8, Osborne Terrace
8, Osborne Terrace
Description & Estimates
8, Osborne Terrace, Gateshead is described in the public record as a period house with 2,034 ft2 of internal area, sitting on a 259 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 8, Osborne Terrace, Gateshead is £255,549 and its rental estimate is £1,450 per month, given the available information and assuming reasonable condition.
Osborne Terrace, Gateshead, NE8 falls within the NE8 postal district, in the borough of Gateshead.
Our Data Sources
8, Osborne Terrace, Gateshead has no records in the the Land Registry and a single entry in the EPC database dated January 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 8, Osborne Terrace, Gateshead, we estimate a market value of £268,326 and a rental value of £1,522 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £237,660 and £1,348 per month respectively.
Recent Market Change
Over the last year, 8, Osborne Terrace, Gateshead has seen its estimated sale value decrease by £1,782 (0.7%) and its estimated rental value grow by £22 per month (1.5%). This results in an estimated gross rental yield of 6.8%.
Plot Size
HM Land Registry records the plot of land for 8, Osborne Terrace, Gateshead as measuring 259 m2.
That makes it the largest plot in the postcode, where all 17 other houses have recorded plot data.
Energy Efficiency
8, Osborne Terrace, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Jan 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Osborne Terrace, Gateshead have sold within a radius of 410 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st March 2024, was 16, Osborne Terrace, Gateshead, NE8 1UY, a freehold house which sold for £245,000.
Read more about house prices in NE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 18 addresses on Osborne Terrace, Gateshead, NE8, 8, Osborne Terrace, Gateshead comes out as the 6th largest and the 6th most expensive in our analysis of the public data.
It is also £118k more expensive than the average property across the NE8 district.
More reading links
Schools Nearby
- 500mBrighton Avenue Primary School
- 600mSt Joseph's Catholic Primary School, Gateshead
- 600mCaedmon Community Primary School
- 1.2kmNorth East Futures UTC
- 2.8kmKingsmeadow Community School
- 3.1kmGrace College
More reading links
Public Transport Nearby
From 8, Osborne Terrace, Gateshead, the nearest station is Newcastle, 1.4 kilometres away.
- 1.4kmNewcastle
- 1.9kmManors
- 2.0kmDunston
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
