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NE2 2REHouse Prices / North East, Newcastle upon Tyne, Grosvenor Place
Last updated May 2026
Key Postcode Insights
NE2 2RE is a residential postcode situated on Grosvenor Place, Newcastle Upon Tyne, NE2 with 39 addresses.
It ranks as the 921st largest and 933rd most expensive of the 1,193 postcodes in the NE2 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 39 properties: 14 houses and 25 flats.
39
Properties
- Houses
- Flats
Key Postcode Insights
NE2 2RE is a residential postcode situated on Grosvenor Place, Newcastle Upon Tyne, NE2 with 39 addresses.
It ranks as the 921st largest and 933rd most expensive of the 1,193 postcodes in the NE2 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 39 properties: 14 houses and 25 flats.
39
Properties
- Houses
- Flats
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House Pricesin NE2 2RE
Sale prices range from £103,796 for 2 bedroom leasehold flats (688 ft2) to £765,101 for 6 bedroom freehold houses with a garden (2,906 ft2) .
Monthly rental prices range from £820 pcm for 2 bed flats to £2,859 pcm for 6 bed houses.
The gross rental yield is between 4.5% and 9.6%.
The average value per square foot is £283.
Average Sale Value
£364,246
Average Rental Value
£1,671 pcm
Average Rental Yield
5.5% /year
Average Value Per Sqft
£283 /ft2
Sales Market Trendsin NE2 2RE
The last sale in NE2 2RE sold for £746,000 on 24th November 2025. Since then prices are up an average of 1.3%.
The current average value in the postcode is £364,246.
The NE2 2RE Sales Market has increased by 17.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.3% | £364,246 |
| April 2025 | 4.7% | £363,331 |
| April 2024 | -2.9% | £347,097 |
| April 2023 | 5.7% | £357,338 |
| April 2022 | 3.5% | £338,184 |
| April 2021 | 3.1% | £326,813 |
| April 2020 | 2.4% | £316,858 |
| April 2019 | 0% | £309,336 |
| April 2018 | 0.5% | £309,290 |
| April 2017 | -1.1% | £307,640 |
| April 2016 | 4% | £310,972 |
| April 2015 | 3.5% | £298,916 |
| April 2014 | 2.1% | £288,681 |
| April 2013 | 0.8% | £282,658 |
| April 2012 | -2% | £280,551 |
| April 2011 | -1.8% | £286,406 |
| April 2010 | 2.9% | £291,653 |
| April 2009 | -10.9% | £283,523 |
| April 2008 | -0.6% | £318,287 |
| April 2007 | 0% | £320,266 |
Rental Market Trendsin NE2 2RE
The current average rental value in the postcode is £1,671.
The NE2 2RE Rental Market has increased by 62.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.1% | £1,671pcm |
| April 2025 | 7.3% | £1,621pcm |
| April 2024 | 11.4% | £1,510pcm |
| April 2023 | 10.1% | £1,355pcm |
| April 2022 | 8.2% | £1,231pcm |
| April 2021 | 4.4% | £1,137pcm |
| April 2020 | 4.4% | £1,090pcm |
| April 2019 | 1.7% | £1,043pcm |
| April 2018 | -0.6% | £1,026pcm |
| April 2017 | 0% | £1,032pcm |
| April 2016 | 2.7% | £1,032pcm |
| April 2015 | 3% | £1,005pcm |
| April 2014 | 1.3% | £975pcm |
| April 2013 | 0.2% | £963pcm |
| April 2012 | 1.3% | £961pcm |
| April 2011 | 4.4% | £948pcm |
| April 2010 | 2.9% | £908pcm |
| April 2009 | -4.3% | £883pcm |
| April 2008 | -1.2% | £923pcm |
| April 2007 | 0% | £934pcm |
Properties and Buildingsin NE2 2RE, Grosvenor Place, Newcastle Upon Tyne, NE2
- 6, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
- 8, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE5 bed period house
- 10, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
- 12, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE5 bed period house
- 14, Grosvenor Place, Newcastle Upon Tyne, NE2Building2 units
- 16, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE5 bed period house
- 18, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE5 bed period house
- 20, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
- 22, Grosvenor Place, Newcastle Upon Tyne, NE2Building3 units
- 24, Grosvenor Place, Newcastle Upon Tyne, NE2 building4 units
- 26, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
- 28, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE5 bed house
- 30, Grosvenor Place, Newcastle Upon Tyne, NE2Building3 units
- 32, Grosvenor Place, Newcastle Upon Tyne, NE2 building5 units
- 34, Grosvenor Place, Newcastle Upon Tyne, NE2Building5 units
- 36, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE5 bed period house
- 38, Grosvenor Place, Newcastle Upon Tyne, NE2Building3 units
- 40, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
- 42, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE5 bed period house
- 44, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
- 46, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE5 bed period house
Sales Historyin NE2 2RE
The last sale was on 24th November 2025 for £746,000 and since then the market in the area has increased by 1.3%. The postcode has had a total of 39 sales since 1995.
