40 Grosvenor Way

    40, GROSVENOR WAY, NEWCASTLE UPON TYNE, NE5 1RZ

    This detached leasehold property on Grosvenor Way last sold in June 2016 for £227,000. Based on price growth in the NE5 district since then, its estimated current value is £345,489 — placing it in the 58th percentile nationally and the 92nd percentile within NE5. The property covers 119 m² (1,281 sq ft), giving an estimated value of £2,903 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    1,281 sq ft

    119 m²

    Last Sale Price

    £227,000

    Jun 2016

    Estimated Valuation

    £345,489

    Est. £/sq ft

    £270/sq ft

    £2,903/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageE
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,281 sq ft (119 m²)
    EPC dateOct 2015
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Jun 2016

    £227,000

    14 Sept 2001

    £120,000

    17 Feb 1999

    £93,500

    Key Metrics

    Estimated valuation£345,489
    Value per sq ft / m²£270/sq ft (£2,903/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile92nd percentile
    National percentile58th percentile

    District Context — NE5

    NE5 covers areas in the west of Newcastle upon Tyne, sitting within the broader North East region. It is a mixed residential community with a diverse socioeconomic profile.

    Average Property Price - NE5

    £200,588

    12

    National percentile

    Average Net Household Income - NE5

    £34,218

    27

    National percentile

    10-Year Annualised Price Growth - NE5

    4.8%

    85

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE5

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