Grosvenor Place - NE2 2RB
Key Postcode Insights
NE2 2RB is a residential postcode situated on Grosvenor Place, Newcastle Upon Tyne, NE2 with 38 addresses.
It ranks as the 572nd largest and 410th most expensive of the 804 postcodes in the NE2 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 38 properties: 3 houses and 35 flats.
- Ave. Sale Price
- £239,656
- 10 Year change
- up 8.5%
- Ave. Rental Price
- £1,319pcm
- 10 Year change
- up 52.0%
- Ave. £ per ft²
- £210/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Key Postcode Insights
NE2 2RB is a residential postcode situated on Grosvenor Place, Newcastle Upon Tyne, NE2 with 38 addresses.
It ranks as the 572nd largest and 410th most expensive of the 804 postcodes in the NE2 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 38 properties: 3 houses and 35 flats.
- Ave. Sale Price
- £239,656
- 10 Year change
- up 8.5%
- Ave. Rental Price
- £1,319pcm
- 10 Year change
- up 52.0%
- Ave. £ per ft²
- £210/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Explore Propertiesin NE2 2RB
- 1 Grosvenor Place
Building  |  2 Flats
- 1A Grosvenor Place
Building  |  2 Flats
- 2 Grosvenor Place
Building  |  4 Flats
- 3 Grosvenor Place
Building  |  3 Flats
- 4 Grosvenor Place
Building  |  3 Flats
Sales Market Trends
The last sale in NE2 2RB sold for £225,000 on 4th December 2025. Since then prices are up an average of 3.9%.
The current average value in the postcode is £239,656.
The NE2 2RB Sales Market has increased by 8.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.2% | £239,656 |
| June 2025 | 6.1% | £239,075 |
| June 2024 | -3.6% | £225,232 |
| June 2023 | 0.6% | £233,722 |
| June 2022 | 5.1% | £232,325 |
| June 2021 | -0.3% | £221,075 |
| June 2020 | 2.6% | £221,845 |
| June 2019 | -0.2% | £216,234 |
| June 2018 | -1.1% | £216,699 |
| June 2017 | -0.8% | £219,145 |
| June 2016 | 4.3% | £220,897 |
| June 2015 | 5.8% | £211,827 |
| June 2014 | 1% | £200,169 |
| June 2013 | 1.7% | £198,236 |
| June 2012 | -2.5% | £195,016 |
| June 2011 | -1.9% | £199,970 |
| June 2010 | 3.4% | £203,833 |
| June 2009 | -9.6% | £197,178 |
| June 2008 | -4.6% | £218,076 |
| June 2007 | 0% | £228,609 |
Rental Market Trends
The current average rental value in the postcode is £1,319.
The NE2 2RB Rental Market has increased by 52.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £1,319pcm |
| June 2025 | 4.6% | £1,274pcm |
| June 2024 | 10% | £1,218pcm |
| June 2023 | 11.4% | £1,108pcm |
| June 2022 | 8.1% | £995pcm |
| June 2021 | 3.2% | £920pcm |
| June 2020 | 2.6% | £891pcm |
| June 2019 | 0.2% | £869pcm |
| June 2018 | -0.4% | £867pcm |
| June 2017 | 0.3% | £870pcm |
| June 2016 | 2.5% | £868pcm |
| June 2015 | 2.9% | £847pcm |
| June 2014 | 2% | £823pcm |
| June 2013 | 0.6% | £807pcm |
| June 2012 | 1.7% | £802pcm |
| June 2011 | 3.5% | £789pcm |
| June 2010 | 3.1% | £762pcm |
| June 2009 | -3.8% | £739pcm |
| June 2008 | -1.2% | £768pcm |
| June 2007 | 0% | £777pcm |
Sales History
The last sale was on 4th December 2025 for £225,000 and since then the market in the area has increased by 3.9%. The postcode has had a total of 35 sales since 1995.
NE2 2RB has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Dec 2025£225,000 | 2 Bed FlatFlat 1, 9, Grosvenor Place, Newcastle Upon Tyne, NE2 2RBFlat 1, 9, Grosvenor Place, Newcastle Upon Tyne, NE2 2RB
- Sold Sep 2024£215,000 | 3 Bed Flat15B , Grosvenor Place, Newcastle Upon Tyne, NE2 2RB15B , Grosvenor Place, Newcastle Upon Tyne, NE2 2RB
- Sold Sep 2021£200,000 | 3 Bed FlatFlat 2, 4, Grosvenor Place, Newcastle Upon Tyne, NE2 2RBFlat 2, 4, Grosvenor Place, Newcastle Upon Tyne, NE2 2RB
- Sold Nov 2019£495,000 | 6 Bed House2A, Grosvenor Place, Newcastle Upon Tyne, NE2 2RB2A, Grosvenor Place, Newcastle Upon Tyne, NE2 2RB
- Sold Dec 2018£200,000 | 3 Bed FlatFlat 1, 4, Grosvenor Place, Newcastle Upon Tyne, NE2 2RBFlat 1, 4, Grosvenor Place, Newcastle Upon Tyne, NE2 2RB
Nearby Postcodes
NE2 2RB is the 572nd largest and the 410th most expensive postcode out of the 804 postcodes in the NE2 area.
- NE2 2PP, Queens Road, Jesmond, Newcastle Upon Tyne, NE2NE2 2PP23 Addresses|66 m away
- NE2 2AL, Osborne Road, Newcastle Upon Tyne, NE2NE2 2AL11 Addresses|67 m away
- NE2 2QT, Fern Avenue, Jesmond, Newcastle Upon Tyne, NE2NE2 2QT34 Addresses|86 m away
- NE2 2QX, Fern Avenue, Jesmond, Newcastle Upon Tyne, NE2NE2 2QX15 Addresses|91 m away
- NE2 2AS, Osborne Road, Newcastle Upon Tyne, NE2NE2 2AS18 Addresses|102 m away
Property Types
- 2 period houses built between 1800 and 1911
- 36 period flats built between 1800 and 1911
- period house (2)
- period flat (36)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 19 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (1)
- C (6)
- G (0)
- D (9)
- No EPC (19)
Top 3 Most Expensive Sales
- Sold Aug 2025£923,000 | 6 Bed House27, Grosvenor Place, Newcastle Upon Tyne, NE2 2RD27, Grosvenor Place, Newcastle Upon Tyne, NE2 2RD
- Sold Nov 2025£746,000 | 6 Bed House46, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE46, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
- Sold Apr 2024£715,000 | 6 Bed House18, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE18, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
Schools Nearby
- West Jesmond Primary School400 m away
- St Catherine's Catholic Primary School900 m away
- South Gosforth First School1.4 km away
- Jesmond Park Academy1.0 km away
- St Mary's Catholic School2.0 km away
- North East Futures UTC2.7 km away
More reading links
Public Transport Nearby
The closest station to NE2 2RB is Manors station, which is 1.9 kilometres away.
- Manors|1.9 km away
- Newcastle|2.6 km away
- Dunston|5.0 km away
- Heworth|5.2 km away
