Flat 2 24 The Grove

    FLAT 2 24, THE GROVE, GOSFORTH, NEWCASTLE UPON TYNE, NE3 1NE

    This flat/maisonette leasehold property on The Grove last sold in October 2022 for £640,000. Based on price growth in the NE3 district since then, its estimated current value is £704,027 — placing it in the 90th percentile nationally and the 93rd percentile within NE3. The property covers 151 m² (1,625 sq ft), giving an estimated value of £4,662 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,625 sq ft

    151 m²

    Last Sale Price

    £640,000

    Oct 2022

    Estimated Valuation

    £704,027

    Est. £/sq ft

    £433/sq ft

    £4,662/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,625 sq ft (151 m²)
    EPC dateJun 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Oct 2022

    £640,000

    13 Dec 2012

    £450,000

    5 Apr 2004

    £387,500

    30 Oct 1998

    £187,000

    Key Metrics

    Estimated valuation£704,027
    Value per sq ft / m²£433/sq ft (£4,662/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile93rd percentile
    National percentile90th percentile

    District Context — NE3

    NE3 covers suburbs and outlying areas in the northeast of Newcastle, extending into surrounding residential neighbourhoods. It is a relatively stable, family-oriented district with a mix of established housing stock and leafy character.

    Average Property Price - NE3

    £315,221

    47

    National percentile

    Average Net Household Income - NE3

    £42,222

    67

    National percentile

    10-Year Annualised Price Growth - NE3

    3.2%

    34

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE3

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