49 Grosvenor Avenue

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

    This semi-detached freehold property on Grosvenor Avenue last sold in June 2020 for £450,000. Based on price growth in the NE2 district since then, its estimated current value is £598,486 — placing it in the 86th percentile nationally and the 85th percentile within NE2. The property covers 136 m² (1,464 sq ft), giving an estimated value of £4,401 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,464 sq ft

    136 m²

    Last Sale Price

    £450,000

    Jun 2020

    Estimated Valuation

    £598,486

    Est. £/sq ft

    £409/sq ft

    £4,401/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,464 sq ft (136 m²)
    EPC dateAug 2013
    WallsSystem built, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Jun 2020

    £450,000

    13 Dec 2013

    £365,000

    Key Metrics

    Estimated valuation£598,486
    Value per sq ft / m²£409/sq ft (£4,401/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile85th percentile
    National percentile86th 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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