42 Springfield Place

    42, SPRINGFIELD PLACE, GATESHEAD, NE9 5UQ

    This flat/maisonette leasehold property on Springfield Place last sold in August 2023 for £93,000. Based on price growth in the NE9 district since then, its estimated current value is £93,322 — placing it in the 3rd percentile nationally and the 10th percentile within NE9. The property covers 45 m² (484 sq ft), giving an estimated value of £2,074 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    484 sq ft

    45 m²

    Last Sale Price

    £93,000

    Aug 2023

    Estimated Valuation

    £93,322

    Est. £/sq ft

    £193/sq ft

    £2,074/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area484 sq ft (45 m²)
    EPC dateSept 2014
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Aug 2023

    £93,000

    4 Sept 2020

    £75,000

    9 Sept 2019

    £57,500

    Key Metrics

    Estimated valuation£93,322
    Value per sq ft / m²£193/sq ft (£2,074/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE9 district percentile10th percentile
    National percentile3rd 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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