22 Orchard Place

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

    This flat/maisonette leasehold property on Orchard Place last sold in August 2006 for £179,000. Based on price growth in the NE2 district since then, its estimated current value is £235,692 — placing it in the 34th percentile nationally and the 41st percentile within NE2. The property covers 86 m² (926 sq ft), giving an estimated value of £2,741 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    926 sq ft

    86 m²

    Last Sale Price

    £179,000

    Aug 2006

    Estimated Valuation

    £235,692

    Est. £/sq ft

    £255/sq ft

    £2,741/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area926 sq ft (86 m²)
    EPC dateOct 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    11 Aug 2006

    £179,000

    22 Aug 2003

    £160,000

    11 Dec 1996

    £69,950

    Key Metrics

    Estimated valuation£235,692
    Value per sq ft / m²£255/sq ft (£2,741/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile41st percentile
    National percentile34th 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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