Our Data Sources
2, Loraine Terrace, Newcastle Upon Tyne has a single entry in the Land Registry from October 2018 and a single entry in the EPC database dated June 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 2, Loraine Terrace, Newcastle Upon Tyne would be worth £211,955, with a potential rental value of £1,184 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £187,731, with a rental value of £1,049 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Plot Size
2, Loraine Terrace, Newcastle Upon Tyne occupies a 139 m2 plot as recorded by HM Land Registry.
Of the 15 other houses in this postcode, 14 have recorded plot sizes, and this one ranks as the 9th largest.
Energy Efficiency
2, Loraine Terrace, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Jun 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
2, Loraine Terrace, Newcastle Upon Tyne last changed hands on 11th October 2018, selling for £145,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 124.9% since October 2018.
- Sold Oct 2018£145,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 4 sales of comparable properties within 690 metres of 2, Loraine Terrace, Newcastle Upon Tyne across the last 2 years.
Most recently, 35, Union Hall Road, Newcastle Upon Tyne, NE15 8AB, a freehold house, sold at £195,000 on the 29th October 2024.
Read more about house prices in NE15.
- Sold Oct 2024£195,000 | 5 Bed House35, Union Hall Road, Newcastle Upon Tyne, NE15 8AB35, Union Hall Road, Newcastle Upon Tyne, NE15 8AB
- Sold Jun 2017£142,000 | 5 Bed House1, Loraine Terrace, Newcastle Upon Tyne, NE15 8EA1, Loraine Terrace, Newcastle Upon Tyne, NE15 8EA
- Sold Feb 2017£124,000 | 5 Bed House16, Loraine Terrace, Newcastle Upon Tyne, NE15 8EA16, Loraine Terrace, Newcastle Upon Tyne, NE15 8EA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 2, Loraine Terrace, Newcastle Upon Tyne as the 5th largest and the 5th most expensive of the 36 addresses on Loraine Terrace, Newcastle Upon Tyne, NE15.
Against the NE15 postcode district average, it is £31k more expensive than the typical property.
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Schools Nearby
- Lemington Riverside Primary School400 m away
- St George's Catholic Primary School, Bells Close800 m away
- Waverley Primary School900 m away
- St Thomas More Catholic School, Blaydon1.8 km away
- Studio West2.2 km away
- St Cuthbert's High School2.6 km away
More reading links
Public Transport Nearby
- Blaydon|1.3 km away
- MetroCentre|3.9 km away
- Dunston|5.7 km away
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast Broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a Very Low risk of flooding.
