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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
NE2 2RHHouse Prices / North East, Newcastle upon Tyne, Grosvenor Villas
Last updated May 2026
Key Postcode Insights
NE2 2RH is a residential postcode situated on Grosvenor Villas, Newcastle Upon Tyne, NE2 with 15 addresses.
It ranks as the 438th largest and 961st most expensive of the 1,193 postcodes in the NE2 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 15 properties: 1 house and 14 flats.
15
Properties
- Houses
- Flats
Key Postcode Insights
NE2 2RH is a residential postcode situated on Grosvenor Villas, Newcastle Upon Tyne, NE2 with 15 addresses.
It ranks as the 438th largest and 961st most expensive of the 1,193 postcodes in the NE2 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 15 properties: 1 house and 14 flats.
15
Properties
- Houses
- Flats
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House Pricesin NE2 2RH
Sale prices range from £242,606 for 2 bedroom leasehold flats (592 ft2) to £1,206,363 for 6 bedroom freehold houses with a garden (3,896 ft2) .
Monthly rental prices range from £1,355 pcm for 2 bed flats to £3,812 pcm for 6 bed houses.
The gross rental yield is between 3.8% and 6.7%.
The average value per square foot is £358.
Average Sale Value
£369,433
Average Rental Value
£1,706 pcm
Average Rental Yield
5.5% /year
Average Value Per Sqft
£358 /ft2
Sales Market Trendsin NE2 2RH
The last sale in NE2 2RH sold for £432,200 on 15th October 2024. Since then prices are up an average of 3.3%.
The current average value in the postcode is £369,433.
The NE2 2RH Sales Market has increased by 15.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0% | £369,433 |
| April 2025 | 4.4% | £369,265 |
| April 2024 | -2.4% | £353,535 |
| April 2023 | 5.4% | £362,404 |
| April 2022 | 2.8% | £343,824 |
| April 2021 | 3% | £334,405 |
| April 2020 | 2.4% | £324,731 |
| April 2019 | -0.1% | £317,076 |
| April 2018 | 0.3% | £317,352 |
| April 2017 | -0.9% | £316,282 |
| April 2016 | 4.5% | £319,088 |
| April 2015 | 3.8% | £305,437 |
| April 2014 | 2.3% | £294,210 |
| April 2013 | 0.8% | £287,501 |
| April 2012 | -1.9% | £285,129 |
| April 2011 | -1.2% | £290,749 |
| April 2010 | 3.1% | £294,417 |
| April 2009 | -10.9% | £285,453 |
| April 2008 | -1% | £320,202 |
| April 2007 | 0% | £323,505 |
Rental Market Trendsin NE2 2RH
The current average rental value in the postcode is £1,706.
The NE2 2RH Rental Market has increased by 59.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.8% | £1,706pcm |
| April 2025 | 7.1% | £1,659pcm |
| April 2024 | 11.3% | £1,549pcm |
| April 2023 | 10% | £1,392pcm |
| April 2022 | 7.7% | £1,265pcm |
| April 2021 | 4.1% | £1,174pcm |
| April 2020 | 4.3% | £1,128pcm |
| April 2019 | 1.6% | £1,082pcm |
| April 2018 | -0.6% | £1,064pcm |
| April 2017 | 0.1% | £1,071pcm |
| April 2016 | 2.9% | £1,071pcm |
| April 2015 | 3.1% | £1,040pcm |
| April 2014 | 1.5% | £1,009pcm |
| April 2013 | 0.3% | £993pcm |
| April 2012 | 1.4% | £991pcm |
| April 2011 | 4.7% | £977pcm |
| April 2010 | 3.1% | £934pcm |
| April 2009 | -4.3% | £906pcm |
| April 2008 | -1.5% | £946pcm |
| April 2007 | 0% | £960pcm |
Properties and Buildingsin NE2 2RH, Grosvenor Villas, Newcastle Upon Tyne, NE2
Sales Historyin NE2 2RH
The last sale was on 15th October 2024 for £432,200 and since then the market in the area has increased by 3.3%. The postcode has had a total of 15 sales since 1995.
NE2 2RH has seen 3 sales in the last three years and no sales in the last twelve months.
