17 Springbank Road

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

    This terraced freehold property on Springbank Road last sold in February 2007 for £239,000. Based on price growth in the NE2 district since then, its estimated current value is £351,687 — placing it in the 59th percentile nationally and the 61st percentile within NE2. The property covers 139 m² (1,496 sq ft), giving an estimated value of £2,530 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,496 sq ft

    139 m²

    Last Sale Price

    £239,000

    Feb 2007

    Estimated Valuation

    £351,687

    Est. £/sq ft

    £235/sq ft

    £2,530/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,496 sq ft (139 m²)
    EPC dateOct 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Feb 2007

    £239,000

    17 May 2002

    £175,000

    30 Apr 1999

    £85,000

    4 Sept 1998

    £62,000

    Key Metrics

    Estimated valuation£351,687
    Value per sq ft / m²£235/sq ft (£2,530/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile61st percentile
    National percentile59th 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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