3 Loraine Terrace

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

    This flat/maisonette leasehold property on Loraine Terrace last sold in May 2008 for £55,000. Based on price growth in the NE15 district since then, its estimated current value is £52,816 — placing it in the 0th percentile nationally and the 3rd percentile within NE15. The property covers 130 m² (1,399 sq ft), giving an estimated value of £406 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,399 sq ft

    130 m²

    Last Sale Price

    £55,000

    May 2008

    Estimated Valuation

    £52,816

    Est. £/sq ft

    £38/sq ft

    £406/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formNot Recorded
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area1,399 sq ft (130 m²)
    EPC dateAug 2025
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 May 2008

    New build

    £55,000

    16 Aug 2005

    £140,000

    Key Metrics

    Estimated valuation£52,816
    Value per sq ft / m²£38/sq ft (£406/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE15 district percentile3rd percentile
    National percentile0th 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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