3, Oakfield Gardens
3, Oakfield Gardens
Description & Estimates
3, Oakfield Gardens, Wallsend is recorded publicly as a mid-century freehold house across 882 ft2 of internal area, sitting on a 347 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 3, Oakfield Gardens, Wallsend is £170,184 and its rental estimate is £1,042 per month, given the available information and assuming reasonable condition.
Oakfield Gardens, Wallsend, NE28 falls within the NE28 postal district, in the borough of North Tyneside.
Our Data Sources
3, Oakfield Gardens, Wallsend has 31 entries in the Land Registry , most recently in June 2022 and a single entry in the EPC database dated December 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 3, Oakfield Gardens, Wallsend, we estimate a market value of £178,693 and a rental value of £1,094 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £158,271 and £969 per month respectively.
Recent Market Change
Over the last year, 3, Oakfield Gardens, Wallsend has seen its estimated sale value rise by £241 (0.1%) and its estimated rental value move up by £40 per month (3.9%). This results in an estimated gross rental yield of 7.3%.
Plot Size
HM Land Registry records the plot of land for 3, Oakfield Gardens, Wallsend as measuring 347 m2.
That makes it the largest plot in the postcode, where 3 of the 6 other houses have recorded plot data.
Energy Efficiency
3, Oakfield Gardens, Wallsend has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Dec 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 3, Oakfield Gardens, Wallsend completed on 23rd June 2022 at £160,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 27.5% over the period since June 2022.
- Sold Jun 2022£160,000
- Sold Jun 2007£136,500
- Sold Dec 2005£110,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Oakfield Gardens, Wallsend have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th August 2024, was 57, Springfield Gardens, Wallsend, NE28 8AJ, a freehold house which sold for £166,000.
Read more about house prices in NE28.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 6 addresses on Oakfield Gardens, Wallsend, NE28, 3, Oakfield Gardens, Wallsend comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £16k more expensive than the average property across the NE28 district.
More reading links
Schools Nearby
- 500mRedesdale Primary School
- 700mWallsend Jubilee Primary School
- 700mSt Columba's Catholic Primary School, Wallsend
- 1.4kmBenfield School
- 2.0kmBurnside College
- 2.2kmWalker Riverside Academy
More reading links
Public Transport Nearby
From 3, Oakfield Gardens, Wallsend, the nearest station is Northumberland Park (Tyne & Wear), 4.1 kilometres away.
- 4.1kmNorthumberland Park (Tyne & Wear)
- 4.7kmManors
- 5.5kmHeworth
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
