38, Oaklands
38, Oaklands
Description & Estimates
38, Oaklands, Newcastle Upon Tyne is recorded publicly as a period freehold house across 2,744 ft2 of internal area, sitting on a 317 m2 plot.
Locally, houses of this size normally have 6 bedrooms with a garden.
Our estimate of the sale value of 38, Oaklands, Newcastle Upon Tyne is £853,028 and its rental estimate is £3,046 per month, given the available information and assuming reasonable condition.
Oaklands, Newcastle Upon Tyne, NE3 falls within the NE3 postal district, in the borough of Newcastle upon Tyne.
Our Data Sources
38, Oaklands, Newcastle Upon Tyne has a single entry in the Land Registry from November 2014 and a single entry in the EPC database dated April 2014.
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 38, Oaklands, Newcastle Upon Tyne, we estimate a market value of £895,679 and a rental value of £3,198 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £793,316 and £2,833 per month respectively.
Recent Market Change
Over the last year, 38, Oaklands, Newcastle Upon Tyne has seen its estimated sale value decrease by £2,553 (0.3%) and its estimated rental value grow by £54 per month (1.8%). This results in an estimated gross rental yield of 4.3%.
Plot Size
HM Land Registry records the plot of land for 38, Oaklands, Newcastle Upon Tyne as measuring 317 m2.
That makes it the 10th largest plot in the postcode, where all 22 other houses have recorded plot data.
Energy Efficiency
38, Oaklands, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Apr 2014.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 38, Oaklands, Newcastle Upon Tyne completed on 20th November 2014 at £510,000 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 30.9% over the period since November 2014.
- Sold Nov 2014£510,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 38, Oaklands, Newcastle Upon Tyne have sold within a radius of 810 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th May 2024, was 13, The Drive, Newcastle Upon Tyne, NE3 4AH, a freehold house which sold for £730,000.
Read more about house prices in NE3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 47 addresses on Oaklands, Newcastle Upon Tyne, NE3, 38, Oaklands, Newcastle Upon Tyne comes out as the 2nd largest and the 9th most expensive in our analysis of the public data.
It is also £560k more expensive than the average property across the NE3 district.
More reading links
Schools Nearby
- 1.0kmSouth Gosforth First School
- 1.1kmArchibald First School
- 1.2kmWest Jesmond Primary School
- 1.7kmGosforth Academy
- 2.2kmSt Mary's Catholic School
- 2.2kmJesmond Park Academy
More reading links
Public Transport Nearby
From 38, Oaklands, Newcastle Upon Tyne, the nearest station is Manors, 3.0 kilometres away.
- 3.0kmManors
- 3.3kmNewcastle
- 5.1kmMetroCentre
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
