79 Springbank Road

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

    This flat/maisonette leasehold property on Springbank Road last sold in December 2019 for £122,500. Based on price growth in the NE2 district since then, its estimated current value is £145,334 — placing it in the 11th percentile nationally and the 9th percentile within NE2. The property covers 58 m² (624 sq ft), giving an estimated value of £2,506 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £122,500

    Dec 2019

    Estimated Valuation

    £145,334

    Est. £/sq ft

    £233/sq ft

    £2,506/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area624 sq ft (58 m²)
    EPC dateApr 2024
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Dec 2019

    £122,500

    8 Jul 1999

    £57,000

    Key Metrics

    Estimated valuation£145,334
    Value per sq ft / m²£233/sq ft (£2,506/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile9th percentile
    National percentile11th 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

    More properties in NE2

    Streets in NE2

    Explore nearby