2 Osborne Terrace

    2, OSBORNE TERRACE, GATESHEAD, NE8 1UY

    This terraced freehold property on Osborne Terrace last sold in May 2016 for £165,000. Based on price growth in the NE8 district since then, its estimated current value is £212,787 — placing it in the 28th percentile nationally and the 82nd percentile within NE8. The property covers 189 m² (2,034 sq ft), giving an estimated value of £1,126 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    2,034 sq ft

    189 m²

    Last Sale Price

    £165,000

    May 2016

    Estimated Valuation

    £212,787

    Est. £/sq ft

    £105/sq ft

    £1,126/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area2,034 sq ft (189 m²)
    EPC dateJan 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 May 2016

    £165,000

    17 Sept 2010

    £140,000

    18 Dec 2009

    £157,000

    Key Metrics

    Estimated valuation£212,787
    Value per sq ft / m²£105/sq ft (£1,126/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile82nd percentile
    National percentile28th percentile

    District Context — NE8

    NE8 covers Gateshead and surrounding areas in Tyne and Wear, situated south of the River Tyne in the North East. It is a primarily working-class and lower-middle-income area with a significant rental market and strong community character.

    Average Property Price - NE8

    £157,635

    4

    National percentile

    Average Net Household Income - NE8

    £31,485

    12

    National percentile

    10-Year Annualised Price Growth - NE8

    2.5%

    16

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE8

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