Housing Market Analysis for THE GROVE, NE2 2PN

Are you looking to understand NE2 2PN house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Newcastle upon Tyne postcode.

For the location information and nearby amenities in the NE2 2PN area, explore the NE2 2PN Area information page.
For comprehensive crime statistics in the NE2 2PN area, explore the NE2 2PN Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE2 2PN postcode area, The average prices are as follows,

  • Detached
    • The average price is around £912,500 median price is £912,500 Standard Deviation is £312,500 with Total Sold: 2
    • The most recent sale happened at this postcode is GROSVENOR HOUSE THE GROVE: £1,225,000 (Sold on 02 Mar 2017)
    • The first recorded sale happened at this postcode is THE COACH HOUSE THE GROVE: £600,000 (Sold on 12 Mar 2010)

Sold Price Trend Over the Years:

Below table and chart gives the average NE2 2PN house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£1,225,0001
2010£600,000 £3,177 1

All the Sales in the THE GROVE, NE2 2PN

See the table below for more details on the sold house prices in the NE2 2PN, Newcastle upon Tyne postcode.

AddressSold DatePrice% Change
GROSVENOR HOUSE THE GROVEDetached, Freehold02 Mar 2017£1,225,000First Sale
THE COACH HOUSE THE GROVEDetached, FreeholdArea: 188.85 Sq.mtrAge: before 190012 Mar 2010£600,000First Sale

Check out the sold house prices near the NE2 2PN postcode. Properties currently for saleProperties currently for rent

THE GROVE, NE2 2PN Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE2 2PN postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the NE2 2PN postcode.

