# 28 GREYSTOKE AVENUE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1PN

## Property details

- Slug: `1b1b34c` (address key hash: `1b1b34c3eebe67f2df1f63433307bf11f09b8ef3`)
- Postcode: NE2 1PN
- Transactions on record: 2

- 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)

## Latest sale

- Price: £165,000
- Date: 2026-04-20
- Type: F
- Tenure: L

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Expiry date:** 02/12/2035
- **Current heating cost:** £726/year
- **Est. upgrade cost to C:** £19,785

### Recommendations
- Q (£7,500 - £11,000)
- W1 (£5,000 - £10,000)
- C (£20 - £40)
- F (£130 - £180)
- I (£2,200 - £3,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0577-3957-1202-3635-0204)

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2026-04-20 | £165,000 | Flat | +34.7% | £165,463 (to June 2026) | [View](http://87.117.209.195:8080/house-prices/5340b1c5-dd91-8052-e063-4804a8c06ee4) |
| Sold | 2012-12-13 | £122,500 | Flat | — | £173,866 (to June 2026) | [View](http://87.117.209.195:8080/house-prices/a1ef9f54-6464-4d2a-8be8-0062988e4364) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 28 GREYSTOKE AVENUE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1PN | £165,000 | 20/04/2026 | Flat |
| 28 GREYSTOKE AVENUE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1PN | £122,500 | 13/12/2012 | Flat |

## Historic listings

Listing activity only where we matched the listing to a Land Registry sale already on record for this address.

- Matched listing: [169225115](http://87.117.209.195:8080/listings/5517cc9)

| Event | Date | Price |
|-------|------|-------|
| sold | 2026-01-01 | £165,000 |
| listed | 2025-11-11 | £155,000 |
| sold | 2012-01-01 | £122,500 |
| sold | 2006-01-01 | £119,300 |
| sold | 2001-01-01 | £71,950 |
| sold | 1995-01-01 | £40,000 |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| 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 |
| 8 DENESIDE COURT, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1EZ | £112,500 | 14/11/2025 | Flat |
| 69 SPRINGBANK ROAD, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1PD | £180,000 | 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 |
| 8 GOLDSPINK LANE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1NQ | £155,000 | 08/11/2023 | Flat |
| 10 GOLDSPINK LANE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE2 1NQ | £150,000 | 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)

## Capital growth trend

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

- **5y growth:** -14.8%
- **10y growth:** 1.4%

## House Price Index (HM Land Registry)

*Official index for Newcastle upon Tyne; Flats and maisonettes series; as of June 2026.*

- **1y growth (index):** 4.3%
- **5y growth (index):** 11.3%
- **10y growth (index):** 24.6%

## Rental Range

*ONS Price Index of Private Rents (Newcastle upon Tyne). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,086/mo
- **Realistic:** £1,207/mo
- **Optimistic:** £1,328/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent 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)**

## 1% Rule

- **Rent ratio:** 0.67% (weak for cashflow)
- **Max investor price (0.8%):** £137,500
- **Target investor price (1%):** £110,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,100/mo).*

- **Gross yield:** 8%
- **Cost-to-rent:** 12.5×
- **Monthly cashflow:** £315/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 7.9%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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
- **Source:** Not in Flood Risk Area (no data)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

## 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.*

| 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 Certificates

This property has 2 FENSA certificate(s) on record.

### FENSA Certificate #6085659
- **Address:** 28 Greystoke Avenue, NEWCASTLE UPON TYNE, NE2 1PN
- **Certificate Issued:** 27/10/2008
- **Work Completed:** 14/10/2008
- **Items:** 4 window(s)

### FENSA Certificate #4238310
- **Address:** 28 Greystoke Avenue, NEWCASTLE UPON TYNE, NE2 1PN
- **Certificate Issued:** 20/11/2006
- **Work Completed:** 08/11/2006
- **Items:** 4 window(s), 1 door(s)