2 Grasmere Terrace

    2, GRASMERE TERRACE, NEWBIGGIN-BY-THE-SEA, NE64 6PA

    This terraced freehold property on Grasmere Terrace last sold in August 2024 for £240,000. Based on price growth in the NE64 district since then, its estimated current value is £289,857 — placing it in the 47th percentile nationally and the 93rd percentile within NE64. The property covers 118 m² (1,270 sq ft), giving an estimated value of £2,456 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    118 m²

    (1,270 sq ft)

    Last Sale Price

    £240,000

    Aug 2024

    Estimated Valuation

    £289,857

    Est. £/m²

    £2,456/m²

    £228/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area118 m² (1,270 sq ft)
    EPC dateApr 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Aug 2024

    £240,000

    19 Jun 2017

    £100,000

    Key Metrics

    Estimated valuation£289,857
    Value per m² / sq ft£2,456/m² (£228/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE64 district percentile93rd percentile
    National percentile47th percentile

    District Context — NE64

    NE64 covers Whitley Bay and surrounding areas along the North Tyneside coast, north of Newcastle. It is a long-established seaside residential district with a mix of family homes and retirement properties.

    Average Property Price - NE64

    £152,873

    3

    National percentile

    Average Net Household Income - NE64

    £30,116

    8

    National percentile

    10-Year Annualised Price Growth - NE64

    6.1%

    97

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE64

    More properties in NE64

    Explore nearby