31 Grosvenor Place

    31, GROSVENOR PLACE, NEWCASTLE UPON TYNE, NE2 2RD

    This terraced freehold property on Grosvenor Place last sold in February 2011 for £415,000. Based on price growth in the NE2 district since then, its estimated current value is £642,065 — placing it in the 88th percentile nationally and the 87th percentile within NE2. The property covers 101 m² (1,087 sq ft), giving an estimated value of £6,357 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,087 sq ft

    101 m²

    Last Sale Price

    £415,000

    Feb 2011

    Estimated Valuation

    £642,065

    Est. £/sq ft

    £591/sq ft

    £6,357/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,087 sq ft (101 m²)
    EPC dateFeb 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Feb 2011

    £415,000

    Key Metrics

    Estimated valuation£642,065
    Value per sq ft / m²£591/sq ft (£6,357/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile87th percentile
    National percentile88th 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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