2 Grosvenor Place

    2, GROSVENOR PLACE, NEWCASTLE UPON TYNE, NE2 2RB

    This terraced leasehold property on Grosvenor Place last sold in June 2015 for £131,000. Based on price growth in the NE2 district since then, its estimated current value is £161,301 — placing it in the 15th percentile nationally and the 14th percentile within NE2. The property covers 78 m² (840 sq ft), giving an estimated value of £2,068 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    840 sq ft

    78 m²

    Last Sale Price

    £131,000

    Jun 2015

    Estimated Valuation

    £161,301

    Est. £/sq ft

    £192/sq ft

    £2,068/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area840 sq ft (78 m²)
    EPC dateJul 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Jun 2015

    £131,000

    1 Oct 2012

    £116,000

    31 Oct 2006

    £200,000

    Key Metrics

    Estimated valuation£161,301
    Value per sq ft / m²£192/sq ft (£2,068/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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