41 Springbank Road

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

    This terraced freehold property on Springbank Road last sold in May 2011 for £215,000. Based on price growth in the NE2 district since then, its estimated current value is £332,636 — placing it in the 56th percentile nationally and the 59th percentile within NE2. The property covers 72 m² (775 sq ft), giving an estimated value of £4,620 per m². The EPC rating is C, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    775 sq ft

    72 m²

    Last Sale Price

    £215,000

    May 2011

    Estimated Valuation

    £332,636

    Est. £/sq ft

    £429/sq ft

    £4,620/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formNot Recorded
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area775 sq ft (72 m²)
    EPC dateAug 2025
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 May 2011

    £215,000

    7 Aug 2001

    £106,000

    Key Metrics

    Estimated valuation£332,636
    Value per sq ft / m²£429/sq ft (£4,620/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile59th percentile
    National percentile56th 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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