3, Osborne Court Osborne Avenue, Newcastle Upon Tyne, NE2 1LE is a leasehold flat built between 1900-1929. The property offers approximately 764 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 £139,253 , which equates to approximately £182 per square foot. It was last sold on 3 Feb 2023 for £131,000. Since then, the value has increased by £8,253, representing a 6.3% increase, or approximately 2.2% per year.

The current estimated value of £139,253 is:

  • 66.8% lower than the average property price on Osborne Avenue
  • 32.0% lower than the average in the NE2 1LE postcode area
  • and 47.5% lower than the average price for Newcastle Upon Tyne 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 1 June 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
764 sq ft
Tenure
Leasehold
Price (estimate)
£139,253
Price Per sq ft (estimate)
£182
Bedroom Count (estimate)
2 bedrooms

EPC Summary

3, Osborne Court Osborne Avenue, Newcastle Upon Tyne, Tyne And Wear, NE2 1LE has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 1 Jun 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 are single glazed.

The previous EPC assessment was conducted on 22 Feb 2012. The rating of D remains the same, but the energy efficiency score improved by 8.6%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in all fixed outlets to low energy lighting in 57% of fixed outlets, with efficiency changing from very good to 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
Single glazed
Very Poor
Lighting
Low energy lighting in 57% of fixed outlets
Good

Compared to NE2 1LE

18 th / 18
Price Rank
32% lower than average
13 th / 17
Size Rank
12% smaller than average
17 th / 17
Price Per Sq FT Rank
23% lower than average

Compared to other properties in NE2 1LE , this flat's estimated value ranks 18th out of 18. Based on price per square foot, it ranks 17th out of 17 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 13th out of 17 properties in its postcode area.

Sale History

Today
£139,253
streetscan.co.uk estimate
+6 %
3 Feb 2023
£131,000
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: 786 sq ft
sale price: £177,000
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 3, Osborne Court Osborne Avenue, Newcastle Upon Tyne, Tyne And Wear, NE2 1LE appears once in the Land Registry records, with the transaction recorded on 3 Feb 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 1 Jun 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.