Housing Market Analysis for GROSVENOR WAY, NE5 1RU

Are you looking to understand NE5 1RU 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 NE5 1RU area, explore the NE5 1RU Area information page.
For comprehensive crime statistics in the NE5 1RU area, explore the NE5 1RU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE5 1RU postcode area, The average prices are as follows,

Detached
- The average price is around £215,474 median price is £230,000 Standard Deviation is £68,182 with Total Sold: 40
- The Last 5 Year average price is £257,850 with Total Sold: 10
- The most recent sale happened at this postcode is 72 GROSVENOR WAY: £270,000 (Sold on 23 Jun 2023)
- The first recorded sale happened at this postcode is 106 GROSVENOR WAY: £102,000 (Sold on 06 Jan 1995)
Terraced
- The average price is around £104,836 median price is £120,000 Standard Deviation is £39,413 with Total Sold: 11
- The Last 5 Year average price is £145,750 with Total Sold: 2
- The most recent sale happened at this postcode is 91 GROSVENOR WAY: £138,500 (Sold on 24 Jun 2021)
- The first recorded sale happened at this postcode is 69 GROSVENOR WAY: £57,950 (Sold on 21 Jun 1996)
Semi-Detached
- The average price is around £127,064 median price is £110,500 Standard Deviation is £43,986 with Total Sold: 7
- The most recent sale happened at this postcode is 67 GROSVENOR WAY: £215,000 (Sold on 30 Mar 2007)
- The first recorded sale happened at this postcode is 61 GROSVENOR WAY: £82,950 (Sold on 21 Mar 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average NE5 1RU 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£255,000	£3,361	2
2022	£315,000	£3,663	1
2021	£245,750	£2,884	2
2020	£241,000	£2,698	3
2019	£269,500	£1,853	2
2018	£220,000	£2,933	1
2017	£275,000	£2,024	2
2016	£253,000	£2,487	2
2015	£268,500	£1,678	1
2014	£269,333	£2,672	3
2013	£165,000	£2,500	1
2012	£231,000	£2,190	2
2011	£225,000	£2,225	2
2010	£260,000	£1,742	1
2008	£283,500	£2,465	1
2007	£217,150	£1,672	3
2006	£215,000	£1,519	2
2002	£145,000	£1,435	2
2000	£122,000	£722	1
1999	£108,500	£596	2
1996	£84,500		2
1995	£94,000	£850	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£138,500	£2,270	1
2019	£153,000	£2,391	1
2018	£160,000	£2,500	1
2016	£120,000	£2,069	1
2006	£132,000	£2,164	1
2004	£109,750	£1,852	2
2001	£66,250	£1,086	1
1999	£53,000	£959	2
1996	£57,950	£905	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2007	£215,000	£1,492	1
2005	£142,000	£2,185	1
2002	£155,000		1
2001	£84,000	£1,292	1
1999	£105,250	£916	2
1997	£82,950		1

All the Sales in the GROSVENOR WAY, NE5 1RU

See the table below for more details on the sold house prices in the NE5 1RU, Newcastle upon Tyne postcode.

