7 Ormiston, Newcastle Upon Tyne, NE15 7XR is a leasehold terraced property built between 1950-1966. The property offers approximately 657 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £177,048 , which equates to approximately £270 per square foot. It was last sold on 13 Feb 2019 for £127,500. Since then, the value has increased by £49,548, representing a 38.9% increase, or approximately 5.7% per year.

The current estimated value of £177,048 is:

  • 1.8% lower than the average property price on Ormiston
  • 0.7% lower than the average in the NE15 7XR postcode area
  • and 40.4% lower than the average price for Newcastle Upon Tyne as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 3 September 2018, the property was recorded as owner-occupied.

View sold house prices in NE15 7XR

Building approximate location

About Property

Type
Terraced Bungalow
Built
1950-1966
Interior Size
657 sq ft
Tenure
Leasehold
Price (estimate)
£177,048
Price Per sq ft (estimate)
£270
Bedroom Count (estimate)
2 bedrooms

EPC Summary

7 Ormiston, Newcastle Upon Tyne, Tyne And Wear, NE15 7XR has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 3 Sep 2018.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 16 Apr 2009, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 15.1%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 200mm loft insulation to pitched, 200 mm loft insulation, with no change in energy efficiency (good).
  • The wall energy efficiency changing from good to average, with the construction or insulation remaining cavity wall, filled cavity.
  • The windows were upgraded from partial double glazing to fully double glazed.
  • The lighting was changed from low energy lighting in 90% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 200 mm loft insulation
Good
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE15 7XR

6 th / 11
Price Rank
1% lower than average
3 rd / 7
Size Rank
17% smaller than average
3 rd / 7
Price Per Sq FT Rank
20% higher than average

Compared to other properties in NE15 7XR , this bungalow's estimated value ranks 6th out of 11. Based on price per square foot, it ranks 3rd out of 7 properties. In terms of size, this home ranks 3rd out of 7 properties in its postcode area.

Sale History

Today
£177,048
streetscan.co.uk estimate
+39 %
13 Feb 2019
£127,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 646 sq ft
sale price: £130,000
sale date: 8 Nov 2019
rooms: 3
size: 678 sq ft
sale price: £135,000
sale date: 28 May 2010

Data Sources

The property at 7 Ormiston, Newcastle Upon Tyne, Tyne And Wear, NE15 7XR appears once in the Land Registry records, with the transaction recorded on 13 Feb 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 3 Sep 2018. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.