5 Grasmere Place

    5, GRASMERE PLACE, NEWCASTLE UPON TYNE, NE3 2JA

    This terraced freehold property on Grasmere Place last sold in August 2023 for £236,000. Based on price growth in the NE3 district since then, its estimated current value is £253,945 — placing it in the 38th percentile nationally and the 46th percentile within NE3. The property covers 78 m² (840 sq ft), giving an estimated value of £3,256 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    840 sq ft

    78 m²

    Last Sale Price

    £236,000

    Aug 2023

    Estimated Valuation

    £253,945

    Est. £/sq ft

    £302/sq ft

    £3,256/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area840 sq ft (78 m²)
    EPC dateApr 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Aug 2023

    £236,000

    26 Jul 2018

    £192,000

    Key Metrics

    Estimated valuation£253,945
    Value per sq ft / m²£302/sq ft (£3,256/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE3 district percentile46th percentile
    National percentile38th 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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