According to the public record, 227, Osborne Road, Newcastle Upon Tyne is a period freehold house and with 1,743 ft2 of internal area and sits on a 215 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Osborne Road, Newcastle Upon Tyne, NE2 is located in the borough of Newcastle upon Tyne within the NE2 postal district.
227, Osborne Road, Newcastle Upon Tyne has a single entry in the Land Registry database from May 2014 and no records in the EPC database.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 227 Osborne Road Newcastle Upon Tyne as £528,640 and the rental value as £2,880 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 227 Osborne Road Newcastle Upon Tyne has increased by £8,366 (1.6%) and its rental value has increased by £238 per month (8.3%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 227, Osborne Road, Newcastle Upon Tyne is in very good condition we estimate a sale value of £555,072 and rental value of £3,024 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £491,635 and a rental value of £2,678 per month.
If you were able to purchase this property for the estimated value of £528,640, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,598 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 227, Osborne Road, Newcastle Upon Tyne sits on a plot of 215m2.
We have plot size data on 21 out of 25 other houses in the postcode and 227, Osborne Road, Newcastle Upon Tyne sits on the 5th largest plot.
According to HM Land Registry, 227, Osborne Road, Newcastle Upon Tyne was last sold on 22 May 2014 for £350,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2014, the market for similar properties has risen 33.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 227, Osborne Road, Newcastle Upon Tyne within a radius of 103m over the last 2 years.
The most recent example is 253, Osborne Road, Newcastle Upon Tyne, NE2 3LB, a Freehold house which sold for £421,000 in Jul 2023.
Read more about house prices in NE2.
Osborne Road, Newcastle Upon Tyne, NE2 has a total of 462 addresses. According to our analysis of all the public data, 227, Osborne Road, Newcastle Upon Tyne is the 65th largest and the 60th most expensive property on the street.
When compared to the postcode district it is £206k more expensive than the average property in NE2.
227, Osborne Road, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Apr 2015.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to 227, Osborne Road, Newcastle Upon Tyne is Manors station which is 2.7 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 227, Osborne Road, Newcastle Upon Tyne, 43.4% of property is privately owned outright and 27.4% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 227, Osborne Road, Newcastle Upon Tyne, 54.7% of residents are recorded as possessing school level qualifications and 44.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 227, Osborne Road, Newcastle Upon Tyne, the average age was 30.5 and the most common age was 22.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 227, Osborne Road, Newcastle Upon Tyne, 0.6% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 227, Osborne Road, Newcastle Upon Tyne, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.