2 Ormiston

    2, ORMISTON, NEWCASTLE UPON TYNE, NE15 7XR

    This flat/maisonette leasehold property on Ormiston last sold in December 2024 for £97,500. Based on price growth in the NE15 district since then, its estimated current value is £101,610 — placing it in the 4th percentile nationally and the 17th percentile within NE15. The property covers 47 m² (506 sq ft), giving an estimated value of £2,162 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    506 sq ft

    47 m²

    Last Sale Price

    £97,500

    Dec 2024

    Estimated Valuation

    £101,610

    Est. £/sq ft

    £201/sq ft

    £2,162/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area506 sq ft (47 m²)
    EPC dateMay 2022
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Dec 2024

    £97,500

    23 Jun 2023

    £82,500

    31 Aug 2006

    £93,000

    30 Mar 2001

    £30,000

    Key Metrics

    Estimated valuation£101,610
    Value per sq ft / m²£201/sq ft (£2,162/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE15 district percentile17th percentile
    National percentile4th 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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