  • Flat
    • The average price is around £150,202 median price is £144,000 Standard Deviation is £111,962 with Total Sold: 2,884
    • The Last 5 Year average price is £231,590 with Total Sold: 391
    • The most recent sale happened at this postcode is , 49A OSBORNE ROAD: £267,000 (Sold on 03 Sep 2024)
    • The first recorded sale happened at this postcode is , 36A HOLLY AVENUE: £45,500 (Sold on 06 Jan 1995)
  • Semi-Detached
    • The average price is around £332,737 median price is £290,000 Standard Deviation is £245,940 with Total Sold: 439
    • The Last 5 Year average price is £568,600 with Total Sold: 55
    • The most recent sale happened at this postcode is , 104 HOLLY AVENUE: £510,000 (Sold on 15 Aug 2024)
    • The first recorded sale happened at this postcode is , 25 LARKSPUR TERRACE: £110,000 (Sold on 21 Feb 1995)
  • Terraced
    • The average price is around £281,114 median price is £260,000 Standard Deviation is £198,935 with Total Sold: 1,411
    • The Last 5 Year average price is £498,916 with Total Sold: 179
    • The most recent sale happened at this postcode is , 48 LARKSPUR TERRACE: £576,000 (Sold on 10 Jul 2024)
    • The first recorded sale happened at this postcode is , 97 FERN AVENUE: £91,000 (Sold on 06 Jan 1995)
  • Detached
    • The average price is around £659,887 median price is £500,000 Standard Deviation is £690,905 with Total Sold: 252
    • The Last 5 Year average price is £1,136,387 with Total Sold: 47
    • The most recent sale happened at this postcode is 7, GROSVENOR VILLAS GROSVENOR ROAD: £1,200,000 (Sold on 13 May 2024)
    • The first recorded sale happened at this postcode is , 23 REID PARK ROAD: £278,000 (Sold on 08 Feb 1995)
  • Other
    • The average price is around £753,367 median price is £265,975 Standard Deviation is £1,530,542 with Total Sold: 108
    • The Last 5 Year average price is £576,118 with Total Sold: 60
    • The most recent sale happened at this postcode is , 3 WEST JESMOND AVENUE: £355,000 (Sold on 27 Mar 2024)
    • The first recorded sale happened at this postcode is , 45 - 47 SANDERSON ROAD: £1,450,000 (Sold on 30 Aug 2013)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£225,613 £2,955 23
2023£216,164 £2,960 60
2022£231,502 £2,984 75
2021£283,561 £3,454 102
2020£193,182 £2,607 54
2019£203,572 £2,709 77
2018£205,386 £2,466 74
2017£185,225 £2,483 99
2016£198,301 £2,746 80
2015£200,914 £2,496 95
2014£180,220 £2,459 83
2013£164,277 £2,093 61
2012£164,676 £2,261 48
2011£172,701 £2,180 43
2010£185,398 £2,538 45
2009£176,561 £2,128 50
2008£173,566 £2,228 63
2007£184,501 £2,573 117
2006£181,938 £2,394 129
2005£171,109 £2,257 117
2004£177,680 £2,242 132
2003£162,739 £2,244 150
2002£150,007 £1,826 152
2001£111,256 £1,419 147
2000£83,348 £1,001 142
1999£72,385 £970 132
1998£67,190 £894 143
1997£62,934 £745 153
1996£55,499 £699 145
1995£53,321 £654 93
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£659,167 £3,069 6
2023£518,214 £3,866 7
2022£653,857 £3,422 7
2021£532,031 £3,310 16
2020£606,550 £3,513 10
2019£503,944 £3,123 9
2018£423,205 £2,921 10
2017£453,560 £2,587 13
2016£516,886 £2,934 11
2015£454,479 £2,950 12
2014£692,886 £2,935 13
2013£416,914 £2,722 8
2012£370,434 £2,590 7
2011£480,714 £2,675 7
2010£393,000 £2,402 6
2009£323,875 £2,532 8
2008£590,148 £2,511 12
2007£411,679 £2,302 14
2006£410,936 £2,031 25
2005£389,500 £2,100 15
2004£379,351 £2,059 18
2003£279,325 £1,938 20
2002£239,919 £1,539 24
2001£198,872 £1,312 20
2000£210,072 £1,423 16
1999£139,953 £921 24
1998£125,010 £747 31
1997£128,830 £798 30
1996£121,565 £628 23
1995£112,544 £636 17
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£484,000 £3,377 11
2023£531,051 £3,326 41
2022£552,704 £3,458 27
2021£538,515 £3,481 46
2020£379,675 £2,725 26
2019£451,527 £2,746 28
2018£392,429 £2,558 45
2017£387,035 £2,525 30
2016£414,406 £2,564 27
2015£387,297 £2,421 37
2014£338,627 £2,451 48
2013£358,513 £2,458 24
2012£369,934 £2,349 31
2011£373,180 £2,800 25
2010£345,004 £2,501 35
2009£331,854 £2,396 30
2008£345,075 £2,400 37
2007£346,074 £2,293 54
2006£311,655 £2,144 68
2005£297,858 £2,011 53
2004£296,352 £2,006 49
2003£291,478 £1,934 67
2002£234,694 £1,537 78
2001£187,357 £1,186 82
2000£148,014 £1,038 76
1999£132,020 £870 73
1998£121,329 £844 57
1997£110,708 £675 73
1996£93,278 £600 76
1995£100,747 £615 57
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£890,000 £4,339 4
2023£590,000 £4,281 2
2022£1,927,271 £5,939 10
2021£1,318,611 £4,587 9
2020£816,923 £3,903 13
2019£767,778 £3,404 9
2018£1,193,000 £3,870 7
2017£1,106,333 £3,332 3
2016£728,250 £3,670 8
2015£748,636 £3,626 11
2014£2,120,000 £5,082 3
2013£649,286 £3,528 7
2012£464,200 £3,439 1
2011£1,217,500 £4,392 8
2010£576,667 £3,297 6
2009£538,750 £2,478 4
2008£876,111 £3,351 9
2007£629,369 £3,606 8
2006£771,800 £1,911 5
2005£705,000 £2,808 12
2004£582,875 £2,971 16
2003£442,000 £1,913 13
2002£284,750 £1,265 6
2001£310,744 £1,517 8
2000£286,450 £1,417 15
1999£212,769 £987 13
1998£226,750 £1,072 10
1997£212,880 £798 10
1996£200,482 £891 14
1995£206,875 £858 8
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£272,500 £2,676 2
2023£546,389 £4,880 9
2022£606,833 £3,040 15
2021£1,159,953 £11,781 9
2020£335,411 £2,781 9
2019£408,988 £1,825 16
2018£621,312 £2,649 16
2017£1,650,810 £43,363 15
2016£649,497 £2,959 12
2015£712,375 £20,334 4
2013£1,450,0001

House Type in NE2 2PN area

The most common house types in the NE2 2PN postcode area are Semi-detached (75), Shared house (12), and Flat (9).

Total105
Semi-detached75
Shared house12
Flat9
Detached5
Terraced4
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (44), and Private rented: Private landlord or letting agency (29).

Owned: Owns outright44
Private rented: Private landlord or letting agency29
Owned: Owns with a mortgage or loan28
Private rented: Other private rented3
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the NE2 2PN have 2 people in household (34), and 1 person in household (26).

2 people in household34
1 person in household26
3 people in household17
4 people in household17
5 people in household7
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0