Housing Market Analysis for GROSVENOR PLACE, NE2 2RB

Are you looking to understand NE2 2RB 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 2RB area, explore the NE2 2RB Area information page.
For comprehensive crime statistics in the NE2 2RB area, explore the NE2 2RB Crime Rates page.

Overview of Sold House prices

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

Flat
- The average price is around £145,768 median price is £152,000 Standard Deviation is £54,880 with Total Sold: 39
- The Last 5 Year average price is £192,500 with Total Sold: 2
- The most recent sale happened at this postcode is 17A GROSVENOR PLACE: £185,000 (Sold on 30 Sep 2021)
- The first recorded sale happened at this postcode is 17B GROSVENOR PLACE: £60,000 (Sold on 11 Mar 1995)
Terraced
- The average price is around £248,930 median price is £250,000 Standard Deviation is £107,852 with Total Sold: 10
- The Last 5 Year average price is £376,800 with Total Sold: 1
- The most recent sale happened at this postcode is 1 GROSVENOR PLACE: £376,800 (Sold on 14 May 2020)
- The first recorded sale happened at this postcode is FLAT 1, 3 GROSVENOR PLACE: £44,500 (Sold on 08 Nov 1996)
Semi-Detached
- The average price is around £326,250 median price is £355,000 Standard Deviation is £169,646 with Total Sold: 4
- The Last 5 Year average price is £495,000 with Total Sold: 1
- The most recent sale happened at this postcode is 2A GROSVENOR PLACE: £495,000 (Sold on 15 Nov 2019)
- The first recorded sale happened at this postcode is 2A GROSVENOR PLACE: £100,000 (Sold on 21 Mar 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NE2 2RB 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£192,500	£2,002	2
2018	£223,000		2
2017	£172,500	£2,623	2
2015	£221,000	£2,852	1
2012	£116,000	£1,221	1
2010	£185,000	£2,387	1
2009	£172,472	£1,885	2
2008	£168,167	£2,600	3
2007	£145,000		1
2006	£202,562	£2,388	4
2005	£210,000	£2,530	1
2004	£169,000	£1,843	2
2003	£151,000		2
2002	£138,000	£1,624	1
2001	£114,250	£1,211	6
2000	£79,500	£928	2
1998	£59,000		1
1997	£58,125	£821	2
1996	£57,000	£514	1
1995	£58,750	£695	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£376,800	£2,789	1
2015	£131,000	£1,379	1
2013	£407,000	£1,565	1
2010	£205,000	£1,464	1
2008	£318,500	£1,724	2
2005	£295,000	£1,928	1
2004	£198,000	£2,555	1
2001	£195,000		1
1996	£44,500	£574	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£495,000	£2,080	1
2006	£485,000	£2,038	1
2001	£225,000	£945	1
1996	£100,000	£420	1

