15, Elder Grove
15, Elder Grove
Description & Estimates
Public records show 15, Elder Grove, Newcastle Upon Tyne to be a modern freehold house with 775 ft2 of internal area, sitting on a 155 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
15, Elder Grove, Newcastle Upon Tyne has an estimated sale value of £181,841 and an estimated rental value of £1,213 per month, assuming reasonable condition and based on the information available.
Elder Grove, Newcastle Upon Tyne, NE5 lies in the borough of Newcastle upon Tyne, within the NE5 postal district.
Our Data Sources
15, Elder Grove, Newcastle Upon Tyne has a single entry in the Land Registry from May 2019 and a single entry in the EPC database dated March 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 15, Elder Grove, Newcastle Upon Tyne would be worth £190,934, with a potential rental value of £1,274 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £169,113, with a rental value of £1,128 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 15, Elder Grove, Newcastle Upon Tyne has climbed by £2,323 (1.3%) over the last year. During the same period, its estimated monthly rental value has risen by £41 (3.4%). The property's estimated gross yield is currently 8.0%.
Plot Size
15, Elder Grove, Newcastle Upon Tyne occupies a 155 m2 plot as recorded by HM Land Registry.
All 20 other houses in this postcode have recorded plot sizes, and this one ranks as the 5th largest.
Energy Efficiency
15, Elder Grove, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Mar 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
15, Elder Grove, Newcastle Upon Tyne last changed hands on 31st May 2019, selling for £159,995. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 23.4% since May 2019.
- Sold May 2019£159,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 490 metres of 15, Elder Grove, Newcastle Upon Tyne across the last 2 years.
Most recently, 2, Elder Grove, Newcastle Upon Tyne, NE5 3QX, a freehold house, sold at £190,000 on the 20th December 2024.
Read more about house prices in NE5.
- Sold Dec 2024£190,000 | 3 Bed House2, Elder Grove, Newcastle Upon Tyne, NE5 3QX2, Elder Grove, Newcastle Upon Tyne, NE5 3QX
- Sold Dec 2023£175,000 | 3 Bed House3, Elder Grove, Newcastle Upon Tyne, NE5 3QX3, Elder Grove, Newcastle Upon Tyne, NE5 3QX
- Sold Nov 2023£186,000 | 3 Bed House12, Elder Grove, Newcastle Upon Tyne, NE5 3QX12, Elder Grove, Newcastle Upon Tyne, NE5 3QX
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 15, Elder Grove, Newcastle Upon Tyne as the 8th largest and the 8th most expensive of the 20 addresses on Elder Grove, Newcastle Upon Tyne, NE5.
Against the NE5 postcode district average, it is £23k more expensive than the typical property.
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Schools Nearby
- 500mThomas Walling Primary Academy
- 700mHilton Primary Academy
- 900mEnglish Martyrs' Catholic Primary School, Fenham
- 1.1kmKenton School
- 1.6kmSacred Heart Catholic High School
- 2.0kmSt Cuthbert's High School
More reading links
Public Transport Nearby
MetroCentre station is the nearest stop to 15, Elder Grove, Newcastle Upon Tyne at 4.1 kilometres away.
- 4.1kmMetroCentre
- 4.4kmNewcastle
- 4.5kmBlaydon
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
