31 Grosvenor Gardens

    31, GROSVENOR GARDENS, NEWCASTLE UPON TYNE, NEWCASTLE UPON TYNE, NE2 1HQ

    This flat/maisonette leasehold property on Grosvenor Gardens last sold in October 1995 for £40,000. Based on price growth in the NE2 district since then, its estimated current value is £172,540 — placing it in the 18th percentile nationally and the 18th percentile within NE2. The property covers 91 m² (980 sq ft), giving an estimated value of £1,896 per m². The EPC rating is E, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    980 sq ft

    91 m²

    Last Sale Price

    £40,000

    Oct 1995

    Estimated Valuation

    £172,540

    Est. £/sq ft

    £176/sq ft

    £1,896/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialD
    Floor area980 sq ft (91 m²)
    EPC dateJan 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Oct 1995

    £40,000

    Key Metrics

    Estimated valuation£172,540
    Value per sq ft / m²£176/sq ft (£1,896/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile18th percentile
    National percentile18th percentile

    District Context — NE2

    NE2 covers central Newcastle upon Tyne, including the city centre and surrounding urban neighbourhoods. It is characterised by a young, student-dominated population within a vibrant urban setting with strong rental demand.

    Average Property Price - NE2

    £361,932

    59

    National percentile

    Average Net Household Income - NE2

    £28,827

    6

    National percentile

    10-Year Annualised Price Growth - NE2

    2.6%

    18

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE2

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