Grosvenor Road - NE2 2RJ
Key Postcode Insights
NE2 2RJ is a residential postcode situated on Grosvenor Road, Newcastle Upon Tyne, NE2 with 11 addresses.
It ranks as the 267th largest and 86th most expensive of the 804 postcodes in the NE2 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 11 properties: 1 house and 10 flats.
- Ave. Sale Price
- £152,852
- 10 Year change
- up 12.0%
- Ave. Rental Price
- £984pcm
- 10 Year change
- up 55.4%
- Ave. £ per ft²
- £310/ft²
- Ave. Gross Yield
- 7.7%/year/yr
Key Postcode Insights
NE2 2RJ is a residential postcode situated on Grosvenor Road, Newcastle Upon Tyne, NE2 with 11 addresses.
It ranks as the 267th largest and 86th most expensive of the 804 postcodes in the NE2 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 11 properties: 1 house and 10 flats.
- Ave. Sale Price
- £152,852
- 10 Year change
- up 12.0%
- Ave. Rental Price
- £984pcm
- 10 Year change
- up 55.4%
- Ave. £ per ft²
- £310/ft²
- Ave. Gross Yield
- 7.7%/year/yr
Explore Propertiesin NE2 2RJ
Sales Market Trends
The last sale in NE2 2RJ sold for £375,000 on 1st November 2019. Since then prices are up an average of 11.5%.
The current average value in the postcode is £152,852.
The NE2 2RJ Sales Market has increased by 12.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.4% | £152,852 |
| June 2025 | 7.1% | £152,177 |
| June 2024 | -2.9% | £142,107 |
| June 2023 | 0% | £146,367 |
| June 2022 | 6.3% | £146,339 |
| June 2021 | 0.7% | £137,620 |
| June 2020 | 2.2% | £136,714 |
| June 2019 | -0.1% | £133,790 |
| June 2018 | -1% | £133,963 |
| June 2017 | -0.9% | £135,334 |
| June 2016 | 3.8% | £136,505 |
| June 2015 | 5% | £131,571 |
| June 2014 | 0.8% | £125,335 |
| June 2013 | 1.3% | £124,329 |
| June 2012 | -2.3% | £122,734 |
| June 2011 | -2.8% | £125,676 |
| June 2010 | 1.9% | £129,298 |
| June 2009 | -10.3% | £126,874 |
| June 2008 | -4.2% | £141,413 |
| June 2007 | 0% | £147,647 |
Rental Market Trends
The current average rental value in the postcode is £984.
The NE2 2RJ Rental Market has increased by 55.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.6% | £984pcm |
| June 2025 | 5.7% | £950pcm |
| June 2024 | 10.3% | £899pcm |
| June 2023 | 10.4% | £815pcm |
| June 2022 | 9.7% | £738pcm |
| June 2021 | 4.1% | £673pcm |
| June 2020 | 2.2% | £647pcm |
| June 2019 | 0.2% | £633pcm |
| June 2018 | -0.4% | £632pcm |
| June 2017 | 0.1% | £634pcm |
| June 2016 | 2.1% | £633pcm |
| June 2015 | 2.1% | £620pcm |
| June 2014 | 1.7% | £607pcm |
| June 2013 | 0.4% | £597pcm |
| June 2012 | 1.6% | £595pcm |
| June 2011 | 2.4% | £586pcm |
| June 2010 | 1.6% | £572pcm |
| June 2009 | -4.6% | £563pcm |
| June 2008 | -0.6% | £590pcm |
| June 2007 | 0% | £594pcm |
Sales History
The last sale was on 1st November 2019 for £375,000 and since then the market in the area has increased by 11.5%. 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 Postcodes
NE2 2RJ is the 267th largest and the 86th most expensive postcode out of the 804 postcodes in the NE2 area.
- NE2 2RH, Grosvenor Villas, Newcastle Upon Tyne, NE2NE2 2RH15 Addresses|42 m away
- NE2 2RD, Grosvenor Place, Newcastle Upon Tyne, NE2NE2 2RD46 Addresses|60 m away
- NE2 2RE, Grosvenor Place, Newcastle Upon Tyne, NE2NE2 2RE39 Addresses|69 m away
- NE2 2PJ, Queens Terrace, Newcastle Upon Tyne, NE2NE2 2PJ79 Addresses|79 m away
- NE2 2TG, Sycamore Close, Newcastle Upon Tyne, NE2NE2 2TG8 Addresses|91 m away
Property Types
- 1 period house built between 1800 and 1911
- 10 modern flats built after 1980
- period house (1)
- modern flat (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (10)
- G (0)
- D (0)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Jun 2025£450,000 | 5 Bed House130, Grosvenor Road, Newcastle Upon Tyne, NE2 2RQ130, Grosvenor Road, Newcastle Upon Tyne, NE2 2RQ
- Sold Jan 2024£445,000 | 4 Bed House25, Grosvenor Road, Newcastle Upon Tyne, NE2 2RL25, Grosvenor Road, Newcastle Upon Tyne, NE2 2RL
- Sold Jul 2008£425,000 | 5 Bed House128, Grosvenor Road, Newcastle Upon Tyne, NE2 2RQ128, Grosvenor Road, Newcastle Upon Tyne, NE2 2RQ
Schools Nearby
- West Jesmond Primary School400 m away
- St Catherine's Catholic Primary School1.0 km away
- South Gosforth First School1.2 km away
- Jesmond Park Academy900 m away
- St Mary's Catholic School1.8 km away
- Gosforth Academy2.7 km away
More reading links
Public Transport Nearby
The closest station to NE2 2RJ is Manors station, which is 2.1 kilometres away.
- Manors|2.1 km away
- Newcastle|2.8 km away
- Dunston|5.3 km away
- Heworth|5.4 km away