Flat 1 34 Grosvenor Place

    FLAT 1 34, GROSVENOR PLACE, NEWCASTLE UPON TYNE, NE2 2RE

    This flat/maisonette leasehold property on Grosvenor Place last sold in October 2012 for £212,500. Based on price growth in the NE2 district since then, its estimated current value is £295,113 — placing it in the 48th percentile nationally and the 53rd percentile within NE2. The property covers 79 m² (850 sq ft), giving an estimated value of £3,736 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    850 sq ft

    79 m²

    Last Sale Price

    £212,500

    Oct 2012

    Estimated Valuation

    £295,113

    Est. £/sq ft

    £347/sq ft

    £3,736/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area850 sq ft (79 m²)
    EPC dateSept 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Oct 2012

    £212,500

    15 May 2008

    £226,000

    5 May 2005

    £147,500

    Key Metrics

    Estimated valuation£295,113
    Value per sq ft / m²£347/sq ft (£3,736/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile53rd percentile
    National percentile48th 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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