4 Grove House The Grove

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

    This flat/maisonette leasehold property on The Grove last sold in February 2017 for £405,000. Based on price growth in the NE3 district since then, its estimated current value is £468,236 — placing it in the 76th percentile nationally and the 82nd percentile within NE3. The property covers 131 m² (1,410 sq ft), giving an estimated value of £3,574 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,410 sq ft

    131 m²

    Last Sale Price

    £405,000

    Feb 2017

    Estimated Valuation

    £468,236

    Est. £/sq ft

    £332/sq ft

    £3,574/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,410 sq ft (131 m²)
    EPC dateNov 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Feb 2017

    £405,000

    20 Jul 1999

    £150,000

    Key Metrics

    Estimated valuation£468,236
    Value per sq ft / m²£332/sq ft (£3,574/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile82nd percentile
    National percentile76th 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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