5 Orchard Place

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

    This flat/maisonette leasehold property on Orchard Place last sold in September 2011 for £130,000. Based on price growth in the NE2 district since then, its estimated current value is £188,775 — placing it in the 22nd percentile nationally and the 24th percentile within NE2. The property covers 56 m² (603 sq ft), giving an estimated value of £3,371 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £130,000

    Sept 2011

    Estimated Valuation

    £188,775

    Est. £/sq ft

    £313/sq ft

    £3,371/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area603 sq ft (56 m²)
    EPC dateNov 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    29 Sept 2011

    £130,000

    4 May 2004

    £130,000

    31 Aug 2001

    £74,000

    Key Metrics

    Estimated valuation£188,775
    Value per sq ft / m²£313/sq ft (£3,371/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile24th percentile
    National percentile22nd 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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