34 Springbank Road

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

    This terraced freehold property on Springbank Road last sold in September 2024 for £270,500. Based on price growth in the NE2 district since then, its estimated current value is £292,109 — placing it in the 47th percentile nationally and the 53rd percentile within NE2. The property covers 94 m² (1,012 sq ft), giving an estimated value of £3,108 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,012 sq ft

    94 m²

    Last Sale Price

    £270,500

    Sept 2024

    Estimated Valuation

    £292,109

    Est. £/sq ft

    £289/sq ft

    £3,108/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,012 sq ft (94 m²)
    EPC dateApr 2024
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 Sept 2024

    £270,500

    21 Sept 2018

    £212,500

    20 Sept 2012

    £160,000

    18 Oct 1996

    £71,000

    Key Metrics

    Estimated valuation£292,109
    Value per sq ft / m²£289/sq ft (£3,108/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile53rd percentile
    National percentile47th 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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