2 Cherry Grove

    2, CHERRY GROVE, NEWCASTLE UPON TYNE, NE12 6GS

    This terraced freehold property on Cherry Grove last sold in February 2024 for £100,000. Based on price growth in the NE12 district since then, its estimated current value is £101,843 — placing it in the 4th percentile nationally and the 9th percentile within NE12. The property covers 84 m² (904 sq ft), giving an estimated value of £1,212 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    904 sq ft

    84 m²

    Last Sale Price

    £100,000

    Feb 2024

    Estimated Valuation

    £101,843

    Est. £/sq ft

    £113/sq ft

    £1,212/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area904 sq ft (84 m²)
    EPC dateMay 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Feb 2024

    £100,000

    5 May 2006

    £79,950

    2 May 1997

    £25,000

    Key Metrics

    Estimated valuation£101,843
    Value per sq ft / m²£113/sq ft (£1,212/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE12 district percentile9th percentile
    National percentile4th percentile

    District Context — NE12

    NE12 covers Whitley Bay, Tynemouth and surrounding coastal communities in North Tyneside, north of Newcastle. The area blends seaside residential appeal with established suburban neighbourhoods and a mix of family homes and rental properties.

    Average Property Price - NE12

    £216,740

    17

    National percentile

    Average Net Household Income - NE12

    £36,673

    42

    National percentile

    10-Year Annualised Price Growth - NE12

    2.9%

    25

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE12

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