Average Price for property in Osborne Road, Jesmond, Newcastle upon Tyne, NE2 is around £311,888 which varies based on type of property you are interested in and ranges from £733,055 for detached house to around £425,273 for semi-detached. Similarly terraced house is around £347,582 and a flat is worth £245,287. Values have been changing and have risen £1,150 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,731 in last 6 months, £15,614 in last 1 year, £20,438 in last 2 years, £31,750 in last 3 years, £19,898 in last 4 years and £17,888 in last 5 years.
Currently average asking price of a property in Osborne Road, Jesmond, Newcastle upon Tyne, NE2 is around £273,264 based on approximately 13 properties for sale. Same is the case with rental options based on 1,536 properties up for rent, average asking rent is around £1,022 per month.
Estimated property value in Osborne Road, Jesmond, Newcastle upon Tyne, NE2 is £311,888. Average asking price is £273,264 while average price paid is £222,730 which is up by £15,614 and Avg. asking rent £1,022.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Osborne Road, Jesmond, Newcastle upon Tyne, NE2 area. In last 1 year alone average price buyer paid is around £222,730 based on approximately 13 sales in Osborne Road, Jesmond, Newcastle upon Tyne, NE2 area alone. If you compare it to last 3 years sales of 37 properties where buyers paid around £222,014. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £222,337 for 52 and average amount paid for purchase of approx. 66 properties sold in last 7 years comes to about £240,197 per sale.