24 Myrtle Grove

    24, MYRTLE GROVE, NEWCASTLE UPON TYNE, NEWCASTLE UPON TYNE, NE2 3HT

    This terraced freehold property on Myrtle Grove last sold in May 2008 for £326,000. Based on price growth in the NE2 district since then, its estimated current value is £488,995 — placing it in the 78th percentile nationally and the 77th percentile within NE2. The property covers 126 m² (1,356 sq ft), giving an estimated value of £3,881 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,356 sq ft

    126 m²

    Last Sale Price

    £326,000

    May 2008

    Estimated Valuation

    £488,995

    Est. £/sq ft

    £361/sq ft

    £3,881/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,356 sq ft (126 m²)
    EPC dateOct 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 May 2008

    £326,000

    Key Metrics

    Estimated valuation£488,995
    Value per sq ft / m²£361/sq ft (£3,881/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile77th percentile
    National percentile78th 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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