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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Elder Grove, Newcastle Upon Tyne is a modern freehold house with 818 ft2 of internal area and sits on a 151 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Elder Grove, Newcastle Upon Tyne is £186,746 and the estimated rental value is £1,232 per month.
Elder Grove, Newcastle Upon Tyne, NE5 is located in the borough of Newcastle upon Tyne within the NE5 postal district.
2, Elder Grove, Newcastle Upon Tyne has 2 entries in the Land Registry , most recently in December 2024 and a single entry in the EPC database dated September 2024.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Elder Grove, Newcastle Upon Tyne is in very good condition we estimate a sale value of £196,084 and a rental value of £1,293 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £173,674 and a rental value of £1,145 per month.
Over the last 12 months the sale value of 2 Elder Grove Newcastle Upon Tyne has increased by an estimated £2,386 (1.3%) and its rental value has increased by an estimated £42 per month (3.4%), giving an expected gross yield of 7.9%.
According to data from HM Land Registry, 2, Elder Grove, Newcastle Upon Tyne sits on a plot of 151m2.
We have plot size data on 20 out of 20 other houses in the postcode and 2, Elder Grove, Newcastle Upon Tyne sits on the 9th largest plot.
2, Elder Grove, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Sep 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Elder Grove, Newcastle Upon Tyne was last sold on 20th December 2024 for £190,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2024, the market for similar properties has dropped 0.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Elder Grove, Newcastle Upon Tyne within a radius of 500 metres over the last 2 years.
The most recent example is 8, Blackthorn Close, Newcastle Upon Tyne, NE5 3QY, a freehold house which sold for £175,000 on the 16th December 2024.
Read more about house prices in NE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elder Grove, Newcastle Upon Tyne, NE5 has a total of 20 addresses. According to our analysis of all the public data, 2, Elder Grove, Newcastle Upon Tyne is the 6th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £27k more expensive than the average property in NE5.
The closest station to 2, Elder Grove, Newcastle Upon Tyne is MetroCentre station which is 4.1 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Elder Grove, Newcastle Upon Tyne, % of property is and % is .
The graph below shows how this compares to North East 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 2, Elder Grove, Newcastle Upon Tyne, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to North East 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 2, Elder Grove, Newcastle Upon Tyne, 0.0% of property was a second home.
Comparison figures for North East 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 2, Elder Grove, Newcastle Upon Tyne, there are an average of 0.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