All the Sales in the GROSVENOR PLACE, NE2 2RB

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

Address	Sold Date	Price	% Change
17A GROSVENOR PLACEFlat, LeaseholdArea: 84 Sq.mtrAge: 1900-1929	30 Sep 2021	£185,000	221.74%
	22 Jul 1995	£57,500	First Sale
FLAT 2, 4 GROSVENOR PLACEFlat, LeaseholdArea: 111 Sq.mtrAge: before 1900	30 Sep 2021	£200,000	14.29%
	23 Dec 2009	£174,995	34.10%
	30 Nov 2001	£130,500	128.95%
	24 May 1996	£57,000	First Sale
1 GROSVENOR PLACETerraced, FreeholdArea: 135.1 Sq.mtrAge: before 1900	14 May 2020	£376,800	27.73%
	01 Apr 2005	£295,000	First Sale
2A GROSVENOR PLACESemi-Detached, FreeholdArea: 238 Sq.mtrAge: 1900-1929	15 Nov 2019	£495,000	2.06%
	07 Jul 2006	£485,000	115.56%
	04 May 2001	£225,000	125.00%
	21 Mar 1996	£100,000	First Sale
FLAT 1, 4 GROSVENOR PLACEFlat, Leasehold	20 Dec 2018	£200,000	33.33%
	03 Jun 2003	£150,000	82.93%
	18 Jan 2000	£82,000	First Sale
FLAT A, 19 GROSVENOR PLACEFlat, Leasehold	15 Jun 2018	£246,000	7.78%
	02 Oct 2006	£228,250	30.43%
	07 Jun 2006	£175,000	First Sale
FLAT 1, 9 GROSVENOR PLACEFlat, Leasehold	20 Jul 2017	£185,000	First Sale
FLAT 3, 9 GROSVENOR PLACEFlat, LeaseholdArea: 61 Sq.mtrAge: 1900-1929	28 Apr 2017	£160,000	First Sale
FLAT 1, 3 GROSVENOR PLACEFlat, LeaseholdArea: 77.5 Sq.mtrAge: 1900-1929	24 Nov 2015	£221,000	19.46%
	09 Jul 2010	£185,000	8.86%
	14 Dec 2009	£169,950	-17.90%
	29 Sep 2006	£207,000	4.55%
	26 Jan 2004	£198,000	344.94%
	08 Nov 1996	£44,500	First Sale
2 GROSVENOR PLACETerraced, LeaseholdArea: 95 Sq.mtrAge: 1900-1929	30 Jun 2015	£131,000	12.93%
	01 Oct 2012	£116,000	-42.00%
	31 Oct 2006	£200,000	First Sale
21 GROSVENOR PLACETerraced, FreeholdArea: 260 Sq.mtrAge: before 1900	03 May 2013	£407,000	First Sale
5A GROSVENOR PLACETerraced, FreeholdArea: 140 Sq.mtrAge: 1900-1929	23 Nov 2010	£205,000	First Sale
13 GROSVENOR PLACETerraced, FreeholdArea: 187.6 Sq.mtrAge: before 1900	24 Nov 2008	£323,500	First Sale
11 GROSVENOR PLACETerraced, Freehold	24 Nov 2008	£313,500	First Sale
FLAT B, 19 GROSVENOR PLACEFlat, Leasehold	03 Oct 2008	£130,000	First Sale
17B GROSVENOR PLACEFlat, LeaseholdArea: 85 Sq.mtrAge: 1900-1929	23 May 2008	£221,000	60.14%
	30 Oct 2002	£138,000	130.00%
	11 Mar 1995	£60,000	First Sale
17 GROSVENOR PLACEFlat, Leasehold	08 Jan 2008	£153,500	First Sale
3, 9 GROSVENOR PLACEFlat, Leasehold	19 Jun 2007	£145,000	26.09%
3, 9 GROSVENOR PLACEFlat, Leasehold	20 Jul 2001	£115,000	First Sale
15A GROSVENOR PLACEFlat, LeaseholdArea: 83 Sq.mtrAge: 1900-1929	22 Apr 2005	£210,000	37.25%
	02 Aug 2004	£153,000	98.70%
	21 Dec 2000	£77,000	First Sale
2, 9 GROSVENOR PLACEFlat, Leasehold	05 Apr 2004	£185,000	49.19%
2, 9 GROSVENOR PLACEFlat, Leasehold	29 Jun 2001	£124,000	First Sale
FLAT C, 19 GROSVENOR PLACEFlat, Leasehold	24 Jul 2003	£152,000	First Sale
1, 9 GROSVENOR PLACEFlat, Leasehold	21 Sep 2001	£132,000	First Sale
15C GROSVENOR PLACEFlat, LeaseholdArea: 73.8 Sq.mtrAge: 1991-1995	10 Aug 2001	£92,000	First Sale
FLAT 3, 3 GROSVENOR PLACEFlat, Leasehold	20 Jul 2001	£92,000	55.93%
	18 May 1998	£59,000	24.87%
	04 Aug 1997	£47,250	First Sale
9 GROSVENOR PLACETerraced, Freehold	26 Jan 2001	£195,000	First Sale
15B GROSVENOR PLACEFlat, LeaseholdArea: 84 Sq.mtrAge: before 1900	23 Oct 1997	£69,000	First Sale

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

GROSVENOR PLACE, NE2 2RB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE2 2RB 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 2RB postcode.

Flat
- The average price is around £152,652 median price is £145,562 Standard Deviation is £108,549 with Total Sold: 3,956
- The Last 5 Year average price is £242,094 with Total Sold: 527
- 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 £328,355 median price is £277,000 Standard Deviation is £312,955 with Total Sold: 360
- The Last 5 Year average price is £668,564 with Total Sold: 47
- The most recent sale happened at this postcode is , 3 BURDON PLACE: £1,050,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 25 LARKSPUR TERRACE: £110,000 (Sold on 21 Feb 1995)
Detached
- The average price is around £535,813 median price is £410,000 Standard Deviation is £441,612 with Total Sold: 213
- The Last 5 Year average price is £950,761 with Total Sold: 39
- The most recent sale happened at this postcode is , 41 ESKDALE TERRACE: £655,000 (Sold on 08 Aug 2024)
- The first recorded sale happened at this postcode is , 23 REID PARK ROAD: £278,000 (Sold on 08 Feb 1995)
Terraced
- The average price is around £287,249 median price is £250,000 Standard Deviation is £203,046 with Total Sold: 1,707
- The Last 5 Year average price is £505,132 with Total Sold: 233
- 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)
Other
- The average price is around £1,156,614 median price is £350,000 Standard Deviation is £2,006,101 with Total Sold: 135
- The Last 5 Year average price is £1,269,432 with Total Sold: 81
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£224,647	£2,993	35
2023	£240,595	£2,984	83
2022	£239,670	£3,169	101
2021	£287,454	£3,512	142
2020	£212,055	£2,595	75
2019	£206,838	£2,742	91
2018	£208,335	£2,626	96
2017	£187,244	£2,477	125
2016	£199,083	£2,602	105
2015	£202,991	£2,537	125
2014	£189,102	£2,382	113
2013	£173,764	£2,190	75
2012	£177,171	£2,380	61
2011	£177,674	£2,138	63
2010	£187,462	£2,592	56
2009	£173,371	£2,140	75
2008	£185,086	£2,192	88
2007	£184,354	£2,557	155
2006	£185,577	£2,338	183
2005	£177,732	£2,310	182
2004	£182,083	£2,307	166
2003	£165,019	£2,185	179
2002	£135,077	£1,667	200
2001	£104,436	£1,313	224
2000	£97,387	£1,279	206
1999	£86,969	£1,133	238
1998	£74,796	£969	197
1997	£60,842	£734	198
1996	£55,866	£677	194
1995	£55,983	£649	125

