23, Myrtle Grove
23, Myrtle Grove
Description & Estimates
According to the public record, 23, Myrtle Grove, Newcastle Upon Tyne is a period leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 23, Myrtle Grove, Newcastle Upon Tyne is £187,396 and the estimated rental value is £1,056 per month.
Myrtle Grove, Newcastle Upon Tyne, NE2 is located in the borough of Newcastle upon Tyne within the NE2 postal district.
Our Data Sources
23, Myrtle Grove, Newcastle Upon Tyne has a single entry in the Land Registry from April 2018 and a single entry in the EPC database dated March 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 23, Myrtle Grove, Newcastle Upon Tyne is in very good condition we estimate a sale value of £196,766 and a rental value of £1,109 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £174,278 and a rental value of £983 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 23, Myrtle Grove, Newcastle Upon Tyne has increased by £703 (0.4%), while its estimated rental value has grown by £24 per month (2.3%). Based on current estimates, the property offers a gross rental yield of 6.8%.
Energy Efficiency
23, Myrtle Grove, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Mar 2017.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 23, Myrtle Grove, Newcastle Upon Tyne was last sold on 5th April 2018 for £175,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2018, the market for similar properties has dropped by 7.3%.
- Sold Apr 2018£175,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Myrtle Grove, Newcastle Upon Tyne within a radius of 450 metres over the last 2 years.
The most recent example is 31, Myrtle Grove, Newcastle Upon Tyne, NE2 3HT, a leasehold flat which sold for £217,500 on the 3rd May 2024.
Read more about house prices in NE2.
- Sold May 2024£217,500 | 2 Bed FlatMyrtle Grove31, Myrtle Grove, Newcastle Upon Tyne, NE2 3HT
- Sold Mar 2022£200,000 | 2 Bed FlatSt. Georges Terrace69B , St. Georges Terrace, Newcastle Upon Tyne, NE2 2DL
- Sold Apr 2021£160,250 | 2 Bed FlatBrentwood Avenue37, Brentwood Avenue, Newcastle Upon Tyne, NE2 3DT
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Myrtle Grove, Newcastle Upon Tyne, NE2 has a total of 52 addresses. According to our analysis of all the public data, 23, Myrtle Grove, Newcastle Upon Tyne is the 51st largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £76k less expensive than the average property in NE2.
More reading links
Schools Nearby
- 500mWest Jesmond Primary School
- 700mSouth Gosforth First School
- 1.5kmCragside Primary School
- 1.3kmJesmond Park Academy
- 1.6kmSt Mary's Catholic School
- 2.2kmGosforth Academy
More reading links
Public Transport Nearby
The closest station to 23, Myrtle Grove, Newcastle Upon Tyne is Manors station, which is 2.5 kilometres away.
- 2.5kmManors
- 3.1kmNewcastle
- 5.4kmMetroCentre
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
