7 Ormiston

    7, ORMISTON, NEWCASTLE UPON TYNE, NE15 7XR

    This terraced leasehold property on Ormiston last sold in February 2019 for £127,500. Based on price growth in the NE15 district since then, its estimated current value is £162,874 — placing it in the 15th percentile nationally and the 47th percentile within NE15. The property covers 61 m² (657 sq ft), giving an estimated value of £2,670 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    657 sq ft

    61 m²

    Last Sale Price

    £127,500

    Feb 2019

    Estimated Valuation

    £162,874

    Est. £/sq ft

    £248/sq ft

    £2,670/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area657 sq ft (61 m²)
    EPC dateSept 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 Feb 2019

    £127,500

    Key Metrics

    Estimated valuation£162,874
    Value per sq ft / m²£248/sq ft (£2,670/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE15 district percentile47th percentile
    National percentile15th 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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