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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Oak Drive, Newton Aycliffe is £210,290 and the estimated rental value is £991 per month.
Oak Drive, Newton Aycliffe, DL5 is located within the DL5 postal district.
7, Oak Drive, Newton Aycliffe has no records in the the Land Registry and a single entry in the EPC database dated March 2024.
We combine this information with public data 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.
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 7, Oak Drive, Newton Aycliffe is in very good condition we estimate a sale value of £220,804 and a rental value of £1,041 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £195,569 and a rental value of £922 per month.
Over the last 12 months the sale value of 7 Oak Drive Newton Aycliffe has increased by an estimated £5,995 (2.9%) and its rental value has increased by an estimated £33 per month (3.3%), giving an expected gross yield of 5.7%.
7, Oak Drive, Newton Aycliffe has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Mar 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Oak Drive, Newton Aycliffe within a radius of 840 metres over the last 2 years.
The most recent example is 38, Alder Gardens, Newton Aycliffe, DL5 7BL, a freehold house which sold for £73,498 on the 24th October 2023.
Read more about house prices in DL5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oak Drive, Newton Aycliffe, DL5 has a total of 26 addresses. According to our analysis of all the public data, 7, Oak Drive, Newton Aycliffe is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £58k more expensive than the average property in DL5.
The closest station to 7, Oak Drive, Newton Aycliffe is Newton Aycliffe station which is 2.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 7, Oak Drive, Newton Aycliffe, 43.4% of property is privately owned outright and 35.7% 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 7, Oak Drive, Newton Aycliffe, 14.3% of residents are recorded as possessing school level qualifications and 33.6% 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 7, Oak Drive, Newton Aycliffe, the average age was 44.8 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 7, Oak Drive, Newton Aycliffe, 0.7% 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 7, Oak Drive, Newton Aycliffe, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.