13 Springbank Road

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

    This terraced freehold property on Springbank Road last sold in July 2017 for £234,750. Based on price growth in the NE2 district since then, its estimated current value is £302,137 — placing it in the 50th percentile nationally and the 54th percentile within NE2. The property covers 140 m² (1,507 sq ft), giving an estimated value of £2,158 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,507 sq ft

    140 m²

    Last Sale Price

    £234,750

    Jul 2017

    Estimated Valuation

    £302,137

    Est. £/sq ft

    £200/sq ft

    £2,158/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,507 sq ft (140 m²)
    EPC dateSept 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Jul 2017

    £234,750

    Key Metrics

    Estimated valuation£302,137
    Value per sq ft / m²£200/sq ft (£2,158/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile54th percentile
    National percentile50th 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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