83 Springbank Road

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

    This flat/maisonette freehold property on Springbank Road last sold in October 2023 for £138,500. Based on price growth in the NE2 district since then, its estimated current value is £138,974 — placing it in the 10th percentile nationally and the 7th percentile within NE2. The property covers 57 m² (614 sq ft), giving an estimated value of £2,438 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Freehold

    Floor Area

    614 sq ft

    57 m²

    Last Sale Price

    £138,500

    Oct 2023

    Estimated Valuation

    £138,974

    Est. £/sq ft

    £226/sq ft

    £2,438/m²

    Property Details

    TypeFlat/Maisonette
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area614 sq ft (57 m²)
    EPC dateApr 2018
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Oct 2023

    £138,500

    27 Feb 1998

    £46,000

    29 Apr 1997

    £32,000

    Key Metrics

    Estimated valuation£138,974
    Value per sq ft / m²£226/sq ft (£2,438/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE2 district percentile7th percentile
    National percentile10th 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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