48 Springbank Road

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

    This detached freehold property on Springbank Road last sold in January 2003 for £175,000. Based on price growth in the NE2 district since then, its estimated current value is £680,439 — placing it in the 89th percentile nationally and the 89th percentile within NE2. The property covers 106 m² (1,141 sq ft), giving an estimated value of £6,419 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,141 sq ft

    106 m²

    Last Sale Price

    £175,000

    Jan 2003

    Estimated Valuation

    £680,439

    Est. £/sq ft

    £596/sq ft

    £6,419/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,141 sq ft (106 m²)
    EPC dateSept 2012
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Jan 2003

    £175,000

    Key Metrics

    Estimated valuation£680,439
    Value per sq ft / m²£596/sq ft (£6,419/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile89th percentile
    National percentile89th 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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