Housing Market Analysis for OSBORNE ROAD, NE2 3LB

Are you looking to understand NE2 3LB house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Newcastle upon Tyne postcode.

For the location information and nearby amenities in the NE2 3LB area, explore the NE2 3LB Area information page.
For comprehensive crime statistics in the NE2 3LB area, explore the NE2 3LB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE2 3LB postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £241,966 median price is £249,950 Standard Deviation is £153,432 with Total Sold: 35
- The Last 5 Year average price is £493,750 with Total Sold: 4
- The most recent sale happened at this postcode is 229 OSBORNE ROAD: £700,000 (Sold on 25 Aug 2023)
- The first recorded sale happened at this postcode is 245 OSBORNE ROAD: £88,000 (Sold on 07 Jul 1995)
Terraced
- The average price is around £196,705 median price is £173,475 Standard Deviation is £103,107 with Total Sold: 10
- The Last 5 Year average price is £421,000 with Total Sold: 1
- The most recent sale happened at this postcode is 253 OSBORNE ROAD: £421,000 (Sold on 28 Jul 2023)
- The first recorded sale happened at this postcode is 263 OSBORNE ROAD: £83,000 (Sold on 09 Aug 1995)
Detached
- The average price is around £335,000 median price is £335,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 218 OSBORNE ROAD: £335,000 (Sold on 07 May 2004)
- The first recorded sale happened at this postcode is 218 OSBORNE ROAD: £335,000 (Sold on 07 May 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average NE2 3LB house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£687,500	£3,591	2
2019	£300,000	£2,128	2
2018	£415,000	£2,150	1
2016	£345,000	£2,958	2
2015	£363,500	£1,973	2
2014	£312,500	£2,122	2
2013	£272,500	£2,004	1
2010	£307,750	£2,407	2
2008	£315,000	£1,945	2
2006	£228,000	£1,596	1
2004	£258,475	£1,730	2
2002	£207,000	£1,371	1
2001	£139,000	£880	1
2000	£116,167	£714	3
1999	£107,700	£713	1
1998	£110,000	£710	1
1997	£98,083	£571	3
1996	£92,500	£586	4
1995	£98,700	£616	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£421,000	£2,392	1
2016	£306,600	£1,742	1
2006	£247,500	£1,406	1
2004	£235,000	£2,098	1
2003	£207,000	£1,739	1
2001	£139,950	£875	1
2000	£125,000	£710	1
1998	£110,000	£924	1
1997	£92,000	£523	1
1995	£83,000	£697	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2004	£335,000	£1,438	1

All the Sales in the OSBORNE ROAD, NE2 3LB

See the table below for more details on the sold house prices in the NE2 3LB, Newcastle upon Tyne postcode.

Address	Sold Date	Price	% Change
229 OSBORNE ROADSemi-Detached, FreeholdArea: 190 Sq.mtrAge: 1900-1929	25 Aug 2023	£700,000	180.06%
	08 Dec 2004	£249,950	First Sale
253 OSBORNE ROADTerraced, FreeholdArea: 176 Sq.mtrAge: 1900-1929	28 Jul 2023	£421,000	37.31%
	30 Sep 2016	£306,600	23.88%
	08 Mar 2006	£247,500	98.00%
	19 Apr 2000	£125,000	35.87%
	01 Aug 1997	£92,000	First Sale
224 OSBORNE ROADSemi-Detached, FreeholdArea: 193 Sq.mtrAge: 1930-1949	01 Jun 2023	£675,000	62.65%
	20 Jul 2018	£415,000	232.00%
	30 Oct 1996	£125,000	First Sale
249 OSBORNE ROADSemi-Detached, FreeholdArea: 132 Sq.mtrAge: 1900-1929	10 May 2019	£310,000	12.73%
	28 Feb 2014	£275,000	3.00%
	20 Mar 2004	£267,000	292.65%
	12 Sep 1997	£68,000	First Sale
235 OSBORNE ROADSemi-Detached, FreeholdArea: 152 Sq.mtrAge: 1900-1929	01 Apr 2019	£290,000	First Sale
259 OSBORNE ROADSemi-Detached, FreeholdArea: 110.56 Sq.mtrAge: 1900-1929	29 Apr 2016	£315,000	34.04%
	28 Apr 2004	£235,000	First Sale
237 OSBORNE ROADSemi-Detached, FreeholdArea: 122.24 Sq.mtrAge: 1900-1929	31 Mar 2016	£375,000	30.43%
	18 Feb 2010	£287,500	161.36%
	14 Jul 1998	£110,000	27.91%
	12 Jul 1996	£86,000	First Sale
251 OSBORNE ROADSemi-Detached, FreeholdArea: 151 Sq.mtrAge: 1900-1929	03 Dec 2015	£302,000	45.89%
	28 Jun 2002	£207,000	92.20%
	27 Jul 1999	£107,700	19.67%
	26 Sep 1997	£90,000	7.14%
	23 Jul 1996	£84,000	First Sale
222 OSBORNE ROADSemi-Detached, FreeholdArea: 218.48 Sq.mtrAge: 1900-1929	30 Oct 2015	£425,000	First Sale
227 OSBORNE ROADSemi-Detached, FreeholdArea: 162 Sq.mtrAge: 1900-1929	22 May 2014	£350,000	First Sale
263 OSBORNE ROADSemi-Detached, FreeholdArea: 136 Sq.mtrAge: 1900-1929	01 Mar 2013	£272,500	31.64%
	16 May 2003	£207,000	88.18%
	15 May 1998	£110,000	32.53%
	09 Aug 1995	£83,000	First Sale
225 OSBORNE ROADSemi-Detached, FreeholdArea: 133.17 Sq.mtrAge: before 1900	06 Apr 2010	£328,000	-7.61%
	04 Apr 2008	£355,000	First Sale
231 OSBORNE ROADSemi-Detached, FreeholdArea: 157 Sq.mtrAge: 1900-1929	21 May 2008	£275,000	First Sale
245 OSBORNE ROADSemi-Detached, FreeholdArea: 142.83 Sq.mtrAge: 1900-1929	20 Mar 2006	£228,000	76.06%
	05 Jun 2000	£129,500	47.16%
	07 Jul 1995	£88,000	First Sale
218 OSBORNE ROADDetached, FreeholdArea: 233.02 Sq.mtrAge: 1900-1929	07 May 2004	£335,000	First Sale
257 OSBORNE ROADSemi-Detached, FreeholdArea: 158 Sq.mtrAge: 1900-1929	05 Oct 2001	£139,000	First Sale
243 OSBORNE ROADTerraced, FreeholdArea: 160 Sq.mtrAge: 1900-1929	06 Jul 2001	£139,950	First Sale
247 OSBORNE ROADSemi-Detached, FreeholdArea: 154 Sq.mtrAge: 1900-1929	21 Mar 2000	£105,000	First Sale
233 OSBORNE ROADSemi-Detached, FreeholdArea: 168 Sq.mtrAge: 1900-1929	03 Mar 2000	£114,000	First Sale
226 OSBORNE ROADSemi-Detached, Freehold	28 Aug 1997	£136,250	24.54%
226 OSBORNE ROADSemi-Detached, Freehold	15 Dec 1995	£109,400	First Sale
255 OSBORNE ROADSemi-Detached, Freehold	05 Jul 1996	£75,000	First Sale

