40 Grosvenor Avenue

    40, GROSVENOR AVENUE, JESMOND, NEWCASTLE UPON TYNE, NE2 2NP

    This semi-detached freehold property on Grosvenor Avenue last sold in November 2012 for £280,000. Based on price growth in the NE2 district since then, its estimated current value is £558,712 — placing it in the 83rd percentile nationally and the 83rd percentile within NE2. The property covers 135 m² (1,453 sq ft), giving an estimated value of £4,139 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,453 sq ft

    135 m²

    Last Sale Price

    £280,000

    Nov 2012

    Estimated Valuation

    £558,712

    Est. £/sq ft

    £385/sq ft

    £4,139/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,453 sq ft (135 m²)
    EPC dateFeb 2026
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Nov 2012

    £280,000

    24 Feb 2003

    £240,000

    30 Aug 2002

    £175,000

    Key Metrics

    Estimated valuation£558,712
    Value per sq ft / m²£385/sq ft (£4,139/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile83rd percentile
    National percentile83rd 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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