32 Springbank Road

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

    This terraced freehold property on Springbank Road last sold in February 2019 for £217,000. Based on price growth in the NE2 district since then, its estimated current value is £250,562 — placing it in the 38th percentile nationally and the 45th percentile within NE2. The property covers 98 m² (1,055 sq ft), giving an estimated value of £2,557 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,055 sq ft

    98 m²

    Last Sale Price

    £217,000

    Feb 2019

    Estimated Valuation

    £250,562

    Est. £/sq ft

    £238/sq ft

    £2,557/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,055 sq ft (98 m²)
    EPC dateAug 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Feb 2019

    £217,000

    5 May 2000

    £86,000

    Key Metrics

    Estimated valuation£250,562
    Value per sq ft / m²£238/sq ft (£2,557/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile45th percentile
    National percentile38th 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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