306, Osborne Court Osborne Avenue, Newcastle Upon Tyne, NE2 1LH is a leasehold flat built between 1900-1929. The property offers approximately 700 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £177,364 , which equates to approximately £254 per square foot. It was last sold on 26 Nov 2020 for £150,000. Since then, the value has increased by £27,364, representing a 18.2% increase, or approximately 3.6% per year.

The current estimated value of £177,364 is:

  • 57.7% lower than the average property price on Osborne Avenue
  • 22.8% lower than the average in the NE2 1LH postcode area
  • and 33.1% lower than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 15 July 2020, the property was recorded as owner-occupied.

View sold house prices in NE2 1LH

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
700 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£177,364
Price Per sq ft (estimate)
£254
Bedroom Count (estimate)
2 bedrooms

EPC Summary

306, Osborne Court Osborne Avenue, Newcastle Upon Tyne, Tyne And Wear, NE2 1LH has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 15 Jul 2020.

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 18 Dec 2008, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 35.6%.

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 wall energy efficiency improving from very poor to poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in 75% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Flat, no insulation (assumed)
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in 75% of fixed outlets
Very Good

Compared to NE2 1LH

17 th / 18
Price Rank
23% lower than average
13 th / 14
Size Rank
21% smaller than average
8 th / 14
Price Per Sq FT Rank
2% lower than average

Compared to other properties in NE2 1LH , this flat's estimated value ranks 17th out of 18. Based on price per square foot, it ranks 8th out of 14 properties. In terms of size, this home ranks 13th out of 14 properties in its postcode area.

Sale History

Today
£177,364
streetscan.co.uk estimate
+18 %
26 Nov 2020
£150,000
Leasehold
0 %
6 Nov 2017
£150,000
Leasehold
+185.7 %
2 Oct 1996
£52,500
Leasehold
+19.3 %
11 Jul 1995
£44,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 667 sq ft
sale price: £65,950
sale date: 11 Aug 2000
rooms: 3
size: 786 sq ft
sale price: £177,000
sale date: 3 Feb 2023
rooms: 3
size: 764 sq ft
sale price: £131,000
sale date: 3 Feb 2023
rooms: 3
size: 624 sq ft
sale price: £151,000
sale date: 25 Nov 2022
rooms: 3
size: 749 sq ft
sale price: £140,000
sale date: 31 Jul 2020

Data Sources

The property at 306, Osborne Court Osborne Avenue, Newcastle Upon Tyne, NE2 1LH appears four times in the Land Registry records, with the latest transaction recorded on 26 Nov 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 15 Jul 2020. 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.