18 Orchard Place

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

    This flat/maisonette leasehold property on Orchard Place last sold in August 2007 for £185,000. Based on price growth in the NE2 district since then, its estimated current value is £229,003 — placing it in the 32nd percentile nationally and the 38th percentile within NE2. The property covers 46 m² (495 sq ft), giving an estimated value of £4,978 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    495 sq ft

    46 m²

    Last Sale Price

    £185,000

    Aug 2007

    Estimated Valuation

    £229,003

    Est. £/sq ft

    £462/sq ft

    £4,978/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area495 sq ft (46 m²)
    EPC dateJun 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    7 Aug 2007

    £185,000

    4 Feb 2004

    £155,000

    4 Jul 1997

    £69,000

    Key Metrics

    Estimated valuation£229,003
    Value per sq ft / m²£462/sq ft (£4,978/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile38th percentile
    National percentile32nd 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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