22, Rectory Grove
22, Rectory Grove
Description & Estimates
22, Rectory Grove, Newcastle Upon Tyne appears in the public record as a freehold house sitting on a 319 m2 plot.
By comparing it to nearby properties, we estimate it to be an early-century house with 1,087 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 22, Rectory Grove, Newcastle Upon Tyne is £442,160 and its rental estimate is £1,793 per month, given the available information and assuming reasonable condition.
Rectory Grove, Newcastle Upon Tyne, NE3 falls within the NE3 postal district, in the borough of Newcastle upon Tyne.
Our Data Sources
22, Rectory Grove, Newcastle Upon Tyne has 31 entries in the Land Registry , most recently in November 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 22, Rectory Grove, Newcastle Upon Tyne, we estimate a market value of £464,268 and a rental value of £1,882 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £411,209 and £1,667 per month respectively.
Recent Market Change
Over the last year, 22, Rectory Grove, Newcastle Upon Tyne has seen its estimated sale value increase by £6,927 (1.6%) and its estimated rental value grow by £68 per month (3.8%). This results in an estimated gross rental yield of 4.9%.
Plot Size
HM Land Registry records the plot of land for 22, Rectory Grove, Newcastle Upon Tyne as measuring 319 m2.
That makes it the 5th largest plot in the postcode, where 35 of the 36 other houses have recorded plot data.
Sold Prices
The most recent sale of 22, Rectory Grove, Newcastle Upon Tyne completed on 29th November 2007 at £249,950 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 24.2% over the period since November 2007.
- Sold Nov 2007£249,950
- Sold Mar 2000£120,750
- Sold Feb 1996£88,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 22, Rectory Grove, Newcastle Upon Tyne have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th July 2023, was 51, Moor Road North, Newcastle Upon Tyne, NE3 1RJ, a leasehold house which sold for £387,500.
Read more about house prices in NE3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 36 addresses on Rectory Grove, Newcastle Upon Tyne, NE3, 22, Rectory Grove, Newcastle Upon Tyne comes out as the 34th largest and the 31st most expensive in our analysis of the public data.
It is also £149k more expensive than the average property across the NE3 district.
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Schools Nearby
- 500mArchbishop Runcie CofE First School
- 600mSouth Gosforth First School
- 700mArchibald First School
- 1.0kmGosforth Academy
- 1.3kmSt Mary's Catholic School
- 2.1kmJesmond Park Academy
More reading links
Public Transport Nearby
From 22, Rectory Grove, Newcastle Upon Tyne, the nearest station is Manors, 3.8 kilometres away.
- 3.8kmManors
- 4.2kmNewcastle
- 6.2kmMetroCentre
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