Address	Sold Date	Price	% Change
72 GROSVENOR WAYDetached, FreeholdArea: 86 Sq.mtrAge: 1983-1990	23 Jun 2023	£270,000	-14.29%
	27 May 2022	£315,000	First Sale
82 GROSVENOR WAYDetached, FreeholdArea: 67 Sq.mtrAge: 1976-1982	12 Jun 2023	£240,000	First Sale
96 GROSVENOR WAYDetached, FreeholdArea: 61 Sq.mtrAge: 1983-1990	11 Nov 2021	£194,000	First Sale
91 GROSVENOR WAYTerraced, FreeholdArea: 61 Sq.mtrAge: 1976-1982	24 Jun 2021	£138,500	4.92%
	23 Aug 2006	£132,000	40.43%
	14 May 2004	£94,000	41.89%
	14 Dec 2001	£66,250	18.30%
	04 Jun 1999	£56,000	First Sale
73 GROSVENOR WAYDetached, FreeholdArea: 115 Sq.mtrAge: 1983-1990	29 Mar 2021	£297,500	4.94%
	25 Jan 2008	£283,500	First Sale
68 GROSVENOR WAYDetached, FreeholdArea: 193 Sq.mtrAge: 1983-1990	07 Dec 2020	£320,000	1.59%
	13 Dec 2019	£315,000	173.91%
	28 Jun 1999	£115,000	First Sale
94 GROSVENOR WAYDetached, FreeholdArea: 67 Sq.mtrAge: 1983-1990	20 Oct 2020	£195,000	First Sale
107 GROSVENOR WAYDetached, FreeholdArea: 59 Sq.mtrAge: 1976-1982	09 Oct 2020	£208,000	First Sale
69 GROSVENOR WAYTerraced, FreeholdArea: 64 Sq.mtrAge: 1983-1990	05 Apr 2019	£153,000	-4.38%
	26 Oct 2018	£160,000	176.10%
	21 Jun 1996	£57,950	First Sale
66 GROSVENOR WAYDetached, FreeholdArea: 108 Sq.mtrAge: 1950-1966	23 Jan 2019	£224,000	First Sale
74 GROSVENOR WAYDetached, FreeholdArea: 75 Sq.mtrAge: 1983-1990	04 May 2018	£220,000	First Sale
65 GROSVENOR WAYDetached, FreeholdArea: 169 Sq.mtrAge: 1976-1982	15 Dec 2017	£300,000	145.90%
	03 Nov 2000	£122,000	First Sale
50 GROSVENOR WAYDetached, FreeholdArea: 110 Sq.mtrAge: 1983-1990	10 Nov 2017	£250,000	First Sale
63 GROSVENOR WAYDetached, FreeholdArea: 94.08 Sq.mtrAge: 1983-1990	16 Dec 2016	£231,000	0.43%
	16 Sep 2011	£230,000	53.33%
	26 Sep 2002	£150,000	First Sale
93 GROSVENOR WAYTerraced, FreeholdArea: 58 Sq.mtrAge: 1983-1990	13 May 2016	£120,000	-4.38%
	08 Oct 2004	£125,500	First Sale
67 GROSVENOR WAYDetached, FreeholdArea: 109.2 Sq.mtrAge: 1967-1975	08 Jan 2016	£275,000	19.57%
	22 Jun 2012	£230,000	6.98%
	30 Mar 2007	£215,000	115.00%
	30 Jul 1999	£100,000	First Sale
83 GROSVENOR WAYDetached, FreeholdArea: 160 Sq.mtrAge: 1983-1990	18 Dec 2015	£268,500	10.49%
	07 Jul 2006	£243,000	First Sale
70 GROSVENOR WAYDetached, FreeholdArea: 117 Sq.mtrAge: 1976-1982	03 Oct 2014	£263,000	First Sale
86 GROSVENOR WAYDetached, FreeholdArea: 75 Sq.mtrAge: 1983-1990	30 May 2014	£245,000	First Sale
106 GROSVENOR WAYDetached, FreeholdArea: 120 Sq.mtrAge: 1976-1982	26 Mar 2014	£300,000	194.12%
	06 Jan 1995	£102,000	First Sale
78 GROSVENOR WAYDetached, FreeholdArea: 66 Sq.mtrAge: 1983-1990	05 Apr 2013	£165,000	First Sale
48 GROSVENOR WAYDetached, FreeholdArea: 102 Sq.mtrAge: 1983-1990	06 Jul 2012	£232,000	First Sale
46 GROSVENOR WAYDetached, FreeholdArea: 109.68 Sq.mtrAge: 1983-1990	21 Apr 2011	£220,000	57.14%
	24 May 2002	£140,000	First Sale
54 GROSVENOR WAYDetached, FreeholdArea: 149.25 Sq.mtrAge: 1967-1975	11 Jun 2010	£260,000	4.21%
	26 Mar 2007	£249,500	First Sale
84 GROSVENOR WAYDetached, Freehold	30 Apr 2007	£202,000	First Sale
90 GROSVENOR WAYDetached, Freehold	27 Apr 2007	£199,950	132.50%
90 GROSVENOR WAYDetached, Freehold	09 Jun 1995	£86,000	First Sale
76 GROSVENOR WAYDetached, Freehold	24 Feb 2006	£187,000	First Sale
87 GROSVENOR WAYSemi-Detached, FreeholdArea: 65 Sq.mtrAge: 1976-1982	02 Dec 2005	£142,000	69.05%
	16 Nov 2001	£84,000	First Sale
60 GROSVENOR WAYSemi-Detached, Freehold	27 Sep 2002	£155,000	First Sale
108 GROSVENOR WAYSemi-Detached, Freehold	21 Sep 1999	£110,500	First Sale
100 GROSVENOR WAYDetached, Freehold	11 Jun 1999	£102,000	First Sale
95 GROSVENOR WAYTerraced, FreeholdArea: 50 Sq.mtrAge: 1983-1990	25 May 1999	£50,000	First Sale
61 GROSVENOR WAYSemi-Detached, Freehold	21 Mar 1997	£82,950	First Sale
59 GROSVENOR WAYDetached, Freehold	10 Jun 1996	£87,000	First Sale
44 GROSVENOR WAYDetached, Freehold	24 May 1996	£82,000	First Sale

