55, The Wills Building Wills Oval, Newcastle Upon Tyne, NE7 7RH is a leasehold flat built between 1991-1995. The property offers approximately 840 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 £135,975 , which equates to approximately £162 per square foot. It was last sold on 11 Feb 2022 for £120,000. Since then, the value has increased by £15,975, representing a 13.3% increase, or approximately 3.5% per year.

The current estimated value of £135,975 is:

  • 38.0% lower than the average property price on Wills Oval
  • 26.0% lower than the average in the NE7 7RH postcode area
  • and 54.2% 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 25 February 2022, the property was recorded as owner-occupied.

View sold house prices in NE7 7RH

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
840 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£135,975
Price Per sq ft (estimate)
£162
Bedroom Count (estimate)
2 bedrooms

EPC Summary

55, The Wills Building Wills Oval, Newcastle Upon Tyne, Tyne And Wear, NE7 7RH has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 25 Feb 2022.

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. Hot water is provided by a community heating scheme, but the cylinder is not fitted with a thermostat. The windows are fully double glazed.

The previous EPC assessment was conducted on 26 Feb 2013, and the property received the same rating of C with an unchanged energy efficiency score of 80.

Since the previous assessment, several changes were observed:

  • The hot water system changed from community scheme to community scheme, no cylinder thermostat, with no change in energy efficiency (good).
  • The wall construction or insulation changed from system built, 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 all fixed outlets to low energy lighting in 63% of fixed outlets, with efficiency changing from very good to good.
Heating Type
Community scheme
Good
Hot Water
Community scheme, no cylinder thermostat
Good
Walls
Solid brick, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 63% of fixed outlets
Good

Compared to NE7 7RH

23 rd / 36
Price Rank
26% lower than average
15 th / 32
Size Rank
3% bigger than average
27 th / 32
Price Per Sq FT Rank
28% lower than average

Compared to other properties in NE7 7RH , this flat's estimated value ranks 23th out of 36. Based on price per square foot, it ranks 27th out of 32 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 15th out of 32 properties in its postcode area.

Sale History

Today
£135,975
streetscan.co.uk estimate
+13 %
11 Feb 2022
£120,000
Leasehold
-12.7 %
17 Mar 2003
£137,500
Leasehold
+34.8 %
18 Jan 2002
£102,000
Leasehold
+21.5 %
19 Feb 1999
£83,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 883 sq ft
sale price: £73,500
sale date: 10 Jan 2025
rooms: 3
size: 861 sq ft
sale price: £130,000
sale date: 1 Nov 2022
rooms: 3
size: 786 sq ft
sale price: £131,000
sale date: 28 Oct 2022
rooms: 3
size: 904 sq ft
sale price: £99,000
sale date: 21 Oct 2022
rooms: 3
size: 926 sq ft
sale price: £146,000
sale date: 1 Jul 2022

Data Sources

The property at 55, The Wills Building Wills Oval, Newcastle Upon Tyne, NE7 7RH appears four 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 25 Feb 2022. 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.