1 Grove House The Grove

    1 GROVE HOUSE, THE GROVE, GOSFORTH, NEWCASTLE UPON TYNE, NE3 1NX

    This flat/maisonette leasehold property on The Grove last sold in July 2019 for £360,000. Based on price growth in the NE3 district since then, its estimated current value is £401,253 — placing it in the 67th percentile nationally and the 74th percentile within NE3. The property covers 136 m² (1,464 sq ft), giving an estimated value of £2,950 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,464 sq ft

    136 m²

    Last Sale Price

    £360,000

    Jul 2019

    Estimated Valuation

    £401,253

    Est. £/sq ft

    £274/sq ft

    £2,950/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area1,464 sq ft (136 m²)
    EPC dateApr 2019
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Jul 2019

    £360,000

    Key Metrics

    Estimated valuation£401,253
    Value per sq ft / m²£274/sq ft (£2,950/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile74th percentile
    National percentile67th 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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