31 Myrtle Grove

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

    This flat/maisonette leasehold property on Myrtle Grove last sold in February 2007 for £194,950. Based on price growth in the NE2 district since then, its estimated current value is £241,320 — placing it in the 35th percentile nationally and the 42nd percentile within NE2. The property covers 58 m² (624 sq ft), giving an estimated value of £4,161 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £194,950

    Feb 2007

    Estimated Valuation

    £241,320

    Est. £/sq ft

    £387/sq ft

    £4,161/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area624 sq ft (58 m²)
    EPC dateNov 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Feb 2007

    £194,950

    8 Oct 2004

    £201,000

    24 Jan 1997

    £58,250

    Key Metrics

    Estimated valuation£241,320
    Value per sq ft / m²£387/sq ft (£4,161/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile42nd percentile
    National percentile35th 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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