2, Osborne Court Osborne Avenue, Newcastle Upon Tyne, NE2 1LE is a leasehold flat built between 1900-1929. The property offers approximately 786 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £188,151 , which equates to approximately £239 per square foot. It was last sold on 3 Feb 2023 for £177,000. Since then, the value has increased by £11,151, representing a 6.3% increase, or approximately 2.2% per year.

The current estimated value of £188,151 is:

  • 55.2% lower than the average property price on Osborne Avenue
  • 8.1% lower than the average in the NE2 1LE postcode area
  • and 29.0% lower than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 16 November 2022, the property was recorded as owner-occupied.

View sold house prices in NE2 1LE

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
786 sq ft
Tenure
Leasehold
Price (estimate)
£188,151
Price Per sq ft (estimate)
£239
Bedroom Count (estimate)
2 bedrooms

EPC Summary

2, Osborne Court Osborne Avenue, Newcastle Upon Tyne, Tyne And Wear, NE2 1LE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 16 Nov 2022.

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 have partial double glazing.

The previous EPC assessment was conducted on 23 Jun 2009, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 2.9%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Partial double glazing
Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE2 1LE

6 th / 18
Price Rank
8% lower than average
12 th / 17
Size Rank
10% smaller than average
5 th / 17
Price Per Sq FT Rank
2% higher than average

Compared to other properties in NE2 1LE , this flat's estimated value ranks 6th out of 18. Based on price per square foot, it ranks 5th out of 17 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 12th out of 17 properties in its postcode area.

Sale History

Today
£188,151
streetscan.co.uk estimate
+6 %
3 Feb 2023
£177,000
Leasehold
+7.3 %
14 Sep 2012
£165,000
Leasehold
-5.3 %
28 Nov 2003
£174,300
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 840 sq ft
sale price: £250,000
sale date: 27 Oct 2023
rooms: 3
size: 764 sq ft
sale price: £131,000
sale date: 3 Feb 2023
rooms: 3
size: 749 sq ft
sale price: £140,000
sale date: 31 Jul 2020
rooms: 3
size: 764 sq ft
sale price: £140,000
sale date: 21 Feb 2020
rooms: 3
size: 872 sq ft
sale price: £140,000
sale date: 30 Aug 2019

Data Sources

The property at 2, Osborne Court Osborne Avenue, Newcastle Upon Tyne, NE2 1LE appears three times in the Land Registry records, with the latest transaction recorded on 3 Feb 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Nov 2022. 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.