40 Grosvenor Gardens

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

    This flat/maisonette leasehold property on Grosvenor Gardens last sold in October 2005 for £185,000. Based on price growth in the NE2 district since then, its estimated current value is £254,079 — placing it in the 38th percentile nationally and the 46th percentile within NE2. The property covers 105 m² (1,130 sq ft), giving an estimated value of £2,420 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,130 sq ft

    105 m²

    Last Sale Price

    £185,000

    Oct 2005

    Estimated Valuation

    £254,079

    Est. £/sq ft

    £225/sq ft

    £2,420/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,130 sq ft (105 m²)
    EPC dateSept 2019
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Oct 2005

    £185,000

    24 Sept 1998

    £63,000

    21 Nov 1997

    £52,000

    Key Metrics

    Estimated valuation£254,079
    Value per sq ft / m²£225/sq ft (£2,420/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile46th percentile
    National percentile38th 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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