offers approximately 678 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £183,065 , which equates to approximately £270 per square foot. It was last sold on 3 Jul 2020 for £150,000. Since then, the value has increased by £33,065, representing a 22.0% increase, or approximately 4.0% per year.

The current estimated value of £183,065 is:

  • 43.1% lower than the average property price on Oakfield Terrace
  • 48.9% lower than the average in the NE3 4RQ postcode area
  • and 30.9% 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 as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 4 September 2024, the property was recorded as owner-occupied.

View sold house prices in NE3 4RQ

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
678 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£183,065
Price Per sq ft (estimate)
£270
Bedroom Count (estimate)
2 bedrooms

EPC Summary

46 Oakfield Terrace, Gosforth, Newcastle Upon Tyne, Tyne And Wear, NE3 4RQ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 4 Sep 2024.

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 28 Mar 2013, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 36.7%.

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 windows were upgraded from partial double glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 17% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 150 mm loft insulation
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE3 4RQ

32 nd / 32
Price Rank
49% lower than average
26 th / 26
Size Rank
42% smaller than average
21 st / 26
Price Per Sq FT Rank
11% lower than average

Compared to other properties in NE3 4RQ , this flat's estimated value ranks 32th out of 32. Based on price per square foot, it ranks 21th out of 26 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 26th out of 26 properties in its postcode area.

Sale History

Today
£183,065
streetscan.co.uk estimate
+22 %
3 Jul 2020
£150,000
Leasehold
+29.3 %
9 Aug 2013
£116,000
Leasehold
+29 %
30 May 2003
£89,950
Leasehold
+136.7 %
13 Dec 1996
£38,000
Leasehold

Area Insights

Nearby Properties

rooms: 4
size: 1313 sq ft
sale price: £348,000
sale date: 7 Sep 2020
rooms: 4
size: 926 sq ft
sale price: £242,500
sale date: 27 May 2011
rooms: 4
size: 1012 sq ft
sale price: £183,550
sale date: 20 Apr 2004
rooms: 7
size: 1572 sq ft
sale price: £280,000
sale date: 25 Jul 2014
rooms: 3
size: 936 sq ft
sale price: £270,000
sale date: 25 Aug 2022

Data Sources

The property at 46 Oakfield Terrace, Gosforth, Newcastle Upon Tyne, NE3 4RQ appears four times in the Land Registry records, with the latest transaction recorded on 3 Jul 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 Sep 2024. 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.