Park Avenue, Gosforth

NE3

Hauscope verdict

Asking £140,000 under fair value.

Listed at £65,000. Comparable evidence puts it nearer £205,000.

Fair value · low confidence

£195,000 – £216,000

midpoint £205,000

Asking

£65,000

68% below fair value

Scroll to see the evidence

This property is priced below what the evidence supports.

Here’s why.

Comparable evidence

Where £65,000 sits against 6 real sales.

These are the sales the agent should be comparing to yours.

6 nearby sold comparables in NE3 average about £234,000 and sit roughly 0.4 miles from the listing.

Your suggested opening offer is £65,000

11, Brunton Grove, Newcastle Upon Tyne, NE3 2PR

0.35 miles

3 bed · terraced

£80,000

sold Dec 25

£80,405

adjusted to today

£62/sqft est.

25, Audley Road, Newcastle Upon Tyne, NE3 1QH

0.35 miles

3 bed · terraced

£296,000

sold Dec 25

£297,499

adjusted to today

£229/sqft est.

18, Salters Close, Newcastle Upon Tyne, NE3 5BW

0.35 miles

3 bed · terraced

£190,000

sold Dec 25

£190,962

adjusted to today

£147/sqft est.

Adjusted values reflect ONS House Price Index correction to March 2026. All data sourced from HM Land Registry Price Paid records.

Take this to the viewing.

We’ll email you this report — the script, the comparables and your number.

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Your next move

Evidence done. Now make your offer impossible to ignore.

  1. Step one · done

    Your Hauscope report

    The evidence puts this house at £205,000. You have the numbers the agent has — and a few they don’t.

  2. Step two · now · 15 minutes

    Get offer-ready

    The first thing the agent will ask is whether you’re proceedable. Answer before they ask.

    Walk away with an agreement in principle for this house.

    First Financial Services

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    One free 15-minute call confirms what you can borrow and gets your AIP — the document an agent looks for before they take an offer upstairs. Most lenders use a soft check at this stage, which won’t affect your credit score.

    Not ready to talk? Check your numbers privately — no callback.

    First Financial Services Limited is FCA regulated. Your home may be repossessed if you do not keep up repayments on your mortgage.

  3. Step three · with your AIP in hand

    Make your £65,000 offer

    Not a typo: this one is listed well below the evidence, so your offer follows the asking price rather than the estimate.

    The script and the letter are in your offer pack. Jump to the pack.

    When Bridgfords ask whether you’re proceedable — and they will — you lead with your agreement in principle. Offers with borrowing behind them get walked upstairs. Offers without get “we’ll pass it on”.

A household income of about £12,000 buys this house at £65,000, on a 10% deposit of £6,500. Estimated at 5× income; lenders vary.

£

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The areaSchools, crime, broadband, flood risk — the intelligence most reports won’t print.

What the neighbourhood tells you.

You have an opening offer. Take the full evidence pack to the viewing.

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HAUSCOPE
Park Avenue, Gosforth, Newcastle upon...
Asking £140,000 under fair value.
Fair value£205,000
Asking£65,000
Opening offer£65,000
Comparable sales
11, BRUNTON GROVE, NEWCASTLE UPON TYNE, NE3 2PR£80,405
25, AUDLEY ROAD, NEWCASTLE UPON TYNE, NE3 1QH£297,499
18, SALTERS CLOSE, NEWCASTLE UPON TYNE, NE3 5BW£190,962
HM LAND REGISTRY · HAUSCOPE v1.2

Everything you need for the viewing.

  • All 6 comparable addresses with sold prices and dates
  • Your offer letter ready to send to the agent
  • Vendor position analysis — what they paid and what they stand to make
  • Viewing checklist for the day

All 6 comparable addresses

Sold prices and dates

Price per square foot

Adjusted for market movement

Fair value estimate

Estimate range (low–high)

Confidence level

Asking price position vs comparables

ONS HPI adjustment applied

Suggested opening offer

Likely agreement range

Maximum advisable price

Offer letter (ready to send)

Negotiation script

Overpaying cost breakdown

Days on market and price reductions

Flood risk, crime and schools

EPC band and annual running cost

Everything above is in your free report. Takes 10 seconds to get.

You’re about to view this house. Walk in with the evidence, the offer and the answers to what the agent will say back.

You know what it’s worth. What can you borrow?

First Financial Services Limited is the only broker on Hauscope for this area. Ten minutes on the phone and you’ll know your real ceiling before you offer — and an agreement in principle makes your offer credible.

We'll email you the report either way. Choosing the first option asks First Financial Services Limited to call you about this property — nothing else, and you can say no at any time.

Free · your PDF is emailed to you

A question worth asking

How is this free?

Hauscope is free because the professionals you might work with pay a small subscription to be matched with buyers like you — one mortgage broker per area. You are never charged and never sold. We only introduce people we would use ourselves, and only if you ask. Your numbers and your details stay yours.

Read the full story →

For the record

The full report detail.

Everything behind the verdict, if you’d like to check our working.

What the listing tells you+
Seller pressure
No urgency signals
The numbers behind it+
Fair value£205,000
Asking price£65,000
ConfidenceLow · 6 sales
Monthly at fair value£1,079
Monthly at asking£342
The other 3 comparable sales+
10, Apperley Avenue, Newcastle Upon Tyne, NE3 3YB
2025-12-05 · 0.35 miles
£140,000
£140,709 adjusted to today
18, Matlock Avenue, Newcastle Upon Tyne, NE3 3GL
2025-12-03 · 0.35 miles
£135,500
£136,186 adjusted to today
31, Harley Terrace, Newcastle Upon Tyne, NE3 1UL
2025-12-17 · 0.35 miles
£565,000
£567,861 adjusted to today
Property & EPC+
Type3 bed · Terraced House
The viewing checklist+
  • Ask about party wall agreements and any neighbour disputes
  • Test water pressure in the kitchen and bathroom
  • Check for damp in the back addition, common in Victorian terraces
  • Look for evidence of chimney breast removal, which needs structural sign-off
  • Ask when the roof was last replaced or inspected

When you come to sell

Got a place of your own to sell? Find out what it’s worth with the same comparable-led method — free, no agent required — at hauscope.com/value-my-home.

Once your offer’s accepted

When this one becomes your home, the free Movers Pack walks you through everything between offer accepted and getting the keys — the things people miss, in the order that matters.

Partner · Mortgages

First Financial Services Limited

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Half an hour, and you’ll know what this house really costs you a month.

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Estimate model: Hauscope v1.2 · Data: Land Registry Feb 2026 · Methodology

Hauscope provides decision support, not financial advice.

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