NE2 2RE has seen 5 sales in the last three years and 1 sale in the last twelve months.
Sold Nov 2025£746,000 | 6 Bed HouseGrosvenor Place46, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
Sold Mar 2025£650,000 | 5 Bed HouseGrosvenor Place12, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
Sold Nov 2024£306,000 | 3 Bed Flat38, Grosvenor PlaceFlat B, 38, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
Sold Apr 2024£715,000 | 6 Bed HouseGrosvenor Place18, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
Sold Jun 2023£260,000 | 3 Bed Flat38, Grosvenor PlaceFlat C, 38, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
Sold Sep 2019£240,000 | 3 Bed Flat38, Grosvenor PlaceFlat C, 38, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
Sold Jul 2019£500,000 | 6 Bed HouseGrosvenor Place36, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
Sold Jan 2018£465,000 | 5 Bed HouseGrosvenor Place8, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
Sold Nov 2017£198,000 | 3 Bed Flat30, Grosvenor PlaceFlat C, 30, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
Sold Nov 2017£200,000 | 3 Bed Flat30, Grosvenor PlaceFlat C, 30, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
Sold Jan 2016£555,000 | 5 Bed HouseGrosvenor Place16, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
Sold Jul 2015£550,000 | 6 Bed HouseGrosvenor Place18, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
Sold Jul 2015£450,000 | 6 Bed HouseGrosvenor Place42, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
Sold May 2015£210,000 | 3 Bed Flat38, Grosvenor PlaceFlat B, 38, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
Sold Feb 2015£220,000 | 3 Bed Flat30, Grosvenor PlaceFlat B, 30, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
Sold Dec 2013£550,000 | 6 Bed HouseGrosvenor Place46, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
Sold Oct 2012£185,000 | 3 Bed Flat30, Grosvenor PlaceFlat B, 30, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
Sold Nov 2011£189,950 | 3 Bed Flat30, Grosvenor PlaceFlat C, 30, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
Sold Oct 2011£537,500 | 5 Bed HouseGrosvenor Place28, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
Sold Apr 2009£500,000 | 5 Bed HouseGrosvenor Place12, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
Sold Jul 2007£485,000 | 6 Bed HouseGrosvenor Place18, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
Sold Jun 2007£572,000 | 5 Bed HouseGrosvenor Place16, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
Sold Sep 2006£195,000 | 3 Bed Flat38, Grosvenor PlaceFlat C, 38, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
Sold Jul 2006£430,000 | 6 Bed HouseGrosvenor Place46, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
Sold Feb 2005£227,500 | 3 Bed Flat30, Grosvenor PlaceFlat A, 30, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
Sold Sep 2004£450,000 | 5 Bed HouseGrosvenor Place28, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
Sold Sep 2002£129,000 | 3 Bed Flat30, Grosvenor PlaceFlat C, 30, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
Sold Mar 2002£133,000 | 3 Bed Flat34, Grosvenor PlaceFlat B, 34, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
