45 Springbank Road

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

    This flat/maisonette leasehold property on Springbank Road last sold in August 2015 for £132,500. Based on price growth in the NE2 district since then, its estimated current value is £153,579 — placing it in the 13th percentile nationally and the 11th percentile within NE2. The property covers 72 m² (775 sq ft), giving an estimated value of £2,133 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    775 sq ft

    72 m²

    Last Sale Price

    £132,500

    Aug 2015

    Estimated Valuation

    £153,579

    Est. £/sq ft

    £198/sq ft

    £2,133/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    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

    6 Aug 2015

    £132,500

    1 Feb 2008

    £140,000

    Key Metrics

    Estimated valuation£153,579
    Value per sq ft / m²£198/sq ft (£2,133/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile11th percentile
    National percentile13th 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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