Grosvenor Way - NE5 1RZ
Key Postcode Insights
NE5 1RZ is a residential postcode situated on Grosvenor Way, Newcastle Upon Tyne, NE5 with 10 addresses.
It ranks as the 430th largest and 1765th most expensive of the 1,834 postcodes in the NE5 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 10 properties: 10 houses.
- Ave. Sale Price
- £321,437
- 10 Year change
- up 29.8%
- Ave. Rental Price
- £1,421pcm
- 10 Year change
- up 59.2%
- Ave. £ per ft²
- £239/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
NE5 1RZ is a residential postcode situated on Grosvenor Way, Newcastle Upon Tyne, NE5 with 10 addresses.
It ranks as the 430th largest and 1765th most expensive of the 1,834 postcodes in the NE5 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 10 properties: 10 houses.
- Ave. Sale Price
- £321,437
- 10 Year change
- up 29.8%
- Ave. Rental Price
- £1,421pcm
- 10 Year change
- up 59.2%
- Ave. £ per ft²
- £239/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Propertiesin NE5 1RZ
- 36 Grosvenor Way
4 Bed Mid-century House
- 38 Grosvenor Way
House
- 40 Grosvenor Way
4 Bed Mid-century House
- 42 Grosvenor Way
House
- 47 Grosvenor Way
House
Sales Market Trends
The last sale in NE5 1RZ sold for £298,500 on 18th February 2022. Since then prices are up an average of 7.8%.
The current average value in the postcode is £321,437.
The NE5 1RZ Sales Market has increased by 29.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.2% | £321,437 |
| June 2025 | 3.9% | £322,126 |
| June 2024 | -1.3% | £309,917 |
| June 2023 | 2.6% | £313,955 |
| June 2022 | 9.3% | £305,978 |
| June 2021 | 6.3% | £280,022 |
| June 2020 | 1.5% | £263,398 |
| June 2019 | 1.4% | £259,545 |
| June 2018 | 3.7% | £256,052 |
| June 2017 | -0.3% | £246,798 |
| June 2016 | 3% | £247,664 |
| June 2015 | 3.6% | £240,422 |
| June 2014 | 3.8% | £232,016 |
| June 2013 | -0.6% | £223,477 |
| June 2012 | -0.4% | £224,870 |
| June 2011 | -2.2% | £225,871 |
| June 2010 | 4.4% | £230,846 |
| June 2009 | -10.5% | £221,028 |
| June 2008 | -0.9% | £247,025 |
| June 2007 | 0% | £249,323 |
Rental Market Trends
The current average rental value in the postcode is £1,421.
The NE5 1RZ Rental Market has increased by 59.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.9% | £1,421pcm |
| June 2025 | 5.2% | £1,394pcm |
| June 2024 | 7.3% | £1,326pcm |
| June 2023 | 11.8% | £1,236pcm |
| June 2022 | 10.6% | £1,105pcm |
| June 2021 | 4.7% | £999pcm |
| June 2020 | 2.2% | £954pcm |
| June 2019 | 2.3% | £933pcm |
| June 2018 | 0.8% | £912pcm |
| June 2017 | 1.3% | £904pcm |
| June 2016 | 1.6% | £893pcm |
| June 2015 | 2.7% | £879pcm |
| June 2014 | 1.6% | £856pcm |
| June 2013 | 0.7% | £842pcm |
| June 2012 | 0.3% | £836pcm |
| June 2011 | 0.8% | £833pcm |
| June 2010 | 4.5% | £827pcm |
| June 2009 | -1.6% | £791pcm |
| June 2008 | -0.3% | £804pcm |
| June 2007 | 0% | £806pcm |
Sales History
The last sale was on 18th February 2022 for £298,500 and since then the market in the area has increased by 7.8%. The postcode has had a total of 18 sales since 1995.
NE5 1RZ has seen no sales in the last three years and no sales in the last twelve months.
- Sold Feb 2022£298,500 | 4 Bed House51, Grosvenor Way, Newcastle Upon Tyne, NE5 1RZ51, Grosvenor Way, Newcastle Upon Tyne, NE5 1RZ
- Sold Dec 2016£280,000 | 4 Bed House57, Grosvenor Way, Newcastle Upon Tyne, NE5 1RZ57, Grosvenor Way, Newcastle Upon Tyne, NE5 1RZ
- Sold Nov 2016£265,000 | 4 Bed House51, Grosvenor Way, Newcastle Upon Tyne, NE5 1RZ51, Grosvenor Way, Newcastle Upon Tyne, NE5 1RZ
- Sold Jun 2016£227,000 | 4 Bed House40, Grosvenor Way, Newcastle Upon Tyne, NE5 1RZ40, Grosvenor Way, Newcastle Upon Tyne, NE5 1RZ
- Sold Jun 2015£270,000 | 4 Bed House36, Grosvenor Way, Newcastle Upon Tyne, NE5 1RZ36, Grosvenor Way, Newcastle Upon Tyne, NE5 1RZ
Nearby Postcodes
NE5 1RZ is the 430th largest and the 1765th most expensive postcode out of the 1,834 postcodes in the NE5 area.
- NE5 1SF, Grosvenor Way, Newcastle Upon Tyne, NE5NE5 1SF14 Addresses|89 m away
- NE5 5NR, Wedmore Road, Newcastle Upon Tyne, NE5NE5 5NR41 Addresses|102 m away
- NE5 1SJ, Glebe Close, Newcastle Upon Tyne, NE5NE5 1SJ9 Addresses|115 m away
- NE5 5LY, Langdon Road, Newcastle Upon Tyne, NE5NE5 5LY22 Addresses|142 m away
- NE5 1RX, Grosvenor Court, Newcastle Upon Tyne, NE5NE5 1RX44 Addresses|145 m away
Property Types
- 5 mid-century houses built between 1936 and 1979
- 5 other addresses of unknown type
- mid-century house (5)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (5)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Dec 2020£320,000 | 5 Bed House68, Grosvenor Way, Newcastle Upon Tyne, NE5 1RU68, Grosvenor Way, Newcastle Upon Tyne, NE5 1RU
- Sold May 2022£315,000 | 3 Bed House72, Grosvenor Way, Newcastle Upon Tyne, NE5 1RU72, Grosvenor Way, Newcastle Upon Tyne, NE5 1RU
- Sold Dec 2019£315,000 | 5 Bed House68, Grosvenor Way, Newcastle Upon Tyne, NE5 1RU68, Grosvenor Way, Newcastle Upon Tyne, NE5 1RU
Schools Nearby
- Westerhope Primary School400 m away
- Milecastle Primary School600 m away
- St John Vianney Catholic Primary School, West Denton600 m away
- Studio West700 m away
- Callerton Academy1.4 km away
- Walbottle Academy2.1 km away
More reading links
Public Transport Nearby
The closest station to NE5 1RZ is Blaydon station, which is 3.5 kilometres away.
- Blaydon|3.5 km away
- MetroCentre|5.1 km away
- Newcastle|6.6 km away
- Dunston|6.8 km away