Sold Oct 2024£432,200 | 4 Bed Flat7, Grosvenor VillasFlat 1, 7, Grosvenor Villas, Newcastle Upon Tyne, NE2 2RH
Sold Oct 2024£230,000 | 2 Bed Flat1, Grosvenor VillasFlat 2, 1, Grosvenor Villas, Newcastle Upon Tyne, NE2 2RH
Sold May 2024£1,200,000 | 4 Bed Flat7, Grosvenor VillasFlat 1, 7, Grosvenor Villas, Newcastle Upon Tyne, NE2 2RH
Sold Sep 2019£365,000 | 3 Bed Flat1, Grosvenor VillasFlat 1, 1, Grosvenor Villas, Newcastle Upon Tyne, NE2 2RH
Sold Jun 2018£1,000,000 | 6 Bed HouseGrosvenor Villas3, Grosvenor Villas, Newcastle Upon Tyne, NE2 2RH
Sold Dec 2017£1,000,000 | 2 Bed Flat5, Grosvenor VillasFlat 2, 5, Grosvenor Villas, Newcastle Upon Tyne, NE2 2RH
Sold Aug 2017£197,500 | 2 Bed Flat1, Grosvenor VillasFlat 5, 1, Grosvenor Villas, Newcastle Upon Tyne, NE2 2RH
Sold Aug 2017£320,000 | 3 Bed Flat1, Grosvenor VillasFlat 1, 1, Grosvenor Villas, Newcastle Upon Tyne, NE2 2RH
Sold Jan 2017£179,000 | 2 Bed Flat1, Grosvenor VillasFlat 2, 1, Grosvenor Villas, Newcastle Upon Tyne, NE2 2RH
Sold Jun 2016£174,000 | 3 Bed Flat1, Grosvenor VillasFlat 4, 1, Grosvenor Villas, Newcastle Upon Tyne, NE2 2RH
Sold Jul 2011£785,000 | 6 Bed HouseGrosvenor Villas3, Grosvenor Villas, Newcastle Upon Tyne, NE2 2RH
Sold Jul 2004£700,000 | 2 Bed Flat5, Grosvenor VillasFlat 2, 5, Grosvenor Villas, Newcastle Upon Tyne, NE2 2RH
Sold Sep 1997£230,000 | 2 Bed Flat5, Grosvenor VillasFlat 2, 5, Grosvenor Villas, Newcastle Upon Tyne, NE2 2RH
Sold Jul 1997£150,000 | 4 Bed Flat7, Grosvenor VillasFlat 1, 7, Grosvenor Villas, Newcastle Upon Tyne, NE2 2RH
Sold Oct 1996£120,000 | 4 Bed Flat7, Grosvenor VillasFlat 1, 7, Grosvenor Villas, Newcastle Upon Tyne, NE2 2RH
Nearby Postcodesto NE2 2RH
NE2 2RH is the 438th largest and the 961st most expensive postcode out of the 1,193 postcodes in the NE2 area.
- 42 mNE2 2RJ, Grosvenor Road, Newcastle Upon Tyne, NE2NE2 2RJ11 Addresses
- 51 mNE2 2TG, Sycamore Close, Newcastle Upon Tyne, NE2NE2 2TG8 Addresses
- 61 mNE2 2PL, Queens Terrace, Newcastle Upon Tyne, NE2NE2 2PL13 Addresses
- 77 mNE2 2TD, Osborne Road, Newcastle Upon Tyne, NE2NE2 2TD22 Addresses
- 92 mNE2 2RD, Grosvenor Place, Newcastle Upon Tyne, NE2NE2 2RD46 Addresses
- 110 mNE2 2NQ, Grosvenor Avenue, Newcastle Upon Tyne, NE2NE2 2NQ13 Addresses
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Property Typesin NE2 2RH
- 1 period house built between 1800 and 1911
- 10 period flats built between 1800 and 1911
- 4 modern flats built after 1980
- period house (1)
- period flat (10)
- modern flat (4)
Energy Efficiencyof properties in NE2 2RH
- Energy Performance Certificate (EPC) surveys conducted for 13 properties.
- The dominant rating is C.
- A (0)
- E (1)
- B (1)
- F (0)
- C (9)
- G (0)
- D (2)
- No EPC (2)
Top 3 Most Expensive Saleson Grosvenor Villas
- Sold May 2024£1,200,000 | 4 Bed Flat7, Grosvenor VillasFlat 1, 7, Grosvenor Villas, Newcastle Upon Tyne, NE2 2RH
- Sold Dec 2017£1,000,000 | 2 Bed Flat5, Grosvenor VillasFlat 2, 5, Grosvenor Villas, Newcastle Upon Tyne, NE2 2RH
- Sold Jun 2018£1,000,000 | 6 Bed HouseGrosvenor Villas3, Grosvenor Villas, Newcastle Upon Tyne, NE2 2RH
Schools Nearbyto NE2 2RH
The nearest primary school to NE2 2RH is West Jesmond Primary School which is 416 metres away.
- 416mWest Jesmond Primary School
- 1.1kmSt Catherine's Catholic Primary School
- 1.2kmSouth Gosforth First School
The nearest secondary school is Jesmond Park Academy which is 896 metres away.
- 896mJesmond Park Academy
- 1.8kmSt Mary's Catholic School
- 2.7kmGosforth Academy
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Public Transport Nearbyto NE2 2RH
The closest station to NE2 2RH is Manors station which is 2.2 kilometres away.
- 2.2kmManors
- 2.8kmNewcastle
- 5.3kmDunston
- 5.4kmHeworth
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