1 Osborne Terrace, Gateshead, NE8 1UY is a freehold flat built between 1900-1929. The property offers approximately 915 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £106,432 , which equates to approximately £116 per square foot. It was last sold on 19 Dec 2005 for £96,000. Since then, the value has increased by £10,432, representing a 10.9% increase, or approximately 0.5% per year.

The current estimated value of £106,432 is:

  • 44.4% lower than the average property price on Osborne Terrace
  • 48.3% lower than the average in the NE8 1UY postcode area
  • and 39.7% lower than the average price for Gateshead as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 24 May 2019, the property was recorded as owner-occupied.

View sold house prices in NE8 1UY

Building approximate location

About Property

Type
Terraced Maisonette
Built
1900-1929
Interior Size
915 sq ft
Tenure
Freehold
Floor level
1st floor
Price (estimate)
£106,432
Price Per sq ft (estimate)
£116
Bedroom Count (estimate)
3 bedrooms

EPC Summary

1 Osborne Terrace, Gateshead, Tyne And Wear, NE8 1UY has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 24 May 2019.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 3 Oct 2015. The rating of E remains the same, but the energy efficiency score improved by 4.4%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from no low energy lighting to low energy lighting in 60% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 60% of fixed outlets
Good

Compared to NE8 1UY

13 th / 14
Price Rank
48% lower than average
8 th / 9
Size Rank
35% smaller than average
8 th / 9
Price Per Sq FT Rank
21% lower than average

Compared to other properties in NE8 1UY , this maisonette's estimated value ranks 13th out of 14. Based on price per square foot, it ranks 8th out of 9 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 8th out of 9 properties in its postcode area.

Sale History

Today
£106,432
streetscan.co.uk estimate
+11 %
19 Dec 2005
£96,000
Leasehold
+47.8 %
11 Feb 2004
£64,950
Leasehold
+27.4 %
7 Feb 2003
£51,000
Leasehold

Area Insights

Nearby Properties

rooms: 5
size: 1425 sq ft
sale price: £165,000
sale date: 3 May 2016
rooms: 7
size: 1905 sq ft
sale price: £187,000
sale date: 19 Nov 2018
rooms: 7
size: 2099 sq ft
sale price: £132,000
sale date: 3 Jun 2016
rooms: 2
size: 861 sq ft
sale price: £150,000
sale date: 15 Dec 2004
rooms: 7
size: 1927 sq ft
sale price: £185,000
sale date: 15 Nov 2005

Data Sources

The property at 1 Osborne Terrace, Gateshead, NE8 1UY appears three times in the Land Registry records, with the latest transaction recorded on 19 Dec 2005. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 24 May 2019. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.