28 Orchard Place

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

    This flat/maisonette leasehold property on Orchard Place last sold in September 2018 for £185,000. Based on price growth in the NE2 district since then, its estimated current value is £233,769 — placing it in the 33rd percentile nationally and the 40th percentile within NE2. The property covers 51 m² (549 sq ft), giving an estimated value of £4,584 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    549 sq ft

    51 m²

    Last Sale Price

    £185,000

    Sept 2018

    Estimated Valuation

    £233,769

    Est. £/sq ft

    £426/sq ft

    £4,584/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area549 sq ft (51 m²)
    EPC dateNov 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    13 Sept 2018

    £185,000

    6 Oct 2010

    £180,000

    20 Jun 2007

    £175,000

    19 Apr 2004

    £145,000

    25 Mar 2002

    £125,000

    21 Jan 2000

    £83,000

    20 Dec 1996

    £66,000

    Key Metrics

    Estimated valuation£233,769
    Value per sq ft / m²£426/sq ft (£4,584/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile40th percentile
    National percentile33rd 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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