42 Grosvenor Place

    42, GROSVENOR PLACE, NEWCASTLE UPON TYNE, NE2 2RE

    This terraced freehold property on Grosvenor Place last sold in July 2015 for £450,000. Based on price growth in the NE2 district since then, its estimated current value is £554,088 — placing it in the 83rd percentile nationally and the 82nd percentile within NE2. The property covers 254 m² (2,734 sq ft), giving an estimated value of £2,181 per m². The EPC rating is E, with a potential rating of D.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    2,734 sq ft

    254 m²

    Last Sale Price

    £450,000

    Jul 2015

    Estimated Valuation

    £554,088

    Est. £/sq ft

    £203/sq ft

    £2,181/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms9
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialD
    Floor area2,734 sq ft (254 m²)
    EPC dateJan 2015
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Jul 2015

    £450,000

    Key Metrics

    Estimated valuation£554,088
    Value per sq ft / m²£203/sq ft (£2,181/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile82nd 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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