Flat 1, 3 Grosvenor Place, Newcastle Upon Tyne, NE2 2RB is a leasehold flat built between 1900-1929. The property offers approximately 880 square feet of living space. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £270,961 , which equates to approximately £307 per square foot. It was last sold on 24 Nov 2015 for £221,000. Since then, the value has increased by £49,961, representing a 22.6% increase, or approximately 2.2% per year.

The current estimated value of £270,961 is:

  • 29.4% lower than the average property price on Grosvenor Place
  • 11.5% lower than the average in the NE2 2RB postcode area
  • and 2.2% higher 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 as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 16 December 2009, the property was recorded as owner-occupied.

View sold house prices in NE2 2RB

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
880 sq ft
Tenure
Leasehold
Price (estimate)
£270,961
Price Per sq ft (estimate)
£307
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 1, 3 Grosvenor Place, Newcastle Upon Tyne, Tyne And Wear, NE2 2RB has an Energy Performance Certificate (EPC) rating of F, based on the latest assessment carried out on 16 Dec 2009.

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 29 Jul 2009, when the property was rated E. The current rating of F reflects a decline in energy efficiency of 24.5%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from good to average, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency changing from good to average, while the system remained as from main system.
  • The lighting was updated from low energy lighting in 40% of fixed outlets to no low energy lighting, with efficiency changing from average to very poor.
Heating Type
Boiler and radiators, mains gas
Average
Hot Water
From main system
Average
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to NE2 2RB

7 th / 26
Price Rank
11% lower than average
11 th / 14
Size Rank
29% smaller than average
1 st / 14
Price Per Sq FT Rank
24% higher than average

Compared to other properties in NE2 2RB , this flat's estimated value ranks 7th out of 26. Based on price per square foot, it ranks 1st out of 14 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 11th out of 14 properties in its postcode area.

Sale History

Today
£270,961
streetscan.co.uk estimate
+23 %
24 Nov 2015
£221,000
Leasehold
+19.5 %
9 Jul 2010
£185,000
Leasehold
+8.9 %
14 Dec 2009
£169,950
Leasehold
-17.9 %
29 Sep 2006
£207,000
Leasehold
+4.5 %
26 Jan 2004
£198,000
Leasehold
+344.9 %
8 Nov 1996
£44,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 904 sq ft
sale price: £215,000
sale date: 12 Sep 2024
rooms: 3
size: 904 sq ft
sale price: £185,000
sale date: 30 Sep 2021
rooms: 3
size: 840 sq ft
sale price: £116,000
sale date: 1 Oct 2012
rooms: 4
size: 915 sq ft
sale price: £221,000
sale date: 23 May 2008
rooms: 3
size: 893 sq ft
sale price: £210,000
sale date: 22 Apr 2005

Data Sources

The property at Flat 1, 3 Grosvenor Place, Newcastle Upon Tyne, NE2 2RB appears six times in the Land Registry records, with the latest transaction recorded on 24 Nov 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Dec 2009. 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.