23, Oak Drive
23, Oak Drive
Description & Estimates
23, Oak Drive, Newton Aycliffe is recorded publicly as a modern freehold house across 635 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 23, Oak Drive, Newton Aycliffe is £166,331 and its rental estimate is £853 per month, given the available information and assuming reasonable condition.
Oak Drive, Newton Aycliffe, DL5 falls within the DL5 postal district.
Our Data Sources
23, Oak Drive, Newton Aycliffe has a single entry in the Land Registry from September 2023 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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 23, Oak Drive, Newton Aycliffe, we estimate a market value of £174,647 and a rental value of £895 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £154,687 and £793 per month respectively.
Recent Market Change
Over the last year, 23, Oak Drive, Newton Aycliffe has seen its estimated sale value increase by £4,742 (2.9%) and its estimated rental value grow by £28 per month (3.3%). This results in an estimated gross rental yield of 6.2%.
Energy Efficiency
23, Oak Drive, Newton Aycliffe has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Sep 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 23, Oak Drive, Newton Aycliffe completed on 29th September 2023 at £142,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 26.5% over the period since September 2023.
- Sold Sep 2023£142,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 23, Oak Drive, Newton Aycliffe have sold within a radius of 860 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th July 2024, was 4, Alder Gardens, Newton Aycliffe, DL5 7BL, a freehold house which sold for £103,597.
Read more about house prices in DL5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 26 addresses on Oak Drive, Newton Aycliffe, DL5, 23, Oak Drive, Newton Aycliffe comes out as the 26th largest and the 26th most expensive in our analysis of the public data.
It is also £14k more expensive than the average property across the DL5 district.
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Schools Nearby
- 900mByerley Park Primary School
- 1.1kmSt Francis Horndale CofE Primary School
- 1.2kmSt Joseph's Catholic Primary School
- 1.5kmGreenfield Academy
- 1.9kmWoodham Academy
- 4.1kmUTC South Durham
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Public Transport Nearby
From 23, Oak Drive, Newton Aycliffe, the nearest station is Newton Aycliffe, 2.0 kilometres away.
- 2.0kmNewton Aycliffe
- 3.1kmShildon
- 3.9kmHeighington
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
