87, The Wills Building Wills Oval, Newcastle Upon Tyne, NE7 7RG is a leasehold flat built between 1996-2002. The property offers approximately 614 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £112,155 , which equates to approximately £183 per square foot. It was last sold on 14 Jun 2022 for £100,000. Since then, the value has increased by £12,155, representing a 12.2% increase, or approximately 3.5% per year.

The current estimated value of £112,155 is:

  • 48.8% lower than the average property price on Wills Oval
  • 38.3% lower than the average in the NE7 7RG postcode area
  • and 62.2% 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 once as rented and once as owner-occupied, indicating a change in how it was used over time.

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

View sold house prices in NE7 7RG

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
614 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£112,155
Price Per sq ft (estimate)
£183
Bedroom Count (estimate)
1 bedroom

EPC Summary

87, The Wills Building Wills Oval, Newcastle Upon Tyne, Tyne And Wear, NE7 7RG has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 16 Oct 2021.

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. A community heating scheme is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 16 Sep 2011. The rating of C remains the same, but the energy efficiency score improved by 10.1%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from very good to good, while the system remained as community scheme.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to solid brick, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Roof
Flat, insulated (assumed)
Average
Walls
Solid brick, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE7 7RG

33 rd / 33
Price Rank
38% lower than average
22 nd / 27
Size Rank
28% smaller than average
27 th / 27
Price Per Sq FT Rank
14% lower than average

Compared to other properties in NE7 7RG , this flat's estimated value ranks 33th out of 33. Based on price per square foot, it ranks 27th out of 27 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 22th out of 27 properties in its postcode area.

Sale History

Today
£112,155
streetscan.co.uk estimate
+12 %
14 Jun 2022
£100,000
Leasehold
+5.3 %
16 Sep 2016
£95,000
Leasehold
0 %
22 May 2009
£95,000
Leasehold
+22.6 %
22 Feb 2002
£77,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 538 sq ft
sale price: £120,000
sale date: 15 Oct 2021
rooms: 2
size: 560 sq ft
sale price: £100,950
sale date: 10 Jan 2020
rooms: 2
size: 592 sq ft
sale price: £85,000
sale date: 1 Nov 2013
rooms: 3
size: 624 sq ft
sale price: £136,000
sale date: 6 Oct 2006
rooms: 2
size: 606 sq ft
sale price: £128,500
sale date: 14 Sep 2006

Data Sources

The property at 87, The Wills Building Wills Oval, Newcastle Upon Tyne, NE7 7RG appears four times in the Land Registry records, with the latest transaction recorded on 14 Jun 2022. 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.


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