Flats/Maisonettes 2 sales on record

28 GREYSTOKE AVENUE

NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1PN

£165,000

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Springbank Road 0.1 miles
Shop The Corner Shop 0.1 miles
Train station Jesmond 0.5 miles
University Northumbria University Coach Lane Campus 1.8 miles
Hospital Priory Day Hospital 5.8 miles

Property details

Tenure

Leasehold

Property type

Flat

Bedrooms

1

Bathrooms

1

Floor area

65 m²

EPC rating

D

Year built

England and Wales: 1900-1929

Last sold

£165,000 Apr 2026

Price per m²

£2,538/m²

Local average

£251,339 (53 sales)

Street crime

864 incidents within 1 mile (Jul 2026)

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: C

Inspection date: 03/12/2025

Expiry date: 02/12/2035

Current heating cost: £726/year

Potential heating cost: £454/year

Est. upgrade cost to C: £19,785

Recommendations

  • 50 mm internal or external wall insulation (£7,500 - £11,000)
  • Floor insulation (suspended floor) (£5,000 - £10,000)
  • Increase hot water cylinder insulation (£20 - £40)
  • Hot water cylinder thermostat (£130 - £180)
  • Replace boiler with new condensing boiler (£2,200 - £3,500)

View full EPC on gov.uk

Price history

Event Date Price Type % change Today’s value (HPI) Action
Sold 20/04/2026 £165,000 Flat +34.7% £165,463 to June 2026 View transaction
Sold 13/12/2012 £122,500 Flat £173,866 to June 2026 View transaction

Historic listings

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address Price Date Type
68 DENESIDE COURT, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1JW £155,000 19/12/2025 Flat
23 DENESIDE COURT, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1EZ £135,000 10/12/2025 Flat
25 DENESIDE COURT, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1EZ £125,000 21/11/2025 Flat
69 SPRINGBANK ROAD, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1PD £180,000 14/11/2025 Flat
8 DENESIDE COURT, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1EZ £112,500 14/11/2025 Flat
197 HELMSLEY ROAD, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1RD £185,000 31/10/2025 Flat
1 DENESIDE COURT, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1EZ £127,000 28/07/2025 Flat
45 DENESIDE COURT, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1JW £146,000 11/07/2025 Flat
63 HIGH PARK, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1PT £100,000 12/03/2025 Flat
31 BRANDON GROVE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1PA £165,000 13/02/2025 Flat
42 MOUNTWOOD, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1PY £125,500 19/12/2023 Flat
12 SANDYFORD PARK, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1TA £66,000 07/12/2023 Flat
76 BROAD ASH, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1PZ £138,500 04/12/2023 Flat
170 DONCASTER ROAD, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1RB £142,500 29/11/2023 Flat
10 GOLDSPINK LANE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1NQ £150,000 08/11/2023 Flat
8 GOLDSPINK LANE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1NQ £155,000 08/11/2023 Flat
14 DENESIDE COURT, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1EZ £110,000 03/11/2023 Flat
14 SANDYFORD PARK, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1TA £113,000 30/10/2023 Flat
209 HELMSLEY ROAD, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1RD £208,000 27/10/2023 Flat
83 SPRINGBANK ROAD, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1PD £138,500 20/10/2023 Flat

Area average: £138,875 (20 sales)

For sale comparables

No active for-sale comparables found within 1 mile for the same bedrooms and property type.

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -13.3%
10y growth 1.4%

House Price Index (HM Land Registry — official index, not sold-price averages): Newcastle upon Tyne. Series: Flats and maisonettes. As of June 2026.

1y (index) 4.3%
5y (index) 11.3%
10y (index) 24.6%

Company ownership

Registered legal owner is a company.

Company-owned (UK company)

Company: JPKA PROPERTY LTD (12855587)

Rental Range

Estimated market rent for Newcastle upon Tyne. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,086/mo
Realistic £1,207/mo
Optimistic £1,328/mo

Based on Local Authority from postcode lookup → Newcastle upon Tyne.

LHA (30th percentile) floor for Tyneside: Apr 2025 – Mar 2026

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
Studio Flat, Tankerville Place, NE2 £1,100/mo 1 0.68 miles OpenRent

Average rent: £1,100/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.67%
Max investor price (0.8%) £137,500
Target investor price (1%) £110,000
Gross yield 8%
Cost-to-rent ratio 12.5×
Monthly cashflow £315/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 7.9%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Zone: 1

Risk: Low

Not in Flood Risk Area (no data)

Registered land (INSPIRE)

INSPIRE registered land data is not available for this location yet.

Street-level crime

Category Count
Shoplifting 289
Violence and sexual offences 137
Anti-social behaviour 128
Criminal damage and arson 59
Vehicle crime 50
Other theft 43
Public order 43
Burglary 35
Robbery 19
Drugs 16
Bicycle theft 14
Theft from the person 13
Other crime 9
Possession of weapons 9
Total incidents 864

Within 1 mile during Jul 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
St Catherine's Catholic Primary School Primary 0.1 miles Good — 12 Feb 2015
Hotspur Primary School Primary 0.3 miles Good — 11 Mar 2014
St Teresa's Catholic Primary School, Heaton Primary 0.5 miles Outstanding — 31 Jan 2024
Newcastle Preparatory School Other 0.5 miles (No rating)
Royal Grammar School Other 0.6 miles (No rating)

FENSA

Window and door installation certificates found for this address.

Issued Work completed Windows Doors
27/10/2008 14/10/2008 4
20/11/2006 08/11/2006 4 1