Average Price for property in Osborne Villas, Jesmond, Newcastle upon Tyne, NE2 is around £764,677 which varies based on type of property you are interested in and ranges from £1,520,947 for detached house to around £1,544,363 for semi-detached. Similarly terraced house is around £288,030 and a flat is worth £220,211. Values have been changing and have risen £2,779 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,011 in last 6 months, £37,669 in last 1 year, £49,300 in last 2 years, £76,591 in last 3 years, £47,979 in last 4 years and £43,119 in last 5 years.
Currently average asking price of a property in Osborne Villas, Jesmond, Newcastle upon Tyne, NE2 is around £273,264 based on approximately 4 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 Villas, Jesmond, Newcastle upon Tyne, NE2 is £764,677. Average asking price is £273,264 while average price paid is £1,191,250 which is up by £37,669 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 Villas, Jesmond, Newcastle upon Tyne, NE2 area. In last 1 year alone average price buyer paid is around £1,191,250 based on approximately 4 sales in Osborne Villas, Jesmond, Newcastle upon Tyne, NE2 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £1,191,250. 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 £1,191,250 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £1,191,250 per sale.