5, Orchard Place
5, Orchard Place
Description & Estimates
Public records show 5, Orchard Place, Newcastle Upon Tyne to be a modern leasehold apartment with 602 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
5, Orchard Place, Newcastle Upon Tyne has an estimated sale value of £154,187 and an estimated rental value of £1,115 per month, assuming reasonable condition and based on the information available.
Orchard Place, Newcastle Upon Tyne, NE2 lies in the borough of Newcastle upon Tyne, within the NE2 postal district.
Our Data Sources
5, Orchard Place, Newcastle Upon Tyne has 31 entries in the Land Registry , most recently in September 2011 and a single entry in the EPC database dated November 2018.
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
In very good condition, we estimate 5, Orchard Place, Newcastle Upon Tyne would be worth £161,897, with a potential rental value of £1,170 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £143,394, with a rental value of £1,037 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 5, Orchard Place, Newcastle Upon Tyne has risen by £56 (0.0%) over the last year. During the same period, its estimated monthly rental value has moved up by £22 (2.0%). The property's estimated gross yield is currently 8.7%.
Energy Efficiency
5, Orchard Place, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Nov 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
5, Orchard Place, Newcastle Upon Tyne last changed hands on 29th September 2011, selling for £130,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 5.7% since September 2011.
- Sold Sep 2011£130,000
- Sold May 2004£130,000
- Sold Aug 2001£74,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 440 metres of 5, Orchard Place, Newcastle Upon Tyne across the last 2 years.
Most recently, 3, Orchard Place, Newcastle Upon Tyne, NE2 2DE, a leasehold flat, sold at £145,000 on the 28th February 2024.
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
Our analysis of the public data ranks 5, Orchard Place, Newcastle Upon Tyne as the 14th largest and the 14th most expensive of the 20 addresses on Orchard Place, Newcastle Upon Tyne, NE2.
Against the NE2 postcode district average, it is £109k less expensive than the typical property.
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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
Manors station is the nearest stop to 5, Orchard Place, Newcastle Upon Tyne at 1.9 kilometres away.
- 1.9kmManors
- 2.7kmNewcastle
- 5.0kmHeworth
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
