5 Springwell Terrace

    5, SPRINGWELL TERRACE, GATESHEAD, GATESHEAD, NE9 7AY

    This terraced freehold property on Springwell Terrace last sold in May 2005 for £57,000. Based on price growth in the NE9 district since then, its estimated current value is £78,035 — placing it in the 1st percentile nationally and the 6th percentile within NE9. The property covers 47 m² (506 sq ft), giving an estimated value of £1,660 per m². The EPC rating is C, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    506 sq ft

    47 m²

    Last Sale Price

    £57,000

    May 2005

    Estimated Valuation

    £78,035

    Est. £/sq ft

    £154/sq ft

    £1,660/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area506 sq ft (47 m²)
    EPC dateAug 2021
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 May 2005

    £57,000

    30 Sept 2004

    £32,500

    Key Metrics

    Estimated valuation£78,035
    Value per sq ft / m²£154/sq ft (£1,660/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE9 district percentile6th percentile
    National percentile1st percentile

    District Context — NE9

    NE9 covers Gateshead and surrounding areas in Tyne and Wear, south of the River Tyne. It is a mixed residential district with a blend of urban and suburban character, offering good transport links and community amenities.

    Average Property Price - NE9

    £217,116

    17

    National percentile

    Average Net Household Income - NE9

    £34,891

    31

    National percentile

    10-Year Annualised Price Growth - NE9

    2.5%

    16

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE9

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