Housing Market Analysis for GROSVENOR PLACE, NE2 2RE

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

Overview of Sold House prices

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

Flat
- The average price is around £163,016 median price is £189,950 Standard Deviation is £63,311 with Total Sold: 25
- The Last 5 Year average price is £250,000 with Total Sold: 2
- The most recent sale happened at this postcode is FLAT C, 38 GROSVENOR PLACE: £260,000 (Sold on 05 Jun 2023)
- The first recorded sale happened at this postcode is 34B GROSVENOR PLACE: £68,000 (Sold on 19 Nov 1996)
Terraced
- The average price is around £426,804 median price is £485,000 Standard Deviation is £167,326 with Total Sold: 25
- The Last 5 Year average price is £601,667 with Total Sold: 3
- The most recent sale happened at this postcode is 22 GROSVENOR PLACE: £590,000 (Sold on 04 Oct 2019)
- The first recorded sale happened at this postcode is 18 GROSVENOR PLACE: £715,000 (Sold on 15 Apr 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average NE2 2RE 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
2023	£260,000		1
2019	£240,000		1
2017	£199,000		2
2016	£231,000		1
2015	£220,000		1
2012	£198,750	£2,690	2
2011	£189,950		1
2010	£210,000		1
2008	£226,000	£2,861	1
2006	£201,250		2
2005	£187,500	£1,867	2
2002	£131,000	£1,662	2
2001	£109,225		2
2000	£96,000		2
1999	£68,000		1
1998	£68,000		1
1997	£49,000		1
1996	£68,000	£850	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£545,000	£2,733	2
2018	£465,000	£2,409	1
2016	£555,000	£2,500	1
2015	£403,333	£2,032	3
2014	£550,000	£3,375	1
2013	£550,000	£2,068	1
2011	£537,500	£2,675	1
2010	£500,000	£3,068	1
2009	£500,000	£2,885	1
2007	£542,333	£2,338	3
2006	£430,000	£1,623	1
2004	£445,500	£2,240	2
2001	£245,050	£1,082	2
2000	£200,000	£738	1
1999	£167,000	£964	1
1997	£67,500		1
1995	£125,000		1
2024	£715,000		1

All the Sales in the GROSVENOR PLACE, NE2 2RE

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

Address	Sold Date	Price	% Change
FLAT C, 38 GROSVENOR PLACEFlat, Leasehold	05 Jun 2023	£260,000	8.33%
	30 Sep 2019	£240,000	23.08%
	20 Sep 2006	£195,000	95.10%
	23 Mar 2001	£99,950	First Sale
22 GROSVENOR PLACETerraced, FreeholdArea: 162.98 Sq.mtrAge: 1900-1929	04 Oct 2019	£590,000	7.27%
	06 Jun 2014	£550,000	10.00%
	12 May 2010	£500,000	First Sale
36 GROSVENOR PLACETerraced, FreeholdArea: 271 Sq.mtrAge: 1900-1929	19 Jul 2019	£500,000	150.00%
	01 Mar 2000	£200,000	First Sale
8 GROSVENOR PLACETerraced, FreeholdArea: 193 Sq.mtrAge: 1900-1929	12 Jan 2018	£465,000	First Sale
FLAT C, 30 GROSVENOR PLACEFlat, Leasehold	10 Nov 2017	£198,000	-1.00%
	09 Nov 2017	£200,000	5.29%
	02 Nov 2011	£189,950	47.25%
	27 Sep 2002	£129,000	163.27%
	11 Jun 1997	£49,000	First Sale
FLAT 2, 34 GROSVENOR PLACEFlat, Leasehold	03 Mar 2016	£231,000	First Sale
16 GROSVENOR PLACETerraced, FreeholdArea: 222 Sq.mtrAge: before 1900	11 Jan 2016	£555,000	-2.97%
	23 Jun 2007	£572,000	138.23%
	22 Jun 2001	£240,100	First Sale
18 GROSVENOR PLACETerraced, FreeholdArea: 240 Sq.mtrAge: 1900-1929	21 Jul 2015	£550,000	13.40%
	25 Jul 2007	£485,000	-32.17%
	15 Apr 2024	£715,000	First Sale
42 GROSVENOR PLACETerraced, FreeholdArea: 254 Sq.mtrAge: 1900-1929	17 Jul 2015	£450,000	First Sale
FLAT B, 38 GROSVENOR PLACETerraced, Leasehold	15 May 2015	£210,000	211.11%
FLAT B, 38 GROSVENOR PLACETerraced, Leasehold	08 Aug 1997	£67,500	First Sale
FLAT B, 30 GROSVENOR PLACEFlat, Leasehold	25 Feb 2015	£220,000	18.92%
	30 Oct 2012	£185,000	56.12%
	06 Apr 2001	£118,500	74.26%
	28 May 1999	£68,000	First Sale
46 GROSVENOR PLACETerraced, FreeholdArea: 266 Sq.mtrAge: before 1900	13 Dec 2013	£550,000	27.91%
	28 Jul 2006	£430,000	First Sale
FLAT 1, 34 GROSVENOR PLACEFlat, LeaseholdArea: 79 Sq.mtrAge: 1900-1929	11 Oct 2012	£212,500	-5.97%
	15 May 2008	£226,000	53.22%
	05 May 2005	£147,500	First Sale
28 GROSVENOR PLACETerraced, FreeholdArea: 200.91 Sq.mtrAge: before 1900	27 Oct 2011	£537,500	19.44%
	29 Sep 2004	£450,000	First Sale
34 GROSVENOR PLACEFlat, Leasehold	19 Nov 2010	£210,000	1.20%
	03 Jul 2006	£207,500	101.46%
	08 Dec 2000	£103,000	First Sale
12 GROSVENOR PLACETerraced, FreeholdArea: 173.3 Sq.mtrAge: before 1900	24 Apr 2009	£500,000	199.40%
	06 Aug 1999	£167,000	First Sale
14 GROSVENOR PLACETerraced, Freehold	02 Apr 2007	£570,000	29.25%
	26 May 2004	£441,000	76.40%
	17 Jul 2001	£250,000	100.00%
	18 Jul 1995	£125,000	First Sale
FLAT A, 30 GROSVENOR PLACEFlat, Leasehold	23 Feb 2005	£227,500	155.62%
	28 Oct 2000	£89,000	30.88%
	16 Oct 1998	£68,000	First Sale
34B GROSVENOR PLACEFlat, LeaseholdArea: 80 Sq.mtrAge: before 1900	06 Mar 2002	£133,000	95.59%
	19 Nov 1996	£68,000	First Sale

