Flat 2, 24
Flat 2, 24
Description & Estimates
Public records show Flat 2, 24, The Grove, Newcastle Upon Tyne to be a period leasehold apartment with 1,625 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Flat 2, 24, The Grove, Newcastle Upon Tyne has an estimated sale value of £633,746 and an estimated rental value of £2,485 per month, assuming reasonable condition and based on the information available.
The apartment sits within 24, The Grove, Gosforth, Newcastle Upon Tyne, NE3.
The Grove, Gosforth, Newcastle Upon Tyne, NE3 lies in the borough of Newcastle upon Tyne, within the NE3 postal district.
Our Data Sources
Flat 2, 24, The Grove, Newcastle Upon Tyne has 41 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated June 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Flat 2, 24, The Grove, Newcastle Upon Tyne would be worth £665,433, with a potential rental value of £2,610 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £589,384, with a rental value of £2,311 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 Flat 2, 24, The Grove, Newcastle Upon Tyne has decreased by £2,156 (0.3%) over the last year. During the same period, its estimated monthly rental value has grown by £45 (1.8%). The property's estimated gross yield is currently 4.7%.
Energy Efficiency
Flat 2, 24, The Grove, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Jun 2022.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 2, 24, The Grove, Newcastle Upon Tyne last changed hands on 10th October 2022, selling for £640,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has dropped by 42.4% since October 2022.
- Sold Oct 2022£640,000
- Sold Dec 2012£450,000
- Sold Apr 2004£387,500
Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales within 560 metres of Flat 2, 24, The Grove, Newcastle Upon Tyne across the last 2 years.
Most recently, Flat 1, 24, The Grove, Newcastle Upon Tyne, NE3 1NE, a leasehold flat, sold at £559,000 on the 8th January 2025.
Read more about house prices in NE3.
- Sold Jan 2025£559,000 | 3 Bed Flat24, The GroveFlat 1, 24, The Grove, Newcastle Upon Tyne, NE3 1NE
- Sold Mar 2018£280,000 | 3 Bed FlatSaville House 28, The GroveFlat 3, Saville House 28, The Grove, Newcastle Upon Tyne, NE3 1NE
- Sold Jan 2015£1,300,000 | 6 Bed HouseThe Grove22, The Grove, Newcastle Upon Tyne, NE3 1NE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 2, 24, The Grove, Newcastle Upon Tyne as the 51st largest and the 52nd most expensive of the 125 addresses on The Grove, Gosforth, Newcastle Upon Tyne, NE3.
Against the NE3 postcode district average, it is £341k more expensive than the typical property.
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
Manors station is the nearest stop to Flat 2, 24, The Grove, Newcastle Upon Tyne at 3.4 kilometres away.
- 3.4kmManors
- 3.8kmNewcastle
- 5.7kmMetroCentre
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
