3 Springwell Avenue

    3, SPRINGWELL AVENUE, NEWCASTLE UPON TYNE, NEWCASTLE UPON TYNE, NE6 2LS

    This semi-detached freehold property on Springwell Avenue last sold in July 2005 for £72,500. Based on price growth in the NE6 district since then, its estimated current value is £126,151 — placing it in the 8th percentile nationally and the 24th percentile within NE6. The property covers 55 m² (592 sq ft), giving an estimated value of £2,294 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £72,500

    Jul 2005

    Estimated Valuation

    £126,151

    Est. £/sq ft

    £213/sq ft

    £2,294/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area592 sq ft (55 m²)
    EPC dateAug 2015
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Jul 2005

    £72,500

    20 Jun 2003

    £39,950

    Key Metrics

    Estimated valuation£126,151
    Value per sq ft / m²£213/sq ft (£2,294/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE6 district percentile24th percentile
    National percentile8th percentile

    District Context — NE6

    NE6 covers central Newcastle, including areas around the city's core and northern residential neighbourhoods. It is a mixed urban community with strong rental demand and considerable social housing provision.

    Average Property Price - NE6

    £204,282

    13

    National percentile

    Average Net Household Income - NE6

    £19,923

    2

    National percentile

    10-Year Annualised Price Growth - NE6

    4.1%

    68

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE6

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