Housing Market Analysis for GROSVENOR PLACE, NE2 2RD

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £301,236 median price is £340,000 Standard Deviation is £88,321 with Total Sold: 7
    • The most recent sale happened at this postcode is 31 GROSVENOR PLACE: £415,000 (Sold on 01 Feb 2011)
    • The first recorded sale happened at this postcode is 29 GROSVENOR PLACE: £175,000 (Sold on 21 Oct 1997)
  • Flat
    • The average price is around £151,250 median price is £135,000 Standard Deviation is £68,103 with Total Sold: 12
    • The most recent sale happened at this postcode is FLAT 1, 33 GROSVENOR PLACE: £240,000 (Sold on 01 Nov 2007)
    • The first recorded sale happened at this postcode is FLAT 6, 29 GROSVENOR PLACE: £65,000 (Sold on 14 Sep 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average NE2 2RD 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2011£415,000 £1,440 1
2004£369,250 £1,574 2
2003£340,150 £1,532 1
2001£215,0001
1999£225,0001
1997£175,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£151,250 £2,669 12

All the Sales in the GROSVENOR PLACE, NE2 2RD

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

AddressSold DatePrice% Change
31 GROSVENOR PLACETerraced, FreeholdArea: 288.18 Sq.mtrAge: before 190001 Feb 2011£415,000First Sale
FLAT 1, 33 GROSVENOR PLACEFlat, Leasehold01 Nov 2007£240,000First Sale
FLAT 2, 33 GROSVENOR PLACEFlat, LeaseholdArea: 79.57 Sq.mtrAge: 1900-192901 Nov 2007£230,000First Sale
FLAT 3, 33 GROSVENOR PLACEFlat, LeaseholdArea: 80.73 Sq.mtrAge: 1900-192901 Nov 2007£245,000First Sale
FLAT 4, 33 GROSVENOR PLACEFlat, LeaseholdArea: 74 Sq.mtrAge: 1900-192901 Nov 2007£250,000First Sale
FLAT 3, 29 GROSVENOR PLACEFlat, LeaseholdArea: 24 Sq.mtrAge: 1900-192914 Sep 2007£65,000First Sale
FLAT 4, 29 GROSVENOR PLACEFlat, LeaseholdArea: 40 Sq.mtrAge: 1900-192914 Sep 2007£90,000First Sale
FLAT 5, 29 GROSVENOR PLACEFlat, LeaseholdArea: 55 Sq.mtrAge: 1900-192914 Sep 2007£135,000First Sale
FLAT 8, 29 GROSVENOR PLACEFlat, LeaseholdArea: 66 Sq.mtrAge: 1900-192914 Sep 2007£135,000First Sale
FLAT 7, 29 GROSVENOR PLACEFlat, LeaseholdArea: 54.6 Sq.mtrAge: 1900-192914 Sep 2007£135,000First Sale
FLAT 1, 29 GROSVENOR PLACEFlat, LeaseholdArea: 38 Sq.mtrAge: 1900-192914 Sep 2007£95,000First Sale
FLAT 2, 29 GROSVENOR PLACEFlat, LeaseholdArea: 61 Sq.mtrAge: 1900-192914 Sep 2007£130,000First Sale
FLAT 6, 29 GROSVENOR PLACEFlat, LeaseholdArea: 18.6 Sq.mtrAge: 1900-192914 Sep 2007£65,000First Sale
55 GROSVENOR PLACETerraced, FreeholdArea: 239 Sq.mtrAge: before 190003 Sep 2004£340,000First Sale
47 GROSVENOR PLACETerraced, FreeholdArea: 231 Sq.mtrAge: before 190011 Jun 2004£398,500First Sale
49 GROSVENOR PLACETerraced, FreeholdArea: 222 Sq.mtrAge: before 190021 Aug 2003£340,150First Sale
53 GROSVENOR PLACETerraced, Freehold12 Jul 2001£215,000First Sale
23 GROSVENOR PLACETerraced, Freehold05 Jan 1999£225,000First Sale
29 GROSVENOR PLACETerraced, Freehold21 Oct 1997£175,000First Sale