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

GROSVENOR PLACE, NE2 2RE Near By properties

Interactive Map

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

Flat
- The average price is around £143,500 median price is £140,000 Standard Deviation is £102,465 with Total Sold: 3,606
- The Last 5 Year average price is £228,489 with Total Sold: 444
- The most recent sale happened at this postcode is FLAT 32, RUSSELL COURT, 3 ADDERSTONE CRESCENT: £165,000 (Sold on 09 Aug 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 £340,843 median price is £280,000 Standard Deviation is £314,565 with Total Sold: 398
- The Last 5 Year average price is £667,637 with Total Sold: 53
- The most recent sale happened at this postcode is , 81 GROSVENOR AVENUE: £502,000 (Sold on 29 Jul 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 £278,021 median price is £249,950 Standard Deviation is £199,012 with Total Sold: 1,605
- The Last 5 Year average price is £488,901 with Total Sold: 211
- 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 £1,079,918 median price is £288,000 Standard Deviation is £1,967,879 with Total Sold: 142
- The Last 5 Year average price is £1,189,733 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)
Detached
- The average price is around £648,319 median price is £442,500 Standard Deviation is £731,105 with Total Sold: 226
- The Last 5 Year average price is £1,227,698 with Total Sold: 39
- The most recent sale happened at this postcode is , 7 BRAMLEY CHASE: £720,000 (Sold on 08 Mar 2024)
- The first recorded sale happened at this postcode is , 23 REID PARK ROAD: £278,000 (Sold on 08 Feb 1995)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£215,141	£2,820	22
2023	£225,505	£2,917	67
2022	£222,159	£2,895	83
2021	£279,475	£3,368	113
2020	£199,606	£2,566	72
2019	£197,882	£2,583	87
2018	£205,567	£2,571	90
2017	£183,190	£2,437	119
2016	£193,158	£2,572	98
2015	£186,688	£2,403	111
2014	£174,006	£2,317	104
2013	£165,727	£2,122	73
2012	£171,195	£2,366	51
2011	£168,120	£2,116	54
2010	£176,853	£2,413	52
2009	£177,793	£2,173	70
2008	£173,615	£2,153	79
2007	£179,913	£2,452	145
2006	£180,221	£2,310	169
2005	£168,995	£2,169	162
2004	£177,399	£2,209	154
2003	£158,759	£2,148	171
2002	£128,677	£1,618	181
2001	£101,287	£1,268	196
2000	£82,780	£996	187
1999	£71,305	£940	178
1998	£67,637	£862	195
1997	£61,494	£725	197
1996	£54,545	£687	206
1995	£53,782	£637	120