Sold Jun 2001£240,100 | 5 Bed HouseGrosvenor Place16, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
Sold Apr 2001£118,500 | 3 Bed Flat30, Grosvenor PlaceFlat B, 30, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
Sold Mar 2001£99,950 | 3 Bed Flat38, Grosvenor PlaceFlat C, 38, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
Sold Oct 2000£89,000 | 3 Bed Flat30, Grosvenor PlaceFlat A, 30, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
Sold Mar 2000£200,000 | 6 Bed HouseGrosvenor Place36, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
Sold Aug 1999£167,000 | 5 Bed HouseGrosvenor Place12, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
Sold May 1999£68,000 | 3 Bed Flat30, Grosvenor PlaceFlat B, 30, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
Sold Oct 1998£68,000 | 3 Bed Flat30, Grosvenor PlaceFlat A, 30, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
Sold Aug 1997£67,500 | 3 Bed Flat38, Grosvenor PlaceFlat B, 38, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
Sold Jun 1997£49,000 | 3 Bed Flat30, Grosvenor PlaceFlat C, 30, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
Sold Nov 1996£68,000 | 3 Bed Flat34, Grosvenor PlaceFlat B, 34, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
Nearby Postcodesto NE2 2RE
NE2 2RE is the 921st largest and the 933rd most expensive postcode out of the 1,193 postcodes in the NE2 area.
- 39 mNE2 2PJ, Queens Terrace, Newcastle Upon Tyne, NE2NE2 2PJ79 Addresses
- 48 mNE2 2RD, Grosvenor Place, Newcastle Upon Tyne, NE2NE2 2RD46 Addresses
- 69 mNE2 2RJ, Grosvenor Road, Newcastle Upon Tyne, NE2NE2 2RJ11 Addresses
- 92 mNE2 2AP, Osborne Road, Newcastle Upon Tyne, NE2NE2 2AP8 Addresses
- 111 mNE2 2RH, Grosvenor Villas, Newcastle Upon Tyne, NE2NE2 2RH15 Addresses
- 131 mNE2 2PP, Queens Road, Jesmond, Newcastle Upon Tyne, NE2NE2 2PP23 Addresses
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Property Typesin NE2 2RE
- 7 period houses built between 1800 and 1911
- 1 house of an unknown age
- 31 other addresses of unknown type
- period house (7)
- house (1)
- Unknown (31)
Energy Efficiencyof properties in NE2 2RE
- Energy Performance Certificate (EPC) surveys conducted for 16 properties.
- The dominant rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (5)
- G (0)
- D (8)
- No EPC (23)
Top 3 Most Expensive Saleson Grosvenor Place
- Sold Aug 2025£923,000 | 6 Bed HouseGrosvenor Place27, Grosvenor Place, Newcastle Upon Tyne, NE2 2RD
- Sold Nov 2025£746,000 | 6 Bed HouseGrosvenor Place46, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
- Sold Apr 2024£715,000 | 6 Bed HouseGrosvenor Place18, Grosvenor Place, Newcastle Upon Tyne, NE2 2RE
Schools Nearbyto NE2 2RE
The nearest primary school to NE2 2RE is West Jesmond Primary School which is 404 metres away.
- 404mWest Jesmond Primary School
- 943mSt Catherine's Catholic Primary School
- 1.3kmSouth Gosforth First School
The nearest secondary school is Jesmond Park Academy which is 929 metres away.
- 929mJesmond Park Academy
- 1.9kmSt Mary's Catholic School
- 2.7kmBenfield School
More reading links
Public Transport Nearbyto NE2 2RE
The closest station to NE2 2RE is Manors station which is 2.0 kilometres away.
- 2.0kmManors
- 2.7kmNewcastle
- 5.2kmDunston
- 5.3kmHeworth
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