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Company No. 11113204
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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.
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.
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.
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%.
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.
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.
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%.
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.
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.
The closest station to 2, Oakfield Road, Newcastle Upon Tyne is Manors station, which is 3.2 kilometres away.
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.
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, Oakfield Road, Newcastle Upon Tyne, 53.6% of property is privately owned outright and 40.8% is privately owned with a mortgage.
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, Oakfield Road, Newcastle Upon Tyne, 24.3% of residents are recorded as possessing school level qualifications and 78.2% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Oakfield Road, Newcastle Upon Tyne, the average age was 42.3 and the most common age was 57.
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, Oakfield Road, Newcastle Upon Tyne, 3.7% 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, Oakfield Road, Newcastle Upon Tyne, there are an average of 1.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.
