4c Belle Grove Terrace – 115 m² sold £260k

Property data

Sale history

Date	Paid price	Tenure	Annual growth	After inflation
Dec 2019	£260,000 *	Leasehold	4.4%	2.7%
Nov 2017	£237,500	Leasehold	0.2%	-1.6%
Jun 2011	£235,000	Leasehold	0.0%	-2.6%
Jan 2004	£235,000	Leasehold	29.2%	28.7%
May 2003	£195,000	Leasehold	39.9%	37.9%
Apr 2002	£135,000	Freehold	na	na

*This price paid record has been flagged by Land Registry as a 'Category B: Additional Price Paid entry'. This could be due to a variety of reasons, such as the sale being a buy-to-let purchase, a repossession or a transfer to a limited company. When Land Registry suspects that a sale does not reflect full market value (e.g. part-ownership or right to buy), these transactions can be flagged as well. For this reason, we exclude them from our area statistics.

Internal area

115 square metres (1,238 square feet) according to latest EPC inspection

Price per internal area

This property sold for £2,260 per square metre (£210 per square foot) in Dec 2019. Indexed forward to today's value, this is roughly £2,869 per square metre (£267 per square foot) .

Date	Paid price	Paid £/sqm	Today's value	Today's value £/sqm
Dec 2019	£260,000	£2,261	£329,966	£2,869
Nov 2017	£237,500	£2,065	£296,027	£2,574
Jun 2011	£235,000	£2,043	£298,954	£2,600
Jan 2004	£235,000	£2,043	£418,469	£3,639
May 2003	£195,000	£1,696	£408,177	£3,549
Apr 2002	£135,000	£1,174	£356,621	£3,101

Calculated using the latest EPC internal area of 115 m². Earlier sale dates may not have had the same measured area available.

Valuation

The most recent sale price indexed forward to today's value is £329,966. This is one data point to inform the valuation. Another method is the valuation implied by what comparable homes are selling for. Homes in Newcastle Upon Tyne are now selling for between £2,540 and £4,030 per square metre (£235 and £374 per square foot). Based on an internal area of 115 m², this implies a valuation between £292,000 and £463,000. Treat this as context only. For a valuation using hand-picked comparable sales, use the Advanced search tool — create a shortlist of similar condition homes, then export a valuation report.

Bedrooms

na

Type

Flat

Council tax band

na

Company ownership

Title number: TY386135
Tenure: Freehold
Title address: 4A, 4B, 4C Belle Grove Terrace, Spital Tongues
Owner: 4 BELLE GROVE TERRACE (MANAGEMENT) LIMITED (Company reference number: 4632122)
Proprietor address: 4C Belle Grove Terrace, Spital Tongues, Newcastle-upon-Tyne NE2 4LL
Price paid on title: £135,000
Ownership record added to Land Registry's corporate ownership dataset 30 Jul 2003

Title number: TY401731
Tenure: Leasehold/other
Title address: 4c Belle Grove Terrace, Newcastle Upon Tyne
Owner: GATEHOUSE BANK PLC (Company reference number: 6260053)
Proprietor address: The Helicon, One, South Place, London EC2M 2RB
Price paid on title: £260,000
Ownership record added to Land Registry's corporate ownership dataset 21 Jan 2020

Archived listings

History:

Archived rental listing for 4c Belle Grove Terrace. Advertised on multiple portals. It was reduced on 10/07/2015. It last appeared Jul 2015.

Photos:

There are 9 archived estate agent listing photos (taken in May 2013) for 4c Belle Grove Terrace.

View photos

Advertiser remarks:

2 bedrooms

EPC Inspections

Summary:: 18 July 2019 - energy performance certificate grade E
Reason for EPC:: Marketed sale
Tenure:: Owner-occupied
Property type:: 3rd floor flat on the top floor in an apartment block with 1 storeys , has 4 habitable rooms. Estimated year built 1900 to 1929
Area:: 115 sqm (1,238 square foot) total internal area
Comments:: Walls: Solid brick, as built, no insulation (assumed). Roof: Pitched, 200 mm loft insulation. Heating: Boiler and radiators, mains gas.

Summary:: 25 October 2008 - energy performance certificate grade D
Reason for EPC:: None
Tenure:: Private rental
Property type:: None , has 4 habitable rooms. Estimated year built before 1900
Area:: 115 sqm (1,238 square foot) total internal area
Comments:

4c, Belle Grove Terrace, NE2 4LL