Check out the sold house prices near the NE2 3LB postcode. Properties currently for saleProperties currently for rent

OSBORNE ROAD, NE2 3LB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE2 3LB postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the NE2 3LB postcode.

Terraced
- The average price is around £265,259 median price is £245,000 Standard Deviation is £200,008 with Total Sold: 1,161
- The Last 5 Year average price is £465,063 with Total Sold: 167
- The most recent sale happened at this postcode is , 40 HONISTER AVENUE: £369,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 84 NEWLANDS ROAD: £74,950 (Sold on 14 Jan 1995)
Flat
- The average price is around £145,278 median price is £140,000 Standard Deviation is £130,104 with Total Sold: 2,193
- The Last 5 Year average price is £253,424 with Total Sold: 256
- The most recent sale happened at this postcode is FLAT 4, 124 ST GEORGES TERRACE: £231,000 (Sold on 05 Aug 2024)
- The first recorded sale happened at this postcode is , 79 HAZELWOOD AVENUE: £51,750 (Sold on 06 Jan 1995)
Detached
- The average price is around £566,075 median price is £440,000 Standard Deviation is £418,847 with Total Sold: 100
- The Last 5 Year average price is £855,719 with Total Sold: 16
- The most recent sale happened at this postcode is , 29 BRENTWOOD AVENUE: £190,000 (Sold on 21 Jun 2024)
- The first recorded sale happened at this postcode is , 50 RECTORY ROAD: £270,000 (Sold on 06 Apr 1995)
Semi-Detached
- The average price is around £328,631 median price is £286,759 Standard Deviation is £213,705 with Total Sold: 524
- The Last 5 Year average price is £581,204 with Total Sold: 75
- The most recent sale happened at this postcode is , 17 CROSSWAY: £555,000 (Sold on 20 Jun 2024)
- The first recorded sale happened at this postcode is , 33 LYNDHURST AVENUE: £83,000 (Sold on 17 Feb 1995)
Other
- The average price is around £571,624 median price is £225,000 Standard Deviation is £1,505,892 with Total Sold: 81
- The Last 5 Year average price is £436,835 with Total Sold: 42
- The most recent sale happened at this postcode is , 3 WEST JESMOND AVENUE: £355,000 (Sold on 27 Mar 2024)
- The first recorded sale happened at this postcode is , 45 - 47 SANDERSON ROAD: £1,450,000 (Sold on 30 Aug 2013)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£399,875	£3,235	8
2023	£451,014	£3,406	37
2022	£518,384	£3,566	30
2021	£538,123	£4,471	40
2020	£401,174	£3,061	25
2019	£395,304	£2,769	27
2018	£366,621	£2,655	41
2017	£365,669	£2,868	29
2016	£322,351	£2,539	41
2015	£376,305	£2,697	36
2014	£321,813	£2,694	35
2013	£326,654	£2,323	24
2012	£323,530	£2,361	15
2011	£339,173	£2,400	33
2010	£325,223	£2,440	28
2009	£311,894	£2,295	32
2008	£293,871	£2,299	34
2007	£285,813	£2,425	47
2006	£269,233	£2,138	68
2005	£285,546	£2,197	39
2004	£241,557	£2,004	35
2003	£237,702	£2,021	42
2002	£184,275	£1,568	54
2001	£159,521	£1,176	69
2000	£131,894	£1,023	52
1999	£112,921	£913	72
1998	£109,258	£922	45
1997	£101,448	£716	45
1996	£92,212	£621	36
1995	£85,952	£583	42

