Flat 3 24 The Grove

    FLAT 3 24, THE GROVE, GOSFORTH, NEWCASTLE UPON TYNE, NE3 1NE

    This flat/maisonette leasehold property on The Grove last sold in June 2001 for £134,000. Based on price growth in the NE3 district since then, its estimated current value is £301,880 — placing it in the 50th percentile nationally and the 56th percentile within NE3. The property covers 110 m² (1,184 sq ft), giving an estimated value of £2,744 per m². The EPC rating is E, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,184 sq ft

    110 m²

    Last Sale Price

    £134,000

    Jun 2001

    Estimated Valuation

    £301,880

    Est. £/sq ft

    £255/sq ft

    £2,744/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialD
    Floor area1,184 sq ft (110 m²)
    EPC dateMay 2025
    WallsTimber frame, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Jun 2001

    £134,000

    6 Apr 1999

    £140,000

    Key Metrics

    Estimated valuation£301,880
    Value per sq ft / m²£255/sq ft (£2,744/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile56th percentile
    National percentile50th 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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