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£797,833	£2,726	6
2023	£775,278	£4,008	9
2022	£1,043,071	£3,326	7
2021	£492,023	£3,364	11
2020	£534,750	£3,290	5
2019	£474,500	£3,281	9
2018	£416,550	£2,956	11
2017	£430,378	£2,501	10
2016	£415,625	£2,632	4
2015	£422,028	£2,927	9
2014	£798,862	£3,082	8
2013	£353,828	£2,495	4
2012	£397,590	£2,749	6
2011	£533,600	£2,656	5
2010	£504,300	£1,637	5
2009	£353,077	£2,492	13
2008	£536,547	£1,685	6
2007	£349,945	£2,334	10
2006	£384,518	£1,845	22
2005	£275,625	£1,812	12
2004	£292,835	£2,058	17
2003	£307,789	£2,209	19
2002	£256,906	£1,735	16
2001	£198,144	£1,245	17
2000	£213,375	£1,806	15
1999	£136,858	£879	22
1998	£124,410	£754	26
1997	£118,061	£800	23
1996	£103,667	£607	18
1995	£109,950	£636	15

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£843,000	£4,339	5
2023	£800,000	£4,974	4
2022	£1,684,110	£6,057	6
2021	£971,000	£4,032	5
2020	£793,636	£3,685	11
2019	£746,875	£3,200	8
2018	£535,500	£3,299	2
2017	£1,231,333	£3,609	3
2016	£803,750	£3,397	4
2015	£604,286	£3,855	7
2014	£652,500		2
2013	£679,000	£3,711	5
2012	£783,900	£3,610	3
2011	£632,500	£2,681	4
2010	£455,500	£2,866	4
2009	£615,402	£2,963	5
2008	£770,375	£2,441	8
2007	£750,625	£4,273	4
2006	£649,667	£2,186	6
2005	£698,750	£2,666	12
2004	£395,077	£2,610	13
2003	£394,000	£1,999	15
2002	£313,438	£1,095	8
2001	£321,869	£1,556	8
2000	£291,188	£1,237	12
1999	£179,096	£1,007	13
1998	£263,544	£1,013	7
1997	£183,600	£1,038	8
1996	£179,625	£869	14
1995	£161,429	£792	7

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£500,461	£3,298	17
2023	£506,366	£3,334	48
2022	£591,600	£3,544	40
2021	£544,036	£3,519	62
2020	£381,471	£2,664	33
2019	£451,505	£2,768	33
2018	£370,713	£2,534	53
2017	£403,267	£2,575	36
2016	£428,755	£2,497	40
2015	£387,989	£2,440	47
2014	£358,836	£2,455	56
2013	£375,210	£2,438	30
2012	£381,199	£2,408	35
2011	£352,683	£2,751	30
2010	£359,309	£2,448	36
2009	£337,323	£2,336	36
2008	£343,432	£2,342	40
2007	£348,452	£2,242	65
2006	£314,061	£2,131	75
2005	£312,006	£2,112	58
2004	£294,895	£2,075	64
2003	£295,484	£1,977	76
2002	£236,054	£1,608	99
2001	£192,042	£1,206	96
2000	£153,560	£1,076	91
1999	£141,332	£927	97
1998	£122,944	£793	73
1997	£111,390	£677	86
1996	£94,713	£635	84
1995	£103,771	£617	71

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£272,500	£2,676	2
2023	£594,273	£7,493	11
2022	£2,585,370	£12,080	23
2021	£1,473,984	£11,591	18
2020	£330,619	£2,461	8
2019	£373,780	£1,958	19
2018	£651,500	£2,170	16
2017	£1,701,203	£44,555	16
2016	£669,189	£2,702	17
2015	£712,375	£20,334	4
2013	£1,450,000		1

House Type in NE2 2RB area

The most common house types in the NE2 2RB postcode area are Shared house (99), Terraced (41), and Flat (40).

Total	186
Shared house	99
Terraced	41
Flat	40
commercial building	3
Semi-detached	2
Detached	1
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (110), and Social rented: Other social rented (24).

Private rented: Private landlord or letting agency	110
Social rented: Other social rented	24
Owned: Owns with a mortgage or loan	22
Owned: Owns outright	20
Private rented: Other private rented	7
Shared ownership: Shared ownership	2
Social rented: Rents from council or Local Authority	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the NE2 2RB have 1 person in household (67), and 2 people in household (59).

1 person in household	67
2 people in household	59
3 people in household	19
5 people in household	12
6 people in household	10
7 people in household	8
8 or more people in household	7
4 people in household	5
0 people in household	0