Flat 2, 2 Osborne Avenue, Newcastle Upon Tyne, NE2 1JQ is a leasehold flat built before 1900. The property offers approximately 560 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £146,583 , which equates to approximately £262 per square foot. It was last sold on 5 Oct 2007 for £135,000. Since then, the value has increased by £11,583, representing a 8.6% increase, or approximately 0.5% per year.

The current estimated value of £146,583 is:

  • 65.1% lower than the average property price on Osborne Avenue
  • 77.5% lower than the average in the NE2 1JQ postcode area
  • and 44.7% lower than the average price for Newcastle Upon Tyne as a whole

At the most recent EPC inspection on 17 June 2021, the property was recorded as owner-occupied.

View sold house prices in NE2 1JQ

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
560 sq ft
Tenure
Leasehold
Price (estimate)
£146,583
Price Per sq ft (estimate)
£262
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, 2 Osborne Avenue, Newcastle Upon Tyne, Tyne And Wear, NE2 1JQ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 17 Jun 2021.

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 26 Jun 2011, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 46.9%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system, no cylinderstat to from main system, with its energy efficiency improving from average to good.
  • The roof construction or insulation changed from flat, no insulation (assumed) to (another dwelling above), changing energy efficiency from very poor to n/a.
  • The wall energy efficiency improving from very poor to poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The windows were upgraded from partial double glazing to fully double glazed.
  • 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)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE2 1JQ

19 th / 19
Price Rank
77% lower than average
14 th / 14
Size Rank
75% smaller than average
5 th / 14
Price Per Sq FT Rank
10% lower than average

Compared to other properties in NE2 1JQ , this flat's estimated value ranks 19th out of 19. Based on price per square foot, it ranks 5th out of 14 properties. In terms of size, this home ranks 14th out of 14 properties in its postcode area.

Sale History

Today
£146,583
streetscan.co.uk estimate
+9 %
5 Oct 2007
£135,000
Leasehold
+8 %
31 Jul 2003
£125,000
Leasehold
+117.4 %
3 Dec 1999
£57,500
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 4, 2 Osborne Avenue, Newcastle Upon Tyne, NE2 1JQ
rooms: 2
size: 578 sq ft
sale price: £158,000
sale date: 21 Aug 2020
Flat 3, 2 Osborne Avenue, Newcastle Upon Tyne, NE2 1JQ
rooms: 2
size: 570 sq ft
sale price: £147,500
sale date: 14 Nov 2017
9, Osborne Court Osborne Avenue, Newcastle Upon Tyne, NE2 1LE
rooms: 3
size: 624 sq ft
sale price: £151,000
sale date: 25 Nov 2022
Flat 4, 27 Osborne Avenue, Newcastle Upon Tyne, NE2 1JR
rooms: 3
size: 597 sq ft
sale price: £202,500
sale date: 25 Jul 2018
46 Osborne Avenue, Newcastle Upon Tyne, NE2 1JS
rooms: 3
size: 603 sq ft
sale price: £194,950
sale date: 31 Jul 2007

Data Sources

The property at Flat 2, 2 Osborne Avenue, Newcastle Upon Tyne, NE2 1JQ appears three times in the Land Registry records, with the latest transaction recorded on 5 Oct 2007. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 17 Jun 2021. 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.
↑