8, Oaktree Avenue
8, Oaktree Avenue
Description & Estimates
8, Oaktree Avenue, Newcastle Upon Tyne is recorded publicly as an early-century freehold house across 843 ft2 of internal area, sitting on a 289 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 8, Oaktree Avenue, Newcastle Upon Tyne is £219,413 and its rental estimate is £1,395 per month, given the available information and assuming reasonable condition.
Oaktree Avenue, Newcastle Upon Tyne, NE6 falls within the NE6 postal district, in the borough of Newcastle upon Tyne.
Our Data Sources
8, Oaktree Avenue, Newcastle Upon Tyne has a single entry in the Land Registry from October 2010 and a single entry in the EPC database dated March 2010.
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 8, Oaktree Avenue, Newcastle Upon Tyne, we estimate a market value of £230,384 and a rental value of £1,465 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £204,054 and £1,298 per month respectively.
Recent Market Change
Over the last year, 8, Oaktree Avenue, Newcastle Upon Tyne has seen its estimated sale value increase by £3,146 (1.4%) and its estimated rental value grow by £57 per month (4.1%). This results in an estimated gross rental yield of 7.6%.
Plot Size
HM Land Registry records the plot of land for 8, Oaktree Avenue, Newcastle Upon Tyne as measuring 289 m2.
That makes it the 9th largest plot in the postcode, where 24 of the 25 other houses have recorded plot data.
Energy Efficiency
8, Oaktree Avenue, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Mar 2010.
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 8, Oaktree Avenue, Newcastle Upon Tyne completed on 5th October 2010 at £139,000 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 risen by 26.9% over the period since October 2010.
- Sold Oct 2010£139,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Oaktree Avenue, Newcastle Upon Tyne have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th November 2023, was 20, Briarwood Crescent, Newcastle Upon Tyne, NE6 4ST, a freehold house which sold for £202,000.
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.
More reading links
Location Comparison
Of the 35 addresses on Oaktree Avenue, Newcastle Upon Tyne, NE6, 8, Oaktree Avenue, Newcastle Upon Tyne comes out as the 31st largest and the 31st most expensive in our analysis of the public data.
It is also £36k more expensive than the average property across the NE6 district.
More reading links
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
From 8, Oaktree Avenue, Newcastle Upon Tyne, the nearest station is Manors, 4.2 kilometres away.
- 4.2kmManors
- 4.3kmHeworth
- 5.1kmNorthumberland Park (Tyne & Wear)
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.
