16 Orchard Place

    16, ORCHARD PLACE, NEWCASTLE UPON TYNE, NE2 2DE

    This flat/maisonette leasehold property on Orchard Place last sold in August 2023 for £147,000. Based on price growth in the NE2 district since then, its estimated current value is £147,503 — placing it in the 12th percentile nationally and the 9th percentile within NE2. The property covers 55 m² (592 sq ft), giving an estimated value of £2,682 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £147,000

    Aug 2023

    Estimated Valuation

    £147,503

    Est. £/sq ft

    £249/sq ft

    £2,682/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area592 sq ft (55 m²)
    EPC dateSept 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    11 Aug 2023

    £147,000

    16 Feb 2015

    £140,000

    17 Jun 2011

    £126,500

    9 Sept 1999

    £56,000

    Key Metrics

    Estimated valuation£147,503
    Value per sq ft / m²£249/sq ft (£2,682/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile9th percentile
    National percentile12th percentile

    District Context — NE2

    NE2 covers central Newcastle upon Tyne, including the city centre and surrounding urban neighbourhoods. It is characterised by a young, student-dominated population within a vibrant urban setting with strong rental demand.

    Average Property Price - NE2

    £361,932

    59

    National percentile

    Average Net Household Income - NE2

    £28,827

    6

    National percentile

    10-Year Annualised Price Growth - NE2

    2.6%

    18

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE2

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