Check out the sold house prices near the NE5 1RU postcode. Properties currently for saleProperties currently for rent

GROSVENOR WAY, NE5 1RU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE5 1RU 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 NE5 1RU postcode.

Terraced
- The average price is around £117,957 median price is £120,000 Standard Deviation is £53,401 with Total Sold: 755
- The Last 5 Year average price is £168,911 with Total Sold: 114
- The most recent sale happened at this postcode is , 58 GROSVENOR COURT: £199,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 7 ELRICK CLOSE: £63,000 (Sold on 12 Jan 1995)
Semi-Detached
- The average price is around £128,757 median price is £135,000 Standard Deviation is £53,750 with Total Sold: 1,184
- The Last 5 Year average price is £178,088 with Total Sold: 242
- The most recent sale happened at this postcode is , 13 GLENWOOD WALK: £211,000 (Sold on 22 Aug 2024)
- The first recorded sale happened at this postcode is , 6 ALNHAM GREEN: £47,000 (Sold on 05 Jan 1995)
Flat
- The average price is around £85,800 median price is £87,500 Standard Deviation is £42,339 with Total Sold: 157
- The Last 5 Year average price is £136,164 with Total Sold: 18
- The most recent sale happened at this postcode is , 22 HILLHEAD PARKWAY: £139,950 (Sold on 26 Jul 2024)
- The first recorded sale happened at this postcode is , 50 ROSEDALE COURT: £34,500 (Sold on 08 Apr 1995)
Detached
- The average price is around £199,650 median price is £200,000 Standard Deviation is £85,850 with Total Sold: 300
- The Last 5 Year average price is £271,496 with Total Sold: 83
- The most recent sale happened at this postcode is , 8 GLEBE CLOSE: £335,000 (Sold on 07 Jun 2024)
- The first recorded sale happened at this postcode is , 106 GROSVENOR WAY: £102,000 (Sold on 06 Jan 1995)
Other
- The average price is around £382,834 median price is £113,500 Standard Deviation is £1,056,834 with Total Sold: 16
- The Last 5 Year average price is £99,207 with Total Sold: 7
- The most recent sale happened at this postcode is , 30 GLENWOOD WALK: £127,500 (Sold on 19 Feb 2024)
- The first recorded sale happened at this postcode is , 7 SHOPPING CENTRE: £7,400 (Sold on 25 Nov 2013)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£171,300	£2,789	5
2023	£184,629	£2,406	19
2022	£183,645	£2,245	20
2021	£168,639	£2,221	32
2020	£170,330	£2,261	18
2019	£137,802	£2,032	20
2018	£158,998	£2,068	20
2017	£158,874	£1,933	25
2016	£154,783	£2,044	23
2015	£139,420	£1,768	22
2014	£137,666	£1,795	20
2013	£126,921	£1,639	14
2012	£131,072	£1,742	20
2011	£133,658	£1,802	31
2010	£145,040	£1,971	15
2009	£135,445	£1,836	10
2008	£148,227	£1,979	15
2007	£150,923	£1,885	37
2006	£151,486	£1,997	25
2005	£142,211	£1,939	31
2004	£139,737	£1,766	49
2003	£113,947	£1,382	30
2002	£81,359	£1,093	38
2001	£63,782	£889	40
2000	£57,571	£841	31
1999	£53,475	£880	25
1998	£52,254	£752	26
1997	£49,738	£671	28
1996	£51,612	£755	38
1995	£51,839	£724	28

