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    55 Springbank Road

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

    This flat/maisonette leasehold property on Springbank Road last sold in January 2016 for £163,000. Based on price growth in the NE2 district since then, its estimated current value is £183,037 — placing it in the 20th percentile nationally and the 22nd percentile within NE2. The property covers 135 m² (1,453 sq ft), giving an estimated value of £1,356 per m². The EPC rating is D, with a potential rating of C.

    See wider trends for Springbank Road →

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,453 sq ft

    135 m²

    Last Sale Price

    £163,000

    Jan 2016

    Estimated Valuation

    £183,037

    Est. £/sq ft

    £126/sq ft

    £1,356/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,453 sq ft (135 m²)
    EPC dateJul 2024
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Jan 2016

    £163,000

    16 Dec 2002

    £120,000

    28 Jul 1997

    £44,950

    Key Metrics

    Estimated valuation£183,037
    Value per sq ft / m²£126/sq ft (£1,356/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile22nd percentile
    National percentile20th percentile

    Other Properties on Springbank Road

    Flat 6 1Flat/Maisonette

    £155,000

    Feb 2026

    7Terraced

    £270,000

    Nov 2025

    69Flat/Maisonette

    £180,000

    Nov 2025

    20Terraced

    £305,000

    Mar 2025

    19Terraced

    £307,490

    Feb 2025

    5Terraced

    £346,000

    Sept 2024

    34Terraced

    £270,500

    Sept 2024

    31Terraced

    £307,000

    Aug 2024

    83Flat/Maisonette

    £138,500

    Oct 2023

    40Terraced

    £154,000

    Dec 2022

    35Terraced

    £273,684

    Dec 2021

    Flat 4 1Flat/Maisonette

    £120,000

    Jul 2021

    See wider trends for Springbank Road →

    District Context — NE2

    See wider trends for 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

    £349,935

    57

    National percentile

    12 month avg at 31 Jul 2026

    Average Net Household Income - NE2

    £28,827

    6

    National percentile

    2023 census data

    10-Year Annualised Price Growth - NE2

    2.1%

    23

    National percentile

    Estimate at 31 Jul 2026

    10-Year Annualised Rent Growth - NE

    4.1%

    58

    National percentile

    Estimate at 31 Jul 2026

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    Streets in NE2

    Rosebery CrescentLindisfarne CloseMyrtle GroveCavendish PlaceAshleigh GroveSpringbank RoadAbbotsford TerraceValley ViewOtterburn Villas SouthHolmwood GroveFairfield RoadOsborne Terrace

    Nearby districts

    NE1NE3NE4NE5NE6NE7NE8NE9NE10NE11DH4SR5

    Other areas

    Liverpool (L)Llandrindod Wells (LD)Luton (LU)Manchester (M)Medway (ME)Milton Keynes (MK)Newport (NP)North London (N)North Wales (LL)North West London (NW)Northampton (NN)Norwich (NR)