Grosvenor Road - NE2 2RL
Key Postcode Insights
NE2 2RL is a residential postcode situated on Grosvenor Road, Newcastle Upon Tyne, NE2 with 20 addresses.
It ranks as the 394th largest and 650th most expensive of the 804 postcodes in the NE2 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 20 properties: 20 houses.
- Ave. Sale Price
- £435,591
- 10 Year change
- up 23.1%
- Ave. Rental Price
- £2,422pcm
- 10 Year change
- up 68.4%
- Ave. £ per ft²
- £325/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Key Postcode Insights
NE2 2RL is a residential postcode situated on Grosvenor Road, Newcastle Upon Tyne, NE2 with 20 addresses.
It ranks as the 394th largest and 650th most expensive of the 804 postcodes in the NE2 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 20 properties: 20 houses.
- Ave. Sale Price
- £435,591
- 10 Year change
- up 23.1%
- Ave. Rental Price
- £2,422pcm
- 10 Year change
- up 68.4%
- Ave. £ per ft²
- £325/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Explore Propertiesin NE2 2RL
- 9 Grosvenor Road
House
- 11 Grosvenor Road
3 Bed Period House
- 13 Grosvenor Road
4 Bed Period House
- 15 Grosvenor Road
House
- 17 Grosvenor Road
5 Bed Mid-century House
Sales Market Trends
The last sale in NE2 2RL sold for £445,000 on 30th January 2024. Since then prices are up an average of 8.3%.
The current average value in the postcode is £435,591.
The NE2 2RL Sales Market has increased by 23.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.2% | £435,591 |
| June 2025 | 7.4% | £430,522 |
| June 2024 | -2.7% | £400,748 |
| June 2023 | 1.9% | £411,923 |
| June 2022 | 7.1% | £404,296 |
| June 2021 | 2.2% | £377,394 |
| June 2020 | 2.7% | £369,265 |
| June 2019 | 0.6% | £359,617 |
| June 2018 | 0.4% | £357,451 |
| June 2017 | 0.6% | £355,986 |
| June 2016 | 4.4% | £353,733 |
| June 2015 | 6% | £338,825 |
| June 2014 | 1.9% | £319,714 |
| June 2013 | 1.8% | £313,655 |
| June 2012 | -1.4% | £308,156 |
| June 2011 | -2.3% | £312,433 |
| June 2010 | 5.2% | £319,822 |
| June 2009 | -9% | £304,063 |
| June 2008 | -3.5% | £334,006 |
| June 2007 | 0% | £346,175 |
Rental Market Trends
The current average rental value in the postcode is £2,422.
The NE2 2RL Rental Market has increased by 68.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.2% | £2,422pcm |
| June 2025 | 6.3% | £2,325pcm |
| June 2024 | 9.7% | £2,186pcm |
| June 2023 | 11.9% | £1,993pcm |
| June 2022 | 10.9% | £1,781pcm |
| June 2021 | 5.3% | £1,607pcm |
| June 2020 | 2.7% | £1,526pcm |
| June 2019 | 0.9% | £1,486pcm |
| June 2018 | 0.9% | £1,473pcm |
| June 2017 | 1.5% | £1,460pcm |
| June 2016 | 3% | £1,438pcm |
| June 2015 | 3.1% | £1,397pcm |
| June 2014 | 2.5% | £1,355pcm |
| June 2013 | 1% | £1,322pcm |
| June 2012 | 2.3% | £1,308pcm |
| June 2011 | 2.6% | £1,279pcm |
| June 2010 | 4.8% | £1,246pcm |
| June 2009 | -3.3% | £1,189pcm |
| June 2008 | 0.4% | £1,230pcm |
| June 2007 | 0% | £1,225pcm |
Sales History
The last sale was on 30th January 2024 for £445,000 and since then the market in the area has increased by 8.3%. The postcode has had a total of 24 sales since 1995.
NE2 2RL has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Jan 2024£445,000 | 4 Bed House25, Grosvenor Road, Newcastle Upon Tyne, NE2 2RL25, Grosvenor Road, Newcastle Upon Tyne, NE2 2RL
- Sold Sep 2023£401,000 | 3 Bed House37, Grosvenor Road, Newcastle Upon Tyne, NE2 2RL37, Grosvenor Road, Newcastle Upon Tyne, NE2 2RL
- Sold May 2023£360,000 | 3 Bed House39, Grosvenor Road, Newcastle Upon Tyne, NE2 2RL39, Grosvenor Road, Newcastle Upon Tyne, NE2 2RL
- Sold Jun 2021£415,000 | 5 Bed House19, Grosvenor Road, Newcastle Upon Tyne, NE2 2RL19, Grosvenor Road, Newcastle Upon Tyne, NE2 2RL
- Sold Feb 2018£355,000 | 3 Bed House11, Grosvenor Road, Newcastle Upon Tyne, NE2 2RL11, Grosvenor Road, Newcastle Upon Tyne, NE2 2RL
Nearby Postcodes
NE2 2RL is the 394th largest and the 650th most expensive postcode out of the 804 postcodes in the NE2 area.
- NE2 2RP, Grosvenor Road, Newcastle Upon Tyne, NE2NE2 2RP49 Addresses|32 m away
- NE2 2NQ, Grosvenor Avenue, Newcastle Upon Tyne, NE2NE2 2NQ13 Addresses|61 m away
- NE2 2NE, Cavendish Place, Newcastle Upon Tyne, NE2NE2 2NE29 Addresses|73 m away
- NE2 2NA, Manor House Road, Newcastle Upon Tyne, NE2NE2 2NA9 Addresses|98 m away
- NE2 2PN, The Grove, Jesmond, Newcastle Upon Tyne, NE2NE2 2PN3 Addresses|99 m away
Property Types
- 10 period houses built between 1800 and 1911
- 2 mid-century houses built between 1936 and 1979
- 8 other addresses of unknown type
- period house (10)
- mid-century house (2)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 12 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (4)
- G (0)
- D (6)
- No EPC (8)
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 School600 m away
- St Catherine's Catholic Primary School900 m away
- Cragside Primary School1.1 km away
- Jesmond Park Academy700 m away
- St Mary's Catholic School1.7 km away
- Benfield School2.6 km away
More reading links
Public Transport Nearby
The closest station to NE2 2RL is Manors station, which is 2.1 kilometres away.
- Manors|2.1 km away
- Newcastle|2.9 km away
- Heworth|5.3 km away
- Dunston|5.3 km away
