2, Oakfield Road
2, Oakfield Road
Description & Estimates
According to the public record, 2, Oakfield Road, Newcastle Upon Tyne is an early-century freehold house with 1,926 ft2 of internal area and sits on a 500 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Oakfield Road, Newcastle Upon Tyne is £798,790 and the estimated rental value is £2,852 per month.
Oakfield Road, Newcastle Upon Tyne, NE3 is located in the borough of Newcastle upon Tyne within the NE3 postal district.
Our Data Sources
2, Oakfield Road, Newcastle Upon Tyne has 21 entries in the Land Registry , most recently in January 2024 and a single entry in the EPC database dated November 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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, Oakfield Road, Newcastle Upon Tyne is in very good condition we estimate a sale value of £838,729 and a rental value of £2,995 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £742,874 and a rental value of £2,653 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Oakfield Road, Newcastle Upon Tyne has moved down by £2,391 (0.3%), while its estimated rental value has increased by £50 per month (1.8%). Based on current estimates, the property offers a gross rental yield of 4.3%.
Plot Size
According to data from HM Land Registry, 2, Oakfield Road, Newcastle Upon Tyne sits on a plot of 500 m2.
We have plot size data on 29 out of 30 other houses in the postcode and 2, Oakfield Road, Newcastle Upon Tyne sits on the 5th largest plot.
Energy Efficiency
2, Oakfield Road, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Nov 2023.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 2, Oakfield Road, Newcastle Upon Tyne was last sold on 16th January 2024 for £810,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since January 2024, the market for similar properties has dropped by 46.5%.
- Sold Jan 2024£810,000
- Sold Aug 1998£190,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Oakfield Road, Newcastle Upon Tyne within a radius of 720 metres over the last 2 years.
The most recent example is 13, Wilson Gardens, Newcastle Upon Tyne, NE3 4JA, a freehold house which sold for £920,000 on the 31st January 2025.
Read more about house prices in NE3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Oakfield Road, Newcastle Upon Tyne, NE3 has a total of 30 addresses. According to our analysis of all the public data, 2, Oakfield Road, Newcastle Upon Tyne is the 18th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £506k more expensive than the average property in NE3.
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Schools Nearby
- 900mWyndham Primary School
- 1.0kmArchibald First School
- 1.3kmSouth Gosforth First School
- 1.7kmGosforth Academy
- 2.0kmKenton School
- 2.4kmSt Mary's Catholic School
More reading links
Public Transport Nearby
The closest station to 2, Oakfield Road, Newcastle Upon Tyne is Manors station, which is 3.2 kilometres away.
- 3.2kmManors
- 3.4kmNewcastle
- 5.0kmMetroCentre
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
