7 Ormonde Avenue

    7, ORMONDE AVENUE, NEWCASTLE UPON TYNE, NE15 7AE

    This terraced freehold property on Ormonde Avenue last sold in July 2016 for £119,000. Based on price growth in the NE15 district since then, its estimated current value is £152,479 — placing it in the 13th percentile nationally and the 42nd percentile within NE15. The property covers 65 m² (700 sq ft), giving an estimated value of £2,346 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    700 sq ft

    65 m²

    Last Sale Price

    £119,000

    Jul 2016

    Estimated Valuation

    £152,479

    Est. £/sq ft

    £218/sq ft

    £2,346/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area700 sq ft (65 m²)
    EPC dateMar 2014
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Jul 2016

    £119,000

    18 Jul 2003

    £91,000

    11 Jan 2002

    £58,500

    7 Nov 1997

    £29,000

    Key Metrics

    Estimated valuation£152,479
    Value per sq ft / m²£218/sq ft (£2,346/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE15 district percentile42nd percentile
    National percentile13th percentile

    District Context — NE15

    NE15 covers Prudhoe, Ryton, and surrounding communities in Tyne and Wear, situated west of Gateshead along the River Tyne. It is a mixed residential area with strong community roots and reasonable access to regional employment centres.

    Average Property Price - NE15

    £195,588

    11

    National percentile

    Average Net Household Income - NE15

    £33,771

    24

    National percentile

    10-Year Annualised Price Growth - NE15

    3.7%

    54

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE15

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