71 Springbank RoadHouse Prices / North East, Newcastle upon Tyne, Springbank Road, NE2 1PD
Key Building Insights
71 Springbank Road is a residential building situated on Springbank Road, Newcastle Upon Tyne, NE2 with 2 addresses.
It ranks as the 301st largest and 780th most expensive of the 1,696 buildings in the NE2 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
- Flats
Key Building Insights
71 Springbank Road is a residential building situated on Springbank Road, Newcastle Upon Tyne, NE2 with 2 addresses.
It ranks as the 301st largest and 780th most expensive of the 1,696 buildings in the NE2 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
- Flats
House Pricesin 71 Springbank Road
Sale prices range from £147,435 for 2 bedroom leasehold flats with a garden (624 ft2) to £174,484 for 3 bedroom leasehold flats (871 ft2) .
Monthly rental prices range from £1,166 pcm for 2 bed flats to £1,295 pcm for 3 bed flats.
The gross rental yield is between 8.9% and 9.5%.
The average value per square foot is £218.
Sales Market Trendsin 71 Springbank Road
The last sale in 71 Springbank Road sold for £215,000 on 8th August 2006. Since then prices are down an average of 0.0%.
The current average value in the building is £160,960.
The 71 Springbank Road Sales Market has increased by 7.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.3% | £160,960 |
| May 2025 | 6.3% | £160,510 |
| May 2024 | -3.6% | £150,947 |
| May 2023 | 0.8% | £156,606 |
| May 2022 | 4.5% | £155,329 |
| May 2021 | 0% | £148,622 |
| May 2020 | 2.3% | £148,552 |
| May 2019 | -0.8% | £145,264 |
| May 2018 | -1.2% | £146,508 |
| May 2017 | -1.1% | £148,334 |
| May 2016 | 3.6% | £149,991 |
| May 2015 | 4.7% | £144,801 |
| May 2014 | 0.4% | £138,330 |
| May 2013 | 0.7% | £137,790 |
| May 2012 | -2% | £136,787 |
| May 2011 | -2.2% | £139,520 |
| May 2010 | 0.6% | £142,684 |
| May 2009 | -11% | £141,836 |
| May 2008 | -3.8% | £159,428 |
| May 2007 | 0% | £165,662 |
Rental Market Trendsin 71 Springbank Road
The current average rental value in the building is £1,231.
The 71 Springbank Road Rental Market has increased by 48.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.2% | £1,231pcm |
| May 2025 | 5.5% | £1,204pcm |
| May 2024 | 10.7% | £1,142pcm |
| May 2023 | 9.9% | £1,032pcm |
| May 2022 | 8% | £939pcm |
| May 2021 | 3.5% | £869pcm |
| May 2020 | 2.7% | £840pcm |
| May 2019 | 0.1% | £818pcm |
| May 2018 | -1% | £817pcm |
| May 2017 | -0.3% | £825pcm |
| May 2016 | 1.9% | £828pcm |
| May 2015 | 2.4% | £813pcm |
| May 2014 | 2% | £794pcm |
| May 2013 | 0.5% | £778pcm |
| May 2012 | 1.8% | £774pcm |
| May 2011 | 3.3% | £761pcm |
| May 2010 | 1.6% | £736pcm |
| May 2009 | -4.6% | £725pcm |
| May 2008 | -1.2% | £760pcm |
| May 2007 | 0% | £769pcm |
Explore Propertiesin 71, Springbank Road, Newcastle Upon Tyne, NE2 1PD
Sales Historyin 71, Springbank Road, Newcastle Upon Tyne, NE2 1PD
The last sale was on 8th August 2006 for £215,000 and since then the market in the area has remained stable. The building has had a total of 1 sales since 1995.
71, Springbank Road, Newcastle Upon Tyne, NE2 1PD has seen no sales in the last three years and no sales in the last twelve months.
Property Typesin 71 Springbank Road
- 2 period flats built between 1800 and 1911
- period flat (2)
Energy Efficiencyof properties in 71 Springbank Road
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (1)
- No EPC (0)
Top 3 Most Expensive Saleson Springbank Road, Newcastle Upon Tyne, NE2
- Sold Nov 2023£1,328,589 | 2 Bed FlatSpringbank Road75, Springbank Road, Newcastle Upon Tyne, NE2 1PD
- Sold Sep 2024£346,000 | 4 Bed HouseSpringbank Road5, Springbank Road, Newcastle Upon Tyne, NE2 1PD
- Sold Feb 2025£307,490 | 3 Bed HouseSpringbank Road19, Springbank Road, Newcastle Upon Tyne, NE2 1PD
Schools Nearby
- 200mSt Catherine's Catholic Primary School
- 500mHotspur Primary School
- 700mSt Teresa's Catholic Primary School, Heaton
- 1.3kmJesmond Park Academy
- 2.3kmBenfield School
- 2.3kmNorth East Futures UTC
More reading links
Public Transport Nearby
The closest station to 71, Springbank Road, Newcastle Upon Tyne, NE2 1PD is Manors station, which is 1.3 kilometres away.
- 1.3kmManors
- 2.2kmNewcastle
- 4.2kmHeworth
- 4.8kmDunston