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£782,500	£3,069	6
2023	£775,278	£4,008	9
2022	£1,004,667	£3,422	9
2021	£484,417	£3,374	12
2020	£573,344	£3,361	8
2019	£474,500	£3,281	9
2018	£416,550	£2,956	11
2017	£442,843	£2,561	11
2016	£447,125	£2,695	6
2015	£455,159	£3,029	11
2014	£739,590	£3,068	10
2013	£425,886	£2,654	6
2012	£404,720	£2,763	7
2011	£518,500	£2,675	8
2010	£489,333	£2,290	6
2009	£346,000	£2,492	11
2008	£547,698	£2,511	9
2007	£357,950	£2,216	10
2006	£403,475	£2,004	24
2005	£302,115	£1,968	13
2004	£380,492	£2,058	17
2003	£301,325	£1,934	20
2002	£243,559	£1,667	17
2001	£181,261	£1,240	19
2000	£205,477	£1,423	15
1999	£137,536	£911	24
1998	£126,954	£755	30
1997	£126,552	£797	27
1996	£110,944	£598	18
1995	£109,950	£636	15

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£455,429	£3,090	14
2023	£498,054	£3,343	48
2022	£554,970	£3,448	33
2021	£546,908	£3,445	57
2020	£360,278	£2,642	29
2019	£431,322	£2,760	30
2018	£368,612	£2,540	52
2017	£390,621	£2,548	34
2016	£390,783	£2,458	36
2015	£372,078	£2,426	45
2014	£348,353	£2,437	52
2013	£367,118	£2,380	28
2012	£367,938	£2,332	33
2011	£351,741	£2,748	29
2010	£352,295	£2,449	36
2009	£322,812	£2,380	34
2008	£341,046	£2,312	39
2007	£334,385	£2,303	62
2006	£305,741	£2,101	75
2005	£292,031	£2,088	59
2004	£289,648	£2,022	59
2003	£286,435	£1,992	73
2002	£233,669	£1,565	88
2001	£185,819	£1,209	94
2000	£152,219	£1,066	88
1999	£130,408	£850	80
1998	£119,137	£842	69
1997	£108,221	£675	81
1996	£94,125	£619	81
1995	£100,744	£612	67

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£272,500	£2,676	2
2023	£563,916	£7,058	12
2022	£2,394,540	£10,440	25
2021	£1,411,824	£11,591	16
2020	£307,110	£2,398	10
2019	£373,780	£1,958	19
2018	£591,158	£2,613	19
2017	£1,585,897	£34,198	17
2016	£642,292	£2,668	17
2015	£712,375	£20,334	4
2013	£1,450,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£786,667	£4,339	3
2023	£800,000	£4,974	4
2022	£2,420,744	£6,587	7
2021	£1,473,571	£4,896	7
2020	£852,500	£3,685	10
2019	£816,875	£3,387	8
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	£2,018,333	£7,197	3
2013	£657,500	£3,616	6
2012	£538,350	£3,610	2
2011	£1,396,667	£4,564	6
2010	£459,400	£2,986	5
2009	£633,400	£3,064	5
2008	£802,250	£2,344	8
2007	£750,625	£4,273	4
2006	£743,200	£2,044	5
2005	£710,455	£2,837	11
2004	£547,385	£2,751	13
2003	£429,692	£1,913	13
2002	£280,643	£1,147	7
2001	£327,495	£1,556	10
2000	£291,481	£1,237	13
1999	£189,917	£981	12
1998	£225,278	£1,068	9
1997	£204,891	£940	11
1996	£200,482	£891	14
1995	£196,111	£792	9

House Type in NE2 2RE area

The most common house types in the NE2 2RE postcode area are Terraced (63), Shared house (40), and Flat (12).

Total	120
Terraced	63
Shared house	40
Flat	12
Semi-detached	2
Detached	1
converted building	1
commercial building	1
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 (68), and Owned: Owns outright (28).

Private rented: Private landlord or letting agency	68
Owned: Owns outright	28
Owned: Owns with a mortgage or loan	20
Social rented: Other social rented	3
Social rented: Rents from council or Local Authority	1
Does not apply	0
Shared ownership: Shared ownership	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the NE2 2RE have 1 person in household (36), and 2 people in household (31).

1 person in household	36
2 people in household	31
4 people in household	11
5 people in household	11
3 people in household	9
7 people in household	8
6 people in household	7
8 or more people in household	7
0 people in household	0