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£167,031	£1,786	15
2023	£184,755	£2,411	30
2022	£202,240	£2,570	50
2021	£179,599	£2,431	56
2020	£171,139	£2,197	48
2019	£154,998	£2,186	43
2018	£153,027	£2,120	53
2017	£158,268	£2,149	38
2016	£150,293	£2,045	34
2015	£156,435	£2,138	47
2014	£151,136	£1,988	36
2013	£133,259	£1,942	38
2012	£136,933	£1,850	29
2011	£136,057	£1,898	34
2010	£141,798	£1,897	20
2009	£136,925	£1,886	28
2008	£159,657	£2,092	23
2007	£162,912	£2,104	45
2006	£156,507	£1,892	42
2005	£148,050	£1,989	39
2004	£143,201	£1,785	34
2003	£106,370	£1,253	46
2002	£96,863	£1,184	48
2001	£75,082	£955	54
2000	£66,850	£738	44
1999	£65,954	£806	42
1998	£55,213	£768	45
1997	£58,211	£734	52
1996	£55,257	£792	30
1995	£55,980	£694	41

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£173,650		3
2023	£147,667	£2,033	3
2022	£124,667	£2,095	3
2021	£127,000	£2,080	3
2020	£178,000	£1,885	2
2019	£94,000	£1,707	4
2018	£104,750	£2,058	2
2017	£85,619	£1,650	8
2016	£107,750	£1,870	4
2015	£92,100	£1,593	5
2014	£85,000	£1,584	2
2013	£82,750	£1,596	4
2012	£88,625	£1,799	4
2011	£74,990	£1,558	5
2010	£101,400	£1,761	5
2009	£89,600	£1,531	7
2008	£109,209	£2,145	8
2007	£110,790	£2,661	5
2006	£101,250	£2,305	6
2005	£109,075	£1,781	4
2004	£102,728	£1,713	16
2003	£83,305	£1,324	10
2002	£46,962	£933	4
2001	£48,867	£877	3
2000	£49,900	£729	5
1999	£33,125	£833	8
1998	£33,679	£786	7
1997	£50,030	£682	5
1996	£51,536	£616	7
1995	£45,050	£638	5

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£335,000		1
2023	£262,625	£2,790	8
2022	£320,867	£2,814	23
2021	£266,749	£2,693	22
2020	£231,906	£2,361	16
2019	£241,481	£2,389	13
2018	£228,806	£2,431	8
2017	£229,341	£2,616	11
2016	£217,428	£2,192	19
2015	£221,312	£1,937	8
2014	£215,664	£2,320	18
2013	£189,223	£1,960	11
2012	£203,700	£2,290	5
2011	£199,083	£2,089	6
2010	£207,917	£2,091	6
2009	£189,667	£1,745	6
2008	£231,725	£2,465	2
2007	£239,325	£1,781	12
2006	£213,630	£1,813	15
2005	£184,000	£1,987	2
2004	£201,939	£1,704	9
2003	£173,750	£1,859	4
2002	£131,429	£1,370	14
2001	£103,071	£1,035	7
2000	£106,244	£898	8
1999	£92,208	£677	12
1998	£73,500	£456	5
1997	£87,988	£693	4
1996	£72,393	£603	12
1995	£78,296	£706	13

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£127,500		1
2023	£117,350	£3,013	2
2021	£102,500	£1,602	1
2020	£61,375	£1,012	2
2019	£107,000	£1,814	1
2018	£158,000	£2,218	3
2017	£68,167	£1,570	3
2016	£2,372,500	£1,761	2
2013	£7,400		1

House Type in NE5 1RU area

The most common house types in the NE5 1RU postcode area are Detached (117), Semi-detached (8), and Flat (7).

Total	136
Detached	117
Semi-detached	8
Flat	7
Terraced	4
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (81), and Owned: Owns with a mortgage or loan (41).

Owned: Owns outright	81
Owned: Owns with a mortgage or loan	41
Social rented: Rents from council or Local Authority	7
Private rented: Private landlord or letting agency	4
Private rented: Other private rented	4
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the NE5 1RU have 2 people in household (59), and 1 person in household (31).

2 people in household	59
1 person in household	31
3 people in household	22
4 people in household	19
5 people in household	4
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0