40 Belle Grove West

    40, BELLE GROVE WEST, NEWCASTLE UPON TYNE, NE2 4LU

    This flat/maisonette leasehold property on Belle Grove West last sold in October 2024 for £117,000. Based on price growth in the NE2 district since then, its estimated current value is £128,339 — placing it in the 8th percentile nationally and the 5th percentile within NE2. The property covers 51 m² (549 sq ft), giving an estimated value of £2,516 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    549 sq ft

    51 m²

    Last Sale Price

    £117,000

    Oct 2024

    Estimated Valuation

    £128,339

    Est. £/sq ft

    £234/sq ft

    £2,516/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 area549 sq ft (51 m²)
    EPC dateMay 2021
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Oct 2024

    £117,000

    Key Metrics

    Estimated valuation£128,339
    Value per sq ft / m²£234/sq ft (£2,516/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile5th percentile
    National percentile8th 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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