2 Grosvenor Place, Newcastle Upon Tyne, NE2 2RB is a leasehold terraced property built between 1900-1929. The property offers approximately 840 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £181,863 , which equates to approximately £217 per square foot. It was last sold on 30 Jun 2015 for £131,000. Since then, the value has increased by £50,863, representing a 38.8% increase, or approximately 3.7% per year.

The current estimated value of £181,863 is:

  • 52.6% lower than the average property price on Grosvenor Place
  • 40.6% lower than the average in the NE2 2RB postcode area
  • and 31.4% lower than the average price for Newcastle Upon Tyne as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 4 July 2022, the property was recorded as rented.

View sold house prices in NE2 2RB

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
840 sq ft
Tenure
Leasehold
Price (estimate)
£181,863
Price Per sq ft (estimate)
£217
Bedroom Count (estimate)
2 bedrooms

EPC Summary

2 Grosvenor Place, Newcastle Upon Tyne, Tyne And Wear, NE2 2RB has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 4 Jul 2022.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 3 Jul 2012, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 24.1%.

Since the previous assessment, several changes were observed:

  • The windows were upgraded from mostly double glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in 75% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 75% of fixed outlets
Very Good

Compared to NE2 2RB

21 st / 26
Price Rank
41% lower than average
12 th / 14
Size Rank
32% smaller than average
10 th / 14
Price Per Sq FT Rank
12% lower than average

Compared to other properties in NE2 2RB , this flat's estimated value ranks 21th out of 26. Based on price per square foot, it ranks 10th out of 14 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 12th out of 14 properties in its postcode area.

Sale History

Today
£181,863
streetscan.co.uk estimate
+39 %
30 Jun 2015
£131,000
Leasehold
+12.9 %
1 Oct 2012
£116,000
Leasehold
-42 %
31 Oct 2006
£200,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 880 sq ft
sale price: £198,000
sale date: 26 Jan 2004

Data Sources

The property at 2 Grosvenor Place, Newcastle Upon Tyne, NE2 2RB appears three times in the Land Registry records, with the latest transaction recorded on 30 Jun 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 Jul 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.