3 Orchard Place

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

    This flat/maisonette leasehold property on Orchard Place last sold in February 2024 for £145,000. Based on price growth in the NE2 district since then, its estimated current value is £159,053 — placing it in the 14th percentile nationally and the 13th percentile within NE2. The property covers 62 m² (667 sq ft), giving an estimated value of £2,565 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £145,000

    Feb 2024

    Estimated Valuation

    £159,053

    Est. £/sq ft

    £238/sq ft

    £2,565/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area667 sq ft (62 m²)
    EPC dateApr 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    28 Feb 2024

    £145,000

    Key Metrics

    Estimated valuation£159,053
    Value per sq ft / m²£238/sq ft (£2,565/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile13th percentile
    National percentile14th 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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