16 Grosvenor Avenue

    16, GROSVENOR AVENUE, JESMOND, NEWCASTLE UPON TYNE, NE2 2NN

    This semi-detached freehold property on Grosvenor Avenue last sold in February 2018 for £357,000. Based on price growth in the NE2 district since then, its estimated current value is £583,754 — placing it in the 85th percentile nationally and the 84th percentile within NE2. The property covers 141 m² (1,518 sq ft), giving an estimated value of £4,140 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,518 sq ft

    141 m²

    Last Sale Price

    £357,000

    Feb 2018

    Estimated Valuation

    £583,754

    Est. £/sq ft

    £385/sq ft

    £4,140/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,518 sq ft (141 m²)
    EPC dateOct 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Feb 2018

    £357,000

    Key Metrics

    Estimated valuation£583,754
    Value per sq ft / m²£385/sq ft (£4,140/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile84th percentile
    National percentile85th 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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