309, Osborne Court Osborne Avenue, Newcastle Upon Tyne, NE2 1LH is a leasehold flat built between 1900-1929. The property offers approximately 818 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 £224,661 , which equates to approximately £275 per square foot. It was last sold on 25 Nov 2020 for £190,000. Since then, the value has increased by £34,661, representing a 18.2% increase, or approximately 3.6% per year.

The current estimated value of £224,661 is:

  • 46.5% lower than the average property price on Osborne Avenue
  • 2.2% lower than the average in the NE2 1LH postcode area
  • and 15.2% 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 21 June 2018, 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
818 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£224,661
Price Per sq ft (estimate)
£275
Bedroom Count (estimate)
2 bedrooms

EPC Summary

309, 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 21 Jun 2018.

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 27 Sep 2013, when the property was rated F. Since then, the rating has improved to D, with the energy efficiency score increasing by 60.5%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to solid brick, as built, no insulation (assumed), with no change in energy efficiency (poor).
  • The lighting was updated from low energy lighting in 33% of fixed outlets to low energy lighting in 56% of fixed outlets, with efficiency improving from average to 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
Partial double glazing
Poor
Lighting
Low energy lighting in 56% of fixed outlets
Good

Compared to NE2 1LH

11 th / 18
Price Rank
2% lower than average
12 th / 14
Size Rank
8% smaller than average
6 th / 14
Price Per Sq FT Rank
6% higher than average

Compared to other properties in NE2 1LH , this flat's estimated value ranks 11th out of 18. Based on price per square foot, it ranks 6th out of 14 properties. In terms of size, this home ranks 12th out of 14 properties in its postcode area.

Sale History

Today
£224,661
streetscan.co.uk estimate
+18 %
25 Nov 2020
£190,000
Leasehold
+9.8 %
14 Feb 2014
£173,000
Leasehold
+16.5 %
17 Mar 2008
£148,500
Leasehold
0 %
26 Mar 2004
£148,500
Leasehold
+100.7 %
12 Dec 2000
£74,000
Leasehold
+32.1 %
5 Feb 1999
£56,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 818 sq ft
sale price: £240,000
sale date: 18 Apr 2024
rooms: 4
size: 840 sq ft
sale price: £250,000
sale date: 26 Aug 2022
rooms: 4
size: 830 sq ft
sale price: £205,199
sale date: 15 Oct 2021
rooms: 3
size: 700 sq ft
sale price: £150,000
sale date: 26 Nov 2020
rooms: 3
size: 926 sq ft
sale price: £110,000
sale date: 17 Feb 2017

Data Sources

The property at 309, Osborne Court Osborne Avenue, Newcastle Upon Tyne, NE2 1LH appears six times in the Land Registry records, with the latest transaction recorded on 25 Nov 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 21 Jun 2018. 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.