38 Myrtle Grove

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

    This flat/maisonette leasehold property on Myrtle Grove last sold in July 1995 for £43,000. Based on price growth in the NE2 district since then, its estimated current value is £185,481 — placing it in the 21st percentile nationally and the 22nd percentile within NE2. The property covers 77 m² (829 sq ft), giving an estimated value of £2,409 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    829 sq ft

    77 m²

    Last Sale Price

    £43,000

    Jul 1995

    Estimated Valuation

    £185,481

    Est. £/sq ft

    £224/sq ft

    £2,409/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area829 sq ft (77 m²)
    EPC dateJan 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Jul 1995

    £43,000

    Key Metrics

    Estimated valuation£185,481
    Value per sq ft / m²£224/sq ft (£2,409/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile22nd percentile
    National percentile21st 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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