8 Ormiston, Newcastle Upon Tyne, NE15 7XR is a freehold flat built between 1950-1966. The property offers approximately 603 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £105,381 , which equates to approximately £175 per square foot. It was last sold on 6 Dec 2006 for £93,000. Since then, the value has increased by £12,381, representing a 13.3% increase, or approximately 0.7% per year.

The current estimated value of £105,381 is:

  • 41.5% lower than the average property price on Ormiston
  • 40.9% lower than the average in the NE15 7XR postcode area
  • and 64.5% 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 9 April 2016, the property was recorded as owner-occupied.

View sold house prices in NE15 7XR

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
603 sq ft
Tenure
Freehold
Floor level
1st floor
Price (estimate)
£105,381
Price Per sq ft (estimate)
£175
Bedroom Count (estimate)
1 bedroom

EPC Summary

8 Ormiston, Newcastle Upon Tyne, Tyne And Wear, NE15 7XR has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 9 Apr 2016.

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 7 Feb 2014. The rating of C remains the same, but the energy efficiency score improved by 7.1%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 150 mm loft insulation to pitched, 300 mm loft insulation, improving energy efficiency from good to very good.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in 33% of fixed outlets, with efficiency changing from good to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 300 mm loft insulation
Very Good
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 33% of fixed outlets
Average

Compared to NE15 7XR

10 th / 11
Price Rank
41% lower than average
5 th / 7
Size Rank
24% smaller than average
7 th / 7
Price Per Sq FT Rank
22% lower than average

Compared to other properties in NE15 7XR , this flat's estimated value ranks 10th out of 11. Based on price per square foot, it ranks 7th out of 7 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 5th out of 7 properties in its postcode area.

Sale History

Today
£105,381
streetscan.co.uk estimate
+13 %
6 Dec 2006
£93,000
Leasehold
+132.5 %
1 Feb 2002
£40,000
Leasehold
+33.3 %
30 Apr 1999
£30,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 581 sq ft
sale price: £91,500
sale date: 2 Aug 2021

Data Sources

The property at 8 Ormiston, Newcastle Upon Tyne, NE15 7XR appears three times in the Land Registry records, with the latest transaction recorded on 6 Dec 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Apr 2016. 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.