Flat 3, 29 Grosvenor Place, Newcastle Upon Tyne, NE2 2RD is a leasehold flat built between 1900-1929. The property offers approximately 258 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £70,362 , which equates to approximately £272 per square foot. It was last sold on 14 Sep 2007 for £65,000. Since then, the value has increased by £5,362, representing a 8.2% increase, or approximately 0.5% per year.

The current estimated value of £70,362 is:

  • 81.7% lower than the average property price on Grosvenor Place
  • 80.2% lower than the average in the NE2 2RD postcode area
  • and 73.5% 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 7 August 2022, the property was recorded as rented.

View sold house prices in NE2 2RD

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
258 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£70,362
Price Per sq ft (estimate)
£272
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 3, 29 Grosvenor Place, Newcastle Upon Tyne, Tyne And Wear, NE2 2RD has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 7 Aug 2022.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 13 Apr 2012, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 28.8%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water system changed from electric immersion, standard tariff to electric immersion, off-peak, with no change in energy efficiency (very poor).
  • The roof construction or insulation changed from pitched, insulated at rafters to pitched, no insulation (assumed), changing energy efficiency from good to very poor.
  • The wall construction or insulation changed from solid brick, as built, insulated (assumed) to solid brick, as built, no insulation (assumed), changing energy efficiency from good to very poor.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE2 2RD

18 th / 19
Price Rank
80% lower than average
14 th / 15
Size Rank
82% smaller than average
4 th / 15
Price Per Sq FT Rank
10% higher than average

Compared to other properties in NE2 2RD , this flat's estimated value ranks 18th out of 19. Based on price per square foot, it ranks 4th out of 15 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 14th out of 15 properties in its postcode area.

Sale History

Today
£70,362
streetscan.co.uk estimate
+8 %
14 Sep 2007
£65,000
Leasehold

Area Insights

Nearby Properties

rooms: 3
size: 592 sq ft
sale price: £135,000
sale date: 14 Sep 2007
rooms: 2
size: 409 sq ft
sale price: £95,000
sale date: 14 Sep 2007
rooms: 3
size: 657 sq ft
sale price: £130,000
sale date: 14 Sep 2007
rooms: 1
size: 215 sq ft
sale price: £65,000
sale date: 14 Sep 2007
rooms: 3
size: 710 sq ft
sale price: £135,000
sale date: 14 Sep 2007

Data Sources

The property at Flat 3, 29 Grosvenor Place, Newcastle Upon Tyne, Tyne And Wear, NE2 2RD appears once in the Land Registry records, with the transaction recorded on 14 Sep 2007. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Aug 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.


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