Flat 2 1 Grosvenor Villas Grosvenor Road

    FLAT 2 1 GROSVENOR VILLAS, GROSVENOR ROAD, JESMOND, NEWCASTLE UPON TYNE, NE2 2RH

    This flat/maisonette leasehold property on Grosvenor Road last sold in October 2024 for £230,000. Based on price growth in the NE2 district since then, its estimated current value is £252,291 — placing it in the 38th percentile nationally and the 45th percentile within NE2. The property covers 55 m² (592 sq ft), giving an estimated value of £4,587 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £230,000

    Oct 2024

    Estimated Valuation

    £252,291

    Est. £/sq ft

    £426/sq ft

    £4,587/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area592 sq ft (55 m²)
    EPC dateAug 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Oct 2024

    £230,000

    27 Jan 2017

    £179,000

    Key Metrics

    Estimated valuation£252,291
    Value per sq ft / m²£426/sq ft (£4,587/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile45th percentile
    National percentile38th 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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