7 Oakfield Terrace, Gateshead, NE10 0YB is a leasehold flat built before 1900. The property offers approximately 807 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 £97,896 , which equates to approximately £121 per square foot. It was last sold on 5 May 2016 for £82,000. Since then, the value has increased by £15,896, representing a 19.4% increase, or approximately 2.0% per year.

The current estimated value of £97,896 is:

  • 7.4% higher than the average property price on Oakfield Terrace
  • 5.7% higher than the average in the NE10 0YB postcode area
  • and 44.5% lower than the average price for Gateshead as a whole

At the most recent EPC inspection on 9 March 2015, the property was recorded as owner-occupied.

View sold house prices in NE10 0YB

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
807 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£97,896
Price Per sq ft (estimate)
£121
Bedroom Count (estimate)
2 bedrooms

EPC Summary

7 Oakfield Terrace, Gateshead, Tyne And Wear, NE10 0YB has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 9 Mar 2015.

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.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 150 mm loft insulation
Good
Walls
Sandstone or limestone, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE10 0YB

1 st / 11
Price Rank
6% higher than average
2 nd / 9
Size Rank
8% bigger than average
3 rd / 9
Price Per Sq FT Rank
2% lower than average

Compared to other properties in NE10 0YB , this flat's estimated value ranks 1st out of 11. Based on price per square foot, it ranks 3rd out of 9 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 2nd out of 9 properties in its postcode area.

Sale History

Today
£97,896
streetscan.co.uk estimate
+19 %
5 May 2016
£82,000
Leasehold
-7.9 %
27 Jun 2005
£89,000
Leasehold
+140.5 %
15 Dec 2000
£37,000
Leasehold
+68.2 %
1 Mar 1996
£22,000
Leasehold

Area Insights

Similar Properties Sold Nearby

6 Oakfield Terrace, Gateshead, NE10 0YB
rooms: 3
size: 710 sq ft
sale price: £87,500
sale date: 3 Aug 2018
9 Oakfield Terrace, Gateshead, NE10 0YB
rooms: 3
size: 810 sq ft
sale price: £80,000
sale date: 25 May 2016
12 Oakfield Terrace, Gateshead, NE10 0YB
rooms: 3
size: 765 sq ft
sale price: £96,000
sale date: 9 May 2008
3 Oakfield Terrace, Gateshead, NE10 0YB
rooms: 3
size: 786 sq ft
sale price: £85,000
sale date: 8 Aug 2007
10 Oakfield Terrace, Gateshead, NE10 0YB
rooms: 3
size: 710 sq ft
sale price: £85,950
sale date: 16 Mar 2007

Data Sources

The property at 7 Oakfield Terrace, Gateshead, NE10 0YB appears four times in the Land Registry records, with the latest transaction recorded on 5 May 2016. It also has a single Energy Performance Certificate (EPC) from 9 Mar 2015. 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.
↑