Flat 3 Ettrick Lodge The Grove

    FLAT 3 ETTRICK LODGE, THE GROVE, GOSFORTH, NEWCASTLE UPON TYNE, NE3 1NH

    This flat/maisonette leasehold property on The Grove last sold in August 2022 for £130,000. Based on price growth in the NE3 district since then, its estimated current value is £143,006 — placing it in the 11th percentile nationally and the 14th percentile within NE3. The property covers 60 m² (646 sq ft), giving an estimated value of £2,383 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    646 sq ft

    60 m²

    Last Sale Price

    £130,000

    Aug 2022

    Estimated Valuation

    £143,006

    Est. £/sq ft

    £221/sq ft

    £2,383/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area646 sq ft (60 m²)
    EPC dateAug 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    22 Aug 2022

    £130,000

    Key Metrics

    Estimated valuation£143,006
    Value per sq ft / m²£221/sq ft (£2,383/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile14th percentile
    National percentile11th 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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