59 Springbank Road

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

    This semi-detached freehold property on Springbank Road last sold in June 1997 for £68,000. Based on price growth in the NE2 district since then, its estimated current value is £368,043 — placing it in the 62nd percentile nationally and the 63rd percentile within NE2. The property covers 186 m² (2,002 sq ft), giving an estimated value of £1,979 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    2,002 sq ft

    186 m²

    Last Sale Price

    £68,000

    Jun 1997

    Estimated Valuation

    £368,043

    Est. £/sq ft

    £184/sq ft

    £1,979/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms9
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area2,002 sq ft (186 m²)
    EPC dateApr 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Jun 1997

    £68,000

    Key Metrics

    Estimated valuation£368,043
    Value per sq ft / m²£184/sq ft (£1,979/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile63rd percentile
    National percentile62nd 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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