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

GROSVENOR PLACE, NE2 2RD Near By properties

Interactive Map

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

  • Flat
    • The average price is around £142,358 median price is £140,000 Standard Deviation is £100,731 with Total Sold: 3,787
    • The Last 5 Year average price is £227,029 with Total Sold: 466
    • 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 £326,180 median price is £277,000 Standard Deviation is £262,513 with Total Sold: 380
    • The Last 5 Year average price is £589,060 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)
  • Terraced
    • The average price is around £279,398 median price is £249,000 Standard Deviation is £200,895 with Total Sold: 1,641
    • The Last 5 Year average price is £488,568 with Total Sold: 221
    • 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 £662,187 median price is £464,600 Standard Deviation is £748,996 with Total Sold: 212
    • The Last 5 Year average price is £1,205,005 with Total Sold: 39
    • The most recent sale happened at this postcode is , 29 BRENTWOOD AVENUE: £190,000 (Sold on 21 Jun 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 £995,269 median price is £280,000 Standard Deviation is £1,857,726 with Total Sold: 144
    • The Last 5 Year average price is £1,093,507 with Total Sold: 84
    • 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£221,371 £2,820 26
2023£223,520 £2,875 67
2022£225,026 £2,921 85
2021£273,375 £3,308 122
2020£196,335 £2,533 78
2019£196,261 £2,583 88
2018£201,174 £2,553 96
2017£183,256 £2,440 126
2016£191,273 £2,563 103
2015£186,451 £2,410 116
2014£174,142 £2,334 103
2013£165,374 £2,112 75
2012£172,754 £2,362 53
2011£168,027 £2,108 55
2010£174,809 £2,401 58
2009£176,645 £2,177 71
2008£174,519 £2,178 82
2007£179,746 £2,446 148
2006£177,306 £2,313 176
2005£166,964 £2,157 179
2004£177,109 £2,209 158
2003£159,680 £2,147 180
2002£126,646 £1,619 194
2001£99,579 £1,256 213
2000£81,572 £991 198
1999£69,881 £924 189
1998£66,907 £855 200
1997£60,150 £720 214
1996£54,434 £689 210
1995£53,295 £638 124
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£715,000 £3,069 7
2023£553,438 £3,714 8
2022£715,569 £3,122 8
2021£523,475 £3,186 10
2020£581,417 £3,403 6
2019£475,688 £3,148 8
2018£423,205 £2,921 10
2017£462,843 £2,558 11
2016£471,536 £2,610 7
2015£459,594 £3,103 8
2014£777,878 £3,094 9
2013£432,552 £2,722 6
2012£401,863 £2,631 7
2011£508,333 £2,781 6
2010£535,700 £2,406 5
2009£362,333 £2,539 9
2008£547,698 £2,511 9
2007£335,727 £2,241 11
2006£401,136 £1,991 25
2005£306,458 £2,044 12
2004£379,351 £2,059 18
2003£273,763 £1,922 19
2002£240,216 £1,652 19
2001£183,897 £1,241 15
2000£209,368 £1,453 14
1999£139,182 £903 24
1998£126,717 £752 29
1997£127,612 £810 26
1996£103,632 £624 19
1995£109,950 £636 15
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£479,133 £3,014 15
2023£494,711 £3,380 50
2022£565,000 £3,433 34
2021£546,177 £3,418 58
2020£361,435 £2,665 30
2019£421,166 £2,733 34
2018£375,849 £2,527 51
2017£399,859 £2,561 35
2016£401,756 £2,509 35
2015£375,488 £2,407 42
2014£347,631 £2,383 53
2013£381,597 £2,397 29
2012£374,763 £2,373 34
2011£370,722 £2,762 27
2010£356,253 £2,468 38
2009£323,926 £2,405 32
2008£328,408 £2,399 46
2007£336,043 £2,333 64
2006£304,738 £2,126 82
2005£292,147 £2,090 60
2004£279,375 £1,981 58
2003£285,164 £1,987 75
2002£231,662 £1,557 88
2001£186,316 £1,214 97
2000£151,563 £1,037 88
1999£133,171 £887 82
1998£118,424 £840 73
1997£108,154 £680 79
1996£93,458 £618 85
1995£101,576 £609 67
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£750,000 £4,339 5
2023£650,000 £4,439 3
2022£2,420,744 £6,587 7
2021£1,473,571 £4,896 7
2020£852,500 £3,685 10
2019£787,143 £3,308 7
2018£1,326,200 £3,863 5
2017£1,234,500 £3,317 2
2016£755,000 £3,890 5
2015£781,111 £3,790 9
2014£2,855,000 £7,197 2
2013£657,500 £3,616 6
2012£538,350 £3,610 2
2011£1,616,000 £5,209 5
2010£493,750 £3,210 4
2009£511,750 £3,064 4
2008£874,286 £2,775 7
2007£750,625 £4,273 4
2006£872,750 £1,943 4
2005£710,455 £2,837 11
2004£581,455 £2,944 11
2003£398,033 £1,974 15
2002£240,750 £1,147 6
2001£330,825 £1,749 6
2000£291,481 £1,237 13
1999£198,750 £950 10
1998£236,188 £1,100 8
1997£212,880 £798 10
1996£191,017 £847 15
1995£196,111 £792 9
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£272,500 £2,676 2
2023£528,500 £6,481 14
2022£2,394,540 £10,440 25
2021£894,168 £7,773 13
2020£307,110 £2,398 10
2019£467,591 £1,958 20
2018£552,786 £2,557 21
2017£1,439,853 £31,051 19
2016£546,597 £2,819 15
2015£712,375 £20,334 4
2013£1,450,0001

House Type in NE2 2RD area

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

Total186
Shared house99
Terraced41
Flat40
commercial building3
Semi-detached2
Detached1
converted building0
temporary structure0

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 agency110
Social rented: Other social rented24
Owned: Owns with a mortgage or loan22
Owned: Owns outright20
Private rented: Other private rented7
Shared ownership: Shared ownership2
Social rented: Rents from council or Local Authority1
Does not apply0
Lives rent free0

Number of People in a Household

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

1 person in household67
2 people in household59
3 people in household19
5 people in household12
6 people in household10
7 people in household8
8 or more people in household7
4 people in household5
0 people in household0