Grosvenor Road - NE2 2RQ
Key Postcode Insights
NE2 2RQ is a residential postcode situated on Grosvenor Road, Newcastle Upon Tyne, NE2 with 39 addresses.
It ranks as the 577th largest and 370th most expensive of the 804 postcodes in the NE2 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 39 properties: 5 houses and 34 flats.
- Ave. Sale Price
- £233,578
- 10 Year change
- up 16.7%
- Ave. Rental Price
- £1,339pcm
- 10 Year change
- up 59.6%
- Ave. £ per ft²
- £255/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Key Postcode Insights
NE2 2RQ is a residential postcode situated on Grosvenor Road, Newcastle Upon Tyne, NE2 with 39 addresses.
It ranks as the 577th largest and 370th most expensive of the 804 postcodes in the NE2 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 39 properties: 5 houses and 34 flats.
- Ave. Sale Price
- £233,578
- 10 Year change
- up 16.7%
- Ave. Rental Price
- £1,339pcm
- 10 Year change
- up 59.6%
- Ave. £ per ft²
- £255/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Explore Propertiesin NE2 2RQ
- 54 Grosvenor Road
4 Bed Period House
- 56 Grosvenor Road
4 Bed Period House
- 58 Grosvenor Road
4 Bed Period House
- 60 Grosvenor Road
3 Bed Period Flat
- 62 Grosvenor Road
2 Bed Period Flat
Sales Market Trends
The last sale in NE2 2RQ sold for £197,500 on 31st July 2025. Since then prices are up an average of 0.4%.
The current average value in the postcode is £233,578.
The NE2 2RQ Sales Market has increased by 16.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.8% | £233,578 |
| June 2025 | 6.6% | £231,803 |
| June 2024 | -2.7% | £217,497 |
| June 2023 | 1.5% | £223,584 |
| June 2022 | 5.8% | £220,180 |
| June 2021 | 1.3% | £208,053 |
| June 2020 | 2.6% | £205,464 |
| June 2019 | 0.2% | £200,218 |
| June 2018 | -0.2% | £199,733 |
| June 2017 | -0.1% | £200,045 |
| June 2016 | 4.1% | £200,209 |
| June 2015 | 5.5% | £192,373 |
| June 2014 | 1.6% | £182,381 |
| June 2013 | 1.5% | £179,536 |
| June 2012 | -2% | £176,922 |
| June 2011 | -2.2% | £180,590 |
| June 2010 | 4% | £184,589 |
| June 2009 | -9.5% | £177,445 |
| June 2008 | -4.4% | £196,022 |
| June 2007 | 0% | £205,079 |
Rental Market Trends
The current average rental value in the postcode is £1,339.
The NE2 2RQ Rental Market has increased by 59.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.8% | £1,339pcm |
| June 2025 | 5.5% | £1,291pcm |
| June 2024 | 9.7% | £1,223pcm |
| June 2023 | 11.5% | £1,115pcm |
| June 2022 | 9.5% | £1,000pcm |
| June 2021 | 4.3% | £913pcm |
| June 2020 | 2.6% | £875pcm |
| June 2019 | 0.5% | £853pcm |
| June 2018 | 0.3% | £849pcm |
| June 2017 | 0.8% | £846pcm |
| June 2016 | 2.7% | £839pcm |
| June 2015 | 2.6% | £818pcm |
| June 2014 | 2.1% | £797pcm |
| June 2013 | 0.7% | £780pcm |
| June 2012 | 1.6% | £774pcm |
| June 2011 | 2.8% | £762pcm |
| June 2010 | 3.6% | £741pcm |
| June 2009 | -3.8% | £716pcm |
| June 2008 | -0.6% | £744pcm |
| June 2007 | 0% | £748pcm |
Sales History
The last sale was on 31st July 2025 for £197,500 and since then the market in the area has increased by 0.4%. The postcode has had a total of 80 sales since 1995.
NE2 2RQ has seen 3 sales in the last three years and 1 sale in the last twelve months.
- Sold Jul 2025£197,500 | 2 Bed Flat66, Grosvenor Road, Newcastle Upon Tyne, NE2 2RQ66, Grosvenor Road, Newcastle Upon Tyne, NE2 2RQ
- Sold Jun 2025£450,000 | 5 Bed House130, Grosvenor Road, Newcastle Upon Tyne, NE2 2RQ130, Grosvenor Road, Newcastle Upon Tyne, NE2 2RQ
- Sold Feb 2024£173,000 | 2 Bed Flat70, Grosvenor Road, Newcastle Upon Tyne, NE2 2RQ70, Grosvenor Road, Newcastle Upon Tyne, NE2 2RQ
- Sold Dec 2020£146,500 | 2 Bed Flat66, Grosvenor Road, Newcastle Upon Tyne, NE2 2RQ66, Grosvenor Road, Newcastle Upon Tyne, NE2 2RQ
- Sold Sep 2019£181,000 | 3 Bed Flat92, Grosvenor Road, Newcastle Upon Tyne, NE2 2RQ92, Grosvenor Road, Newcastle Upon Tyne, NE2 2RQ
Nearby Postcodes
NE2 2RQ is the 577th largest and the 370th most expensive postcode out of the 804 postcodes in the NE2 area.
- NE2 2RN, Grosvenor Road, Newcastle Upon Tyne, NE2NE2 2RN32 Addresses|27 m away
- NE2 2NJ, Cavendish Road, Newcastle Upon Tyne, NE2NE2 2NJ55 Addresses|37 m away
- NE2 2NN, Grosvenor Avenue, Newcastle Upon Tyne, NE2NE2 2NN30 Addresses|61 m away
- NE2 2NL, Jesmond Dene Road, Newcastle Upon Tyne, NE2NE2 2NL12 Addresses|75 m away
- NE2 2JS, Valley View, Jesmond, Newcastle Upon Tyne, NE2NE2 2JS21 Addresses|96 m away
Property Types
- 5 period houses built between 1800 and 1911
- 30 period flats built between 1800 and 1911
- 4 other addresses of unknown type
- period house (5)
- period flat (30)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 35 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (10)
- G (0)
- D (22)
- No EPC (4)
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 School800 m away
- St Catherine's Catholic Primary School800 m away
- Cragside Primary School1.1 km away
- Jesmond Park Academy600 m away
- St Mary's Catholic School1.8 km away
- Benfield School2.4 km away
More reading links
Public Transport Nearby
The closest station to NE2 2RQ is Manors station, which is 2.1 kilometres away.
- Manors|2.1 km away
- Newcastle|2.9 km away
- Heworth|5.1 km away
- Dunston|5.4 km away
