40 Springhill Gardens

    40, SPRINGHILL GARDENS, NEWCASTLE UPON TYNE, NE15 6QS

    This semi-detached freehold property on Springhill Gardens last sold in July 2023 for £125,000. Based on price growth in the NE15 district since then, its estimated current value is £130,228 — placing it in the 9th percentile nationally and the 30th percentile within NE15. The property covers 62 m² (667 sq ft), giving an estimated value of £2,100 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £125,000

    Jul 2023

    Estimated Valuation

    £130,228

    Est. £/sq ft

    £195/sq ft

    £2,100/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area667 sq ft (62 m²)
    EPC dateNov 2021
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Jul 2023

    £125,000

    4 Apr 2008

    £96,750

    16 Apr 1999

    £35,000

    Key Metrics

    Estimated valuation£130,228
    Value per sq ft / m²£195/sq ft (£2,100/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE15 district percentile30th percentile
    National percentile9th percentile

    District Context — NE15

    NE15 covers Prudhoe, Ryton, and surrounding communities in Tyne and Wear, situated west of Gateshead along the River Tyne. It is a mixed residential area with strong community roots and reasonable access to regional employment centres.

    Average Property Price - NE15

    £195,588

    11

    National percentile

    Average Net Household Income - NE15

    £33,771

    24

    National percentile

    10-Year Annualised Price Growth - NE15

    3.7%

    54

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE15

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