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Bricks&Logic is a trading name of Urban Markets Ltd
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
NE2 2RJHouse Prices / North East, Newcastle upon Tyne, Grosvenor Road
Last updated May 2026
Key Postcode Insights
NE2 2RJ is a residential postcode situated on Grosvenor Road, Newcastle Upon Tyne, NE2 with 11 addresses.
It ranks as the 342nd largest and 566th most expensive of the 1,193 postcodes in the NE2 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 11 properties: 1 house and 10 flats.
11
Properties
- Houses
- Flats
Key Postcode Insights
NE2 2RJ is a residential postcode situated on Grosvenor Road, Newcastle Upon Tyne, NE2 with 11 addresses.
It ranks as the 342nd largest and 566th most expensive of the 1,193 postcodes in the NE2 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 11 properties: 1 house and 10 flats.
11
Properties
- Houses
- Flats
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House Pricesin NE2 2RJ
Sale prices range from £103,796 for 2 bedroom Leasehold flats (495 ft2) to £470,368 for 5 bedroom freehold houses with a garden (1,732 ft2) .
Monthly rental prices range from £829 pcm for 2 bed flats to £2,319 pcm for 5 bed houses.
The gross rental yield is between 5.9% and 9.6%.
The average value per square foot is £435.
Average Sale Value
£189,036
Average Rental Value
£1,147 pcm
Average Rental Yield
7.3% /year
Average Value Per Sqft
£435 /ft2
Sales Market Trendsin NE2 2RJ
The last sale in NE2 2RJ sold for £375,000 on 1st November 2019. Since then prices are up an average of 17.3%.
The current average value in the postcode is £189,036.
The NE2 2RJ Sales Market has increased by 18.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0% | £189,036 |
| April 2025 | 5% | £189,044 |
| April 2024 | -3% | £180,084 |
| April 2023 | 5.9% | £185,701 |
| April 2022 | 3.9% | £175,391 |
| April 2021 | 3.3% | £168,733 |
| April 2020 | 2.5% | £163,400 |
| April 2019 | 0% | £159,481 |
| April 2018 | 0.8% | £159,441 |
| April 2017 | -1.1% | £158,132 |
| April 2016 | 3.7% | £159,908 |
| April 2015 | 3.5% | £154,129 |
| April 2014 | 2% | £148,895 |
| April 2013 | 1.3% | £145,974 |
| April 2012 | -2% | £144,095 |
| April 2011 | -2.3% | £147,003 |
| April 2010 | 2.9% | £150,442 |
| April 2009 | -10.9% | £146,181 |
| April 2008 | -0.1% | £164,019 |
| April 2007 | 0% | £164,140 |
Rental Market Trendsin NE2 2RJ
The current average rental value in the postcode is £1,147.
The NE2 2RJ Rental Market has increased by 63.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.9% | £1,147pcm |
| April 2025 | 7.7% | £1,115pcm |
| April 2024 | 11.2% | £1,035pcm |
| April 2023 | 10.4% | £931pcm |
| April 2022 | 8.7% | £844pcm |
| April 2021 | 4.5% | £776pcm |
| April 2020 | 4.5% | £743pcm |
| April 2019 | 1.7% | £711pcm |
| April 2018 | -0.3% | £699pcm |
| April 2017 | -0.1% | £701pcm |
| April 2016 | 2.4% | £701pcm |
| April 2015 | 3% | £685pcm |
| April 2014 | 1.1% | £665pcm |
| April 2013 | 0.8% | £657pcm |
| April 2012 | 1.4% | £652pcm |
| April 2011 | 3.9% | £643pcm |
| April 2010 | 2.9% | £619pcm |
| April 2009 | -4.3% | £602pcm |
| April 2008 | -0.6% | £629pcm |
| April 2007 | 0% | £632pcm |
Properties and Buildingsin NE2 2RJ, Grosvenor Road, Newcastle Upon Tyne, NE2
Sales Historyin NE2 2RJ
The last sale was on 1st November 2019 for £375,000 and since then the market in the area has increased by 17.3%. The postcode has had a total of 2 sales since 1995.
NE2 2RJ has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodesto NE2 2RJ
NE2 2RJ is the 342nd largest and the 566th most expensive postcode out of the 1,193 postcodes in the NE2 area.
- 42 mNE2 2RH, Grosvenor Villas, Newcastle Upon Tyne, NE2NE2 2RH15 Addresses
- 60 mNE2 2RD, Grosvenor Place, Newcastle Upon Tyne, NE2NE2 2RD46 Addresses
- 69 mNE2 2RE, Grosvenor Place, Newcastle Upon Tyne, NE2NE2 2RE39 Addresses
- 79 mNE2 2PJ, Queens Terrace, Newcastle Upon Tyne, NE2NE2 2PJ79 Addresses
- 91 mNE2 2TG, Sycamore Close, Newcastle Upon Tyne, NE2NE2 2TG8 Addresses
- 92 mNE2 2PL, Queens Terrace, Newcastle Upon Tyne, NE2NE2 2PL13 Addresses
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Property Typesin NE2 2RJ
- 1 period house built between 1800 and 1911
- 10 modern flats built after 1980
- period house (1)
- modern flat (10)
Energy Efficiencyof properties in NE2 2RJ
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (10)
- G (0)
- D (0)
- No EPC (1)
Top 3 Most Expensive Saleson Grosvenor Road
Schools Nearbyto NE2 2RJ
The nearest primary school to NE2 2RJ is West Jesmond Primary School which is 425 metres away.
- 425mWest Jesmond Primary School
- 1.0kmSt Catherine's Catholic Primary School
- 1.2kmSouth Gosforth First School
The nearest secondary school is Jesmond Park Academy which is 889 metres away.
- 889mJesmond Park Academy
- 1.8kmSt Mary's Catholic School
- 2.7kmGosforth Academy
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Public Transport Nearbyto NE2 2RJ
The closest station to NE2 2RJ is Manors station which is 2.1 kilometres away.
- 2.1kmManors
- 2.8kmNewcastle
- 5.3kmDunston
- 5.4kmHeworth
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