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£236,971	£2,662	14
2023	£245,943	£2,855	37
2022	£239,461	£3,127	47
2021	£323,361	£3,812	72
2020	£209,043	£2,578	44
2019	£207,723	£2,659	42
2018	£199,557	£2,610	58
2017	£197,134	£2,558	80
2016	£239,112	£2,797	79
2015	£217,646	£2,678	68
2014	£165,532	£2,265	63
2013	£171,899	£2,272	39
2012	£188,888	£2,471	25
2011	£175,422	£2,150	25
2010	£188,186	£2,435	32
2009	£187,469	£2,380	35
2008	£195,783	£2,105	39
2007	£179,138	£2,371	85
2006	£178,126	£2,291	95
2005	£162,764	£2,012	100
2004	£174,451	£2,203	82
2003	£158,342	£1,961	78
2002	£124,110	£1,566	107
2001	£95,902	£1,218	141
2000	£75,439	£974	119
1999	£67,354	£886	117
1998	£66,604	£843	120
1997	£59,708	£716	155
1996	£52,471	£668	120
1995	£52,548	£618	75

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£190,000		1
2022	£1,207,500	£5,159	5
2021	£743,800	£4,335	5
2020	£805,000	£4,955	3
2019	£665,000	£4,424	2
2018	£1,005,000	£5,406	2
2017	£1,039,167	£3,716	6
2016	£1,029,182	£4,362	11
2015	£711,000	£3,580	2
2014	£470,000	£3,500	2
2012	£397,500	£3,216	1
2011	£522,400	£3,167	2
2010	£430,000	£2,825	1
2009	£534,333	£3,174	6
2007	£506,862	£2,826	4
2006	£720,000		1
2005	£290,000	£1,984	3
2004	£384,812	£1,999	8
2003	£280,312	£2,045	8
2002	£401,000	£2,026	4
2001	£319,917	£1,818	3
2000	£315,125	£1,599	4
1999	£243,900	£1,048	5
1998	£182,000	£1,327	3
1997	£230,000		1
1996	£147,833	£739	3
1995	£177,000		4

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£694,200	£3,756	5
2023	£648,304	£4,009	14
2022	£623,503	£3,804	16
2021	£544,200	£3,481	15
2020	£520,433	£3,137	15
2019	£509,750	£3,396	10
2018	£435,750	£2,840	8
2017	£464,690	£2,785	12
2016	£507,188	£2,974	20
2015	£463,964	£2,729	14
2014	£423,932	£2,378	19
2013	£419,936	£2,399	14
2012	£348,690	£2,288	21
2011	£329,016	£2,421	15
2010	£310,917	£2,312	9
2009	£282,955	£2,236	11
2008	£573,995	£2,266	10
2007	£332,492	£2,226	19
2006	£359,523	£2,106	27
2005	£411,162	£2,289	12
2004	£311,950	£2,283	19
2003	£333,380	£1,836	22
2002	£221,143	£1,309	26
2001	£199,577	£1,294	28
2000	£173,695	£1,085	20
1999	£167,896	£1,086	29
1998	£128,874	£771	23
1997	£128,998	£736	30
1996	£106,927	£686	28
1995	£103,069	£623	13

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£272,500	£2,676	2
2023	£379,929	£3,035	7
2022	£261,350	£3,189	10
2021	£978,222	£10,901	7
2020	£241,812	£2,069	8
2019	£468,378	£1,953	8
2018	£310,808	£2,917	13
2017	£1,175,612	£26,279	15
2016	£363,719	£2,500	8
2015	£960,000		2
2013	£1,450,000		1

House Type in NE2 3LB area

The most common house types in the NE2 3LB postcode area are Terraced (57), Semi-detached (37), and Shared house (16).

Total	113
Terraced	57
Semi-detached	37
Shared house	16
Detached	1
Flat	1
converted building	1
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (49), and Private rented: Private landlord or letting agency (31).

Owned: Owns outright	49
Private rented: Private landlord or letting agency	31
Owned: Owns with a mortgage or loan	27
Social rented: Other social rented	3
Social rented: Rents from council or Local Authority	2
Shared ownership: Shared ownership	1
Does not apply	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the NE2 3LB have 2 people in household (35), and 1 person in household (23).

2 people in household	35
1 person in household	23
4 people in household	17
3 people in household	15
6 people in household	10
8 or more people in household	7
5 people in household	4
7 people in household	2
0 people in household	0