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7 Grasmere Avenue is a residential building situated on Grasmere Avenue, Newcastle, ST5 with 2 addresses.
It ranks as the 677th largest and 662nd most expensive of the 1,649 buildings in the ST5 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 2 properties: 2 flats.
7 Grasmere Avenue is a residential building situated on Grasmere Avenue, Newcastle, ST5 with 2 addresses.
It ranks as the 677th largest and 662nd most expensive of the 1,649 buildings in the ST5 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £79,243 for 2 bedroom leasehold flats (516 ft2) to £79,904 for 2 bedroom leasehold flats (527 ft2) .
Monthly rental prices range from £612 pcm for 2 bed flats to £615 pcm for 2 bed flats.
The gross rental yield is between 9.2% and 9.3%.
The average value per square foot is £152.
The last sale in 7 Grasmere Avenue sold for £60,000 on 9th December 2011. Since then prices are up an average of 45.0%.
The current average value in the building is £79,574.
The 7 Grasmere Avenue Sales Market has increased by 34.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.2% | £79,574 |
| May 2025 | 2.3% | £77,108 |
| May 2024 | 4.3% | £75,378 |
| May 2023 | 0.9% | £72,265 |
| May 2022 | 7.4% | £71,615 |
| May 2021 | 5.2% | £66,711 |
| May 2020 | 1% | £63,426 |
| May 2019 | 2.8% | £62,825 |
| May 2018 | 1.6% | £61,124 |
| May 2017 | 1.9% | £60,163 |
| May 2016 | 2.1% | £59,036 |
| May 2015 | 1.7% | £57,840 |
| May 2014 | 2.5% | £56,887 |
| May 2013 | 0% | £55,491 |
| May 2012 | -1.2% | £55,487 |
| May 2011 | -2.6% | £56,181 |
| May 2010 | -0.5% | £57,690 |
| May 2009 | -13.9% | £57,977 |
| May 2008 | -0.7% | £67,332 |
| May 2007 | 0% | £67,823 |
The current average rental value in the building is £613.
The 7 Grasmere Avenue Rental Market has increased by 46.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.1% | £613pcm |
| May 2025 | 6.3% | £595pcm |
| May 2024 | 10.6% | £560pcm |
| May 2023 | 8% | £506pcm |
| May 2022 | 6.1% | £469pcm |
| May 2021 | 3.9% | £442pcm |
| May 2020 | 0.9% | £425pcm |
| May 2019 | 1.4% | £421pcm |
| May 2018 | -0.7% | £416pcm |
| May 2017 | 0% | £419pcm |
| May 2016 | 1.4% | £419pcm |
| May 2015 | 0.5% | £413pcm |
| May 2014 | 0.4% | £411pcm |
| May 2013 | -0.1% | £409pcm |
| May 2012 | -0.5% | £410pcm |
| May 2011 | 1.1% | £412pcm |
| May 2010 | -1.1% | £407pcm |
| May 2009 | -8.5% | £412pcm |
| May 2008 | 4.3% | £450pcm |
| May 2007 | 0% | £432pcm |
The last sale was on 9th December 2011 for £60,000 and since then the market in the area has increased by 45.0%. The building has had a total of 1 sales since 1995.
7, Grasmere Avenue, Newcastle, ST5 3HG has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 7, Grasmere Avenue, Newcastle, ST5 3HG is Stoke-on-Trent station which is 3.6 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 7, Grasmere Avenue, Newcastle, ST5 3HG, 38.9% of property is socially rented and 28.2% is privately owned outright.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 7, Grasmere Avenue, Newcastle, ST5 3HG, 26.2% of residents are recorded as possessing school level qualifications and 22.9% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 7, Grasmere Avenue, Newcastle, ST5 3HG, the average age was 42.8 and the most common age was 52.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 7, Grasmere Avenue, Newcastle, ST5 3HG, 0.0% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 7, Grasmere Avenue, Newcastle, ST5 3HG, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.