41 Grosvenor Avenue

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

    This flat/maisonette leasehold property on Grosvenor Avenue last sold in May 2017 for £130,000. Based on price growth in the NE2 district since then, its estimated current value is £162,535 — placing it in the 15th percentile nationally and the 14th percentile within NE2. The property covers 55 m² (592 sq ft), giving an estimated value of £2,955 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £130,000

    May 2017

    Estimated Valuation

    £162,535

    Est. £/sq ft

    £275/sq ft

    £2,955/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area592 sq ft (55 m²)
    EPC dateMar 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 May 2017

    £130,000

    30 Jul 2009

    £124,999

    1 Oct 1999

    £55,000

    Key Metrics

    Estimated valuation£162,535
    Value per sq ft / m²£275/sq ft (£2,955/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile14th percentile
    National percentile15th 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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