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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£260,0001
2019£240,0001
2017£199,0002
2016£231,0001
2015£220,0001
2012£198,750 £2,690 2
2011£189,9501
2010£210,0001
2008£226,000 £2,861 1
2006£201,2502
2005£187,500 £1,867 2
2002£131,000 £1,662 2
2001£109,2252
2000£96,0002
1999£68,0001
1998£68,0001
1997£49,0001
1996£68,000 £850 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
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£67,5001
1995£125,0001
2024£715,0001

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.

AddressSold DatePrice% Change
FLAT C, 38 GROSVENOR PLACEFlat, Leasehold05 Jun 2023£260,0008.33%
30 Sep 2019£240,00023.08%
20 Sep 2006£195,00095.10%
23 Mar 2001£99,950First Sale
22 GROSVENOR PLACETerraced, FreeholdArea: 162.98 Sq.mtrAge: 1900-192904 Oct 2019£590,0007.27%
06 Jun 2014£550,00010.00%
12 May 2010£500,000First Sale
36 GROSVENOR PLACETerraced, FreeholdArea: 271 Sq.mtrAge: 1900-192919 Jul 2019£500,000150.00%
01 Mar 2000£200,000First Sale
8 GROSVENOR PLACETerraced, FreeholdArea: 193 Sq.mtrAge: 1900-192912 Jan 2018£465,000First Sale
FLAT C, 30 GROSVENOR PLACEFlat, Leasehold10 Nov 2017£198,000-1.00%
09 Nov 2017£200,0005.29%
02 Nov 2011£189,95047.25%
27 Sep 2002£129,000163.27%
11 Jun 1997£49,000First Sale
FLAT 2, 34 GROSVENOR PLACEFlat, Leasehold03 Mar 2016£231,000First Sale
16 GROSVENOR PLACETerraced, FreeholdArea: 222 Sq.mtrAge: before 190011 Jan 2016£555,000-2.97%
23 Jun 2007£572,000138.23%
22 Jun 2001£240,100First Sale
18 GROSVENOR PLACETerraced, FreeholdArea: 240 Sq.mtrAge: 1900-192921 Jul 2015£550,00013.40%
25 Jul 2007£485,000-32.17%
15 Apr 2024£715,000First Sale
42 GROSVENOR PLACETerraced, FreeholdArea: 254 Sq.mtrAge: 1900-192917 Jul 2015£450,000First Sale
FLAT B, 38 GROSVENOR PLACETerraced, Leasehold15 May 2015£210,000211.11%
08 Aug 1997£67,500First Sale
FLAT B, 30 GROSVENOR PLACEFlat, Leasehold25 Feb 2015£220,00018.92%
30 Oct 2012£185,00056.12%
06 Apr 2001£118,50074.26%
28 May 1999£68,000First Sale
46 GROSVENOR PLACETerraced, FreeholdArea: 266 Sq.mtrAge: before 190013 Dec 2013£550,00027.91%
28 Jul 2006£430,000First Sale
FLAT 1, 34 GROSVENOR PLACEFlat, LeaseholdArea: 79 Sq.mtrAge: 1900-192911 Oct 2012£212,500-5.97%
15 May 2008£226,00053.22%
05 May 2005£147,500First Sale
28 GROSVENOR PLACETerraced, FreeholdArea: 200.91 Sq.mtrAge: before 190027 Oct 2011£537,50019.44%
29 Sep 2004£450,000First Sale
34 GROSVENOR PLACEFlat, Leasehold19 Nov 2010£210,0001.20%
03 Jul 2006£207,500101.46%
08 Dec 2000£103,000First Sale
12 GROSVENOR PLACETerraced, FreeholdArea: 173.3 Sq.mtrAge: before 190024 Apr 2009£500,000199.40%
06 Aug 1999£167,000First Sale
14 GROSVENOR PLACETerraced, Freehold02 Apr 2007£570,00029.25%
26 May 2004£441,00076.40%
17 Jul 2001£250,000100.00%
18 Jul 1995£125,000First Sale
FLAT A, 30 GROSVENOR PLACEFlat, Leasehold23 Feb 2005£227,500155.62%
28 Oct 2000£89,00030.88%
16 Oct 1998£68,000First Sale
34B GROSVENOR PLACEFlat, LeaseholdArea: 80 Sq.mtrAge: before 190006 Mar 2002£133,00095.59%
19 Nov 1996£68,000First 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 £143,646 median price is £140,000 Standard Deviation is £102,502 with Total Sold: 3,611
    • The Last 5 Year average price is £228,717 with Total Sold: 449
    • 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 £343,039 median price is £280,000 Standard Deviation is £315,881 with Total Sold: 400
    • The Last 5 Year average price is £671,723 with Total Sold: 55
    • 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 £278,202 median price is £249,950 Standard Deviation is £199,083 with Total Sold: 1,606
    • The Last 5 Year average price is £489,283 with Total Sold: 212
    • 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 £650,750 median price is £450,000 Standard Deviation is £730,407 with Total Sold: 227
    • The Last 5 Year average price is £1,227,005 with Total Sold: 40
    • 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 £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)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£216,371 £2,820 26
2023£227,365 £2,917 68
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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£781,875 £3,069 8
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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£463,067 £3,090 15
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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£890,000 £4,339 4
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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
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£1,450,0001

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).

Total120
Terraced63
Shared house40
Flat12
Semi-detached2
Detached1
converted building1
commercial building1
temporary structure0

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 agency68
Owned: Owns outright28
Owned: Owns with a mortgage or loan20
Social rented: Other social rented3
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0
Lives rent free0

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 household36
2 people in household31
4 people in household11
5 people in household11
3 people in household9
7 people in household8
6 people in household7
8 or more people in household7
0 people in household0