16 Loraine Terrace

    16, LORAINE TERRACE, NEWCASTLE UPON TYNE, NE15 8EA

    This terraced freehold property on Loraine Terrace last sold in February 2017 for £124,000. Based on price growth in the NE15 district since then, its estimated current value is £178,850 — placing it in the 19th percentile nationally and the 56th percentile within NE15. The property covers 195 m² (2,099 sq ft), giving an estimated value of £917 per m². The EPC rating is F, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    2,099 sq ft

    195 m²

    Last Sale Price

    £124,000

    Feb 2017

    Estimated Valuation

    £178,850

    Est. £/sq ft

    £85/sq ft

    £917/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentF
    EPC potentialC
    Floor area2,099 sq ft (195 m²)
    EPC dateJan 2015
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Feb 2017

    £124,000

    5 Apr 2007

    £135,000

    4 Nov 1999

    £26,000

    11 Mar 1996

    £18,000

    Key Metrics

    Estimated valuation£178,850
    Value per sq ft / m²£85/sq ft (£917/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE15 district percentile56th percentile
    National percentile19th 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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