5, The Grove
5, The Grove
Description & Estimates
According to the public record, 5, The Grove, Newcastle Upon Tyne is a period freehold house with 2,949 ft2 of internal area and sits on a 648 m2 plot.
Houses of this size in this area normally have 6 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, The Grove, Newcastle Upon Tyne is £1,161,333 and the estimated rental value is £4,147 per month.
The Grove, Gosforth, Newcastle Upon Tyne, NE3 is located in the borough of Newcastle upon Tyne within the NE3 postal district.
Our Data Sources
5, The Grove, Newcastle Upon Tyne has a single entry in the Land Registry from April 2013 and a single entry in the EPC database dated May 2012.
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 5, The Grove, Newcastle Upon Tyne is in very good condition we estimate a sale value of £1,219,400 and a rental value of £4,354 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,080,040 and a rental value of £3,857 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 5, The Grove, Newcastle Upon Tyne has decreased by £3,476 (0.3%), while its estimated rental value has grown by £73 per month (1.8%). Based on current estimates, the property offers a gross rental yield of 4.3%.
Plot Size
According to data from HM Land Registry, 5, The Grove, Newcastle Upon Tyne sits on a plot of 648 m2.
We have plot size data on 20 out of 20 other houses in the postcode and 5, The Grove, Newcastle Upon Tyne sits on the 10th largest plot.
Energy Efficiency
5, The Grove, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 May 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas, Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 5, The Grove, Newcastle Upon Tyne was last sold on 4th April 2013 for £754,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2013, the market for similar properties has dropped by 6.9%.
- Sold Apr 2013£754,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, The Grove, Newcastle Upon Tyne within a radius of 560 metres over the last 2 years.
The most recent example is 17, The Grove, Newcastle Upon Tyne, NE3 1NE, a freehold house which sold for £852,000 on the 30th November 2016.
Read more about house prices in NE3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
The Grove, Gosforth, Newcastle Upon Tyne, NE3 has a total of 125 addresses. According to our analysis of all the public data, 5, The Grove, Newcastle Upon Tyne is the 19th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £868k more expensive than the average property in NE3.
More reading links
Schools Nearby
- 500mSouth Gosforth First School
- 700mArchibald First School
- 900mArchbishop Runcie CofE First School
- 1.3kmGosforth Academy
- 1.6kmSt Mary's Catholic School
- 2.0kmJesmond Park Academy
More reading links
Public Transport Nearby
The closest station to 5, The Grove, Newcastle Upon Tyne is Manors station, which is 3.4 kilometres away.
- 3.4kmManors
- 3.8kmNewcastle
- 5.7kmMetroCentre
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.
