5 Oakfield Terrace, Gosforth, Newcastle Upon Tyne, NE3 4RQ is a freehold semi-detached property built between 1900-1929. The property offers approximately 1,389 square feet of living space. In this location, properties of similar size usually have four bedrooms.

The estimated current market value of the property is £234,611 , which equates to approximately £169 per square foot. It was last sold on 8 Nov 2024 for £220,000. Since then, the value has increased by £14,611, representing a 6.6% increase, or approximately 6.1% per year.

The current estimated value of £234,611 is:

  • 27.1% lower than the average property price on Oakfield Terrace
  • 34.5% lower than the average in the NE3 4RQ postcode area
  • and 11.5% lower than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 30 September 2024, the property was recorded as owner-occupied.

View sold house prices in NE3 4RQ

Building approximate location

About Property

Type
Terraced House
Built
1900-1929
Interior Size
1389 sq ft
Tenure
Freehold
Price (estimate)
£234,611
Price Per sq ft (estimate)
£169
Bedroom Count (estimate)
4 bedrooms

EPC Summary

5 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 30 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 10 Nov 2008, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 61.9%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from average to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water system was changed from from main system, no cylinderstat to from main system, with its energy efficiency improving from poor to good.
  • The roof construction or insulation changed from pitched, 300 mm loft insulation to pitched, no insulation (assumed), changing energy efficiency from very good to very poor.
  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to cavity wall, as built, no insulation (assumed), improving energy efficiency from very poor to poor.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE3 4RQ

21 st / 32
Price Rank
35% lower than average
11 th / 26
Size Rank
18% bigger than average
25 th / 26
Price Per Sq FT Rank
44% lower than average

Compared to other properties in NE3 4RQ , this house's estimated value ranks 21th out of 32. Based on price per square foot, it ranks 25th 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 11th out of 26 properties in its postcode area.

Sale History

Today
£234,611
streetscan.co.uk estimate
+7 %
8 Nov 2024
£220,000
Leasehold
+5.8 %
23 Sep 2011
£208,000
Leasehold
+333.3 %
19 Aug 1996
£48,000
Leasehold

Area Insights

Similar Properties Sold Nearby

23 Oakfield Terrace, Gosforth, Newcastle Upon Tyne, NE3 4RQ
rooms: 5
size: 1335 sq ft
sale price: £427,560
sale date: 26 Aug 2021
31 Oakfield Terrace, Gosforth, Newcastle Upon Tyne, NE3 4RQ
rooms: 5
size: 1442 sq ft
sale price: £378,000
sale date: 29 Oct 2020
3 Oakfield Terrace, Gosforth, Newcastle Upon Tyne, NE3 4RQ
rooms: 5
size: 1335 sq ft
sale price: £315,000
sale date: 19 Jun 2015

Data Sources

The property at 5 Oakfield Terrace, Gosforth, Newcastle Upon Tyne, NE3 4RQ appears three times in the Land Registry records, with the latest transaction recorded on 8 Nov 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 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.
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