10 Springbank Road

    10, SPRINGBANK ROAD, NEWCASTLE UPON TYNE, NEWCASTLE UPON TYNE, NE2 1PD

    This semi-detached leasehold property on Springbank Road last sold in June 2007 for £125,000. Based on price growth in the NE2 district since then, its estimated current value is £241,410 — placing it in the 35th percentile nationally and the 42nd percentile within NE2. The property covers 55 m² (592 sq ft), giving an estimated value of £4,389 per m². The EPC rating is C, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £125,000

    Jun 2007

    Estimated Valuation

    £241,410

    Est. £/sq ft

    £408/sq ft

    £4,389/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area592 sq ft (55 m²)
    EPC dateJul 2019
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Jun 2007

    £125,000

    17 Oct 2003

    £125,000

    Key Metrics

    Estimated valuation£241,410
    Value per sq ft / m²£408/sq ft (£4,389/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile42nd percentile
    National percentile35th percentile

    District Context — NE2

    NE2 covers central Newcastle upon Tyne, including the city centre and surrounding urban neighbourhoods. It is characterised by a young, student-dominated population within a vibrant urban setting with strong rental demand.

    Average Property Price - NE2

    £361,932

    59

    National percentile

    Average Net Household Income - NE2

    £28,827

    6

    National percentile

    10-Year Annualised Price Growth - NE2

    2.6%

    18

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE2

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