7, Oaktree Avenue
7, Oaktree Avenue
Description & Estimates
Public records show 7, Oaktree Avenue, Newcastle Upon Tyne to be an early-century freehold house with 850 ft2 of internal area, sitting on a 241 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
7, Oaktree Avenue, Newcastle Upon Tyne has an estimated sale value of £223,911 and an estimated rental value of £1,421 per month, assuming reasonable condition and based on the information available.
Oaktree Avenue, Newcastle Upon Tyne, NE6 lies in the borough of Newcastle upon Tyne, within the NE6 postal district.
Our Data Sources
7, Oaktree Avenue, Newcastle Upon Tyne has 2 entries in the Land Registry , most recently in December 2014 and a single entry in the EPC database dated August 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
In very good condition, we estimate 7, Oaktree Avenue, Newcastle Upon Tyne would be worth £235,107, with a potential rental value of £1,492 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £208,238, with a rental value of £1,322 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 7, Oaktree Avenue, Newcastle Upon Tyne has risen by £3,211 (1.4%) over the last year. During the same period, its estimated monthly rental value has moved up by £58 (4.1%). The property's estimated gross yield is currently 7.6%.
Plot Size
7, Oaktree Avenue, Newcastle Upon Tyne occupies a 241 m2 plot as recorded by HM Land Registry.
Of the 25 other houses in this postcode, 24 have recorded plot sizes, and this one ranks as the 13th largest.
Energy Efficiency
7, Oaktree Avenue, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Aug 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
7, Oaktree Avenue, Newcastle Upon Tyne last changed hands on 5th December 2014, selling for £169,950. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 22.0% since December 2014.
- Sold Dec 2014£169,950
- Sold Aug 2011£130,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 540 metres of 7, Oaktree Avenue, Newcastle Upon Tyne across the last 2 years.
Most recently, 20, Briarwood Crescent, Newcastle Upon Tyne, NE6 4ST, a freehold house, sold at £202,000 on the 20th November 2023.
Read more about house prices in NE6.
- Sold Nov 2023£202,000 | 3 Bed HouseBriarwood Crescent20, Briarwood Crescent, Newcastle Upon Tyne, NE6 4ST
- Sold Jul 2022£277,000 | 3 Bed HousePeartree Gardens11, Peartree Gardens, Newcastle Upon Tyne, NE6 4TS
- Sold Sep 2021£175,000 | 3 Bed HouseAppletree Gardens82, Appletree Gardens, Newcastle Upon Tyne, NE6 4SX
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 7, Oaktree Avenue, Newcastle Upon Tyne as the 29th largest and the 28th most expensive of the 35 addresses on Oaktree Avenue, Newcastle Upon Tyne, NE6.
Against the NE6 postcode district average, it is £41k more expensive than the typical property.
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Schools Nearby
- 300mWestern Community Primary School
- 600mCarville Academy
- 800mSt Columba's Catholic Primary School, Wallsend
- 800mBenfield School
- 1.0kmWalker Riverside Academy
- 1.8kmBurnside College
More reading links
Public Transport Nearby
Manors station is the nearest stop to 7, Oaktree Avenue, Newcastle Upon Tyne at 4.2 kilometres away.
- 4.2kmManors
- 4.3kmHeworth
- 5.1kmNorthumberland Park (Tyne & Wear)
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
