56 Myrtle Grove

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

    This terraced freehold property on Myrtle Grove last sold in February 2022 for £177,000. Based on price growth in the NE2 district since then, its estimated current value is £175,284 — placing it in the 18th percentile nationally and the 19th percentile within NE2. The property covers 42 m² (452 sq ft), giving an estimated value of £4,173 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    452 sq ft

    42 m²

    Last Sale Price

    £177,000

    Feb 2022

    Estimated Valuation

    £175,284

    Est. £/sq ft

    £388/sq ft

    £4,173/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area452 sq ft (42 m²)
    EPC dateSept 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Feb 2022

    £177,000

    5 Aug 2014

    £170,000

    28 Oct 2003

    £145,000

    21 Feb 2002

    £96,000

    21 Dec 2000

    £84,000

    12 Feb 1999

    £40,500

    27 Sept 1996

    £23,000

    Key Metrics

    Estimated valuation£175,284
    Value per sq ft / m²£388/sq ft (£4,173/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile19th percentile
    National percentile18th 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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