16, Orchard Place
16, Orchard Place
Description & Estimates
According to the public record, 16, Orchard Place, Newcastle Upon Tyne is a modern leasehold apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Orchard Place, Newcastle Upon Tyne is £152,868 and the estimated rental value is £1,110 per month.
Orchard Place, Newcastle Upon Tyne, NE2 is located in the borough of Newcastle upon Tyne within the NE2 postal district.
Our Data Sources
16, Orchard Place, Newcastle Upon Tyne has 41 entries in the Land Registry , most recently in August 2023 and a single entry in the EPC database dated September 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 16, Orchard Place, Newcastle Upon Tyne is in very good condition we estimate a sale value of £160,511 and a rental value of £1,165 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £142,167 and a rental value of £1,032 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 16, Orchard Place, Newcastle Upon Tyne has climbed by £55 (0.0%), while its estimated rental value has risen by £22 per month (2.0%). Based on current estimates, the property offers a gross rental yield of 8.7%.
Energy Efficiency
16, Orchard Place, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Sep 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, 16, Orchard Place, Newcastle Upon Tyne was last sold on 11th August 2023 for £147,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since August 2023, the market for similar properties has dropped by 13.4%.
- Sold Aug 2023£147,000
- Sold Feb 2015£140,000
- Sold Jun 2011£126,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Orchard Place, Newcastle Upon Tyne within a radius of 450 metres over the last 2 years.
The most recent example is 2, Orchard Place, Newcastle Upon Tyne, NE2 2DE, a leasehold flat which sold for £161,000 on the 20th September 2023.
Read more about house prices in NE2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Orchard Place, Newcastle Upon Tyne, NE2 has a total of 20 addresses. According to our analysis of all the public data, 16, Orchard Place, Newcastle Upon Tyne is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £110k less expensive than the average property in NE2.
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Schools Nearby
- 600mSt Catherine's Catholic Primary School
- 800mWest Jesmond Primary School
- 1.1kmSt Teresa's Catholic Primary School, Heaton
- 800mJesmond Park Academy
- 2.0kmSt Mary's Catholic School
- 2.4kmBenfield School
More reading links
Public Transport Nearby
The closest station to 16, Orchard Place, Newcastle Upon Tyne is Manors station, which is 1.9 kilometres away.
- 1.9kmManors
- 2.7kmNewcastle
- 5.0kmHeworth
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
