8 Oakfield Terrace, Gateshead, NE10 0YB is a leasehold flat built between 1900-1929. The property offers approximately 657 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £78,570 , which equates to approximately £120 per square foot. It was last sold on 14 Mar 2013 for £62,000. Since then, the value has increased by £16,570, representing a 26.7% increase, or approximately 2.1% per year.

The current estimated value of £78,570 is:

  • 13.8% lower than the average property price on Oakfield Terrace
  • 15.2% lower than the average in the NE10 0YB postcode area
  • and 55.5% lower than the average price for Gateshead as a whole

At the most recent EPC inspection on 16 October 2021, the property was recorded as rented.

View sold house prices in NE10 0YB

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
657 sq ft
Tenure
Leasehold
Price (estimate)
£78,570
Price Per sq ft (estimate)
£120
Bedroom Count (estimate)
2 bedrooms

EPC Summary

8 Oakfield Terrace, Gateshead, Tyne And Wear, NE10 0YB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 16 Oct 2021.

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 14 May 2010, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 15.9%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from sandstone, as built, no insulation (assumed) to sandstone or limestone, as built, no insulation (assumed), with no change in energy efficiency (very poor).
  • The lighting was updated from low energy lighting in 29% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
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

11 th / 11
Price Rank
15% lower than average
9 th / 9
Size Rank
12% smaller than average
9 th / 9
Price Per Sq FT Rank
3% lower than average

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

Sale History

Today
£78,570
streetscan.co.uk estimate
+27 %
14 Mar 2013
£62,000
Leasehold
+185.1 %
12 Sep 1997
£21,750
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
10 Oakfield Terrace, Gateshead, NE10 0YB
rooms: 3
size: 710 sq ft
sale price: £85,950
sale date: 16 Mar 2007
5 Oakfield Terrace, Gateshead, NE10 0YB
rooms: 3
size: 732 sq ft
sale price: £27,850
sale date: 10 Mar 1995

Data Sources

The property at 8 Oakfield Terrace, Gateshead, NE10 0YB appears two times in the Land Registry records, with the latest transaction recorded on 14 Mar 2013. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Oct 2021. 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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