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According to the public record, 2, Oak Close, Newcastle Upon Tyne is a modern freehold house with 1,367 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Oak Close, Newcastle Upon Tyne is £306,357 and the estimated rental value is £1,541 per month.
Oak Close, Camperdown, Newcastle Upon Tyne, NE12 is located in the borough of North Tyneside within the NE12 postal district.
2, Oak Close, Newcastle Upon Tyne has a single entry in the Land Registry from April 2024 and a single entry in the EPC database dated September 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Oak Close, Newcastle Upon Tyne is in very good condition we estimate a sale value of £321,675 and a rental value of £1,618 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £284,912 and a rental value of £1,433 per month.
Over the last 12 months the sale value of 2 Oak Close Newcastle Upon Tyne has decreased by an estimated £1,741 (0.6%) and its rental value has increased by an estimated £40 per month (2.6%), giving an expected gross yield of 6%.
2, Oak Close, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Sep 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Oak Close, Newcastle Upon Tyne was last sold on 4th April 2024 for £274,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2024, the market for similar properties has dropped 14.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Oak Close, Newcastle Upon Tyne within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 9, Oak Close, Newcastle Upon Tyne, NE12 5AD, a freehold house which sold for £274,995 on the 10th June 2024.
Read more about house prices in NE12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oak Close, Camperdown, Newcastle Upon Tyne, NE12 has a total of 13 addresses. According to our analysis of all the public data, 2, Oak Close, Newcastle Upon Tyne is the 3rd largest and the 5th most expensive property on the street.
When compared to the postcode district it is £101k more expensive than the average property in NE12.
The closest station to 2, Oak Close, Newcastle Upon Tyne is Northumberland Park (Tyne & Wear) station which is 4.6 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Oak Close, Newcastle Upon Tyne, % of property is and % is .
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Oak Close, Newcastle Upon Tyne, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Oak Close, Newcastle Upon Tyne, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Oak Close, Newcastle Upon Tyne, there are an average of 0.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.