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Springwell Avenue is a residential street with 10 addresses.
It ranks as the 240th largest and 41st most expensive of the 1,126 streets in the NE9 area. The dominant property type is a early-century flat built between 1912 and 1935.
The street contains a total of 10 properties: 10 flats.
Springwell Avenue is a residential street with 10 addresses.
It ranks as the 240th largest and 41st most expensive of the 1,126 streets in the NE9 area. The dominant property type is a early-century flat built between 1912 and 1935.
The street contains a total of 10 properties: 10 flats.
Sale prices range from £68,963 for 2 bedroom leasehold flats (570 ft2) to £85,054 for 3 bedroom leasehold flats (914 ft2) .
Monthly rental prices range from £564 pcm for 2 bed flats to £710 pcm for 3 bed flats.
The gross rental yield is between 9.8% and 10.0%.
The average value per square foot is £118.
The last sale on Springwell Avenue sold for £60,000 on 11th September 2017. Since then prices are up an average of 15.5%.
The current average value in the street is £71,426.
The Springwell Avenue Sales Market has increased by 15.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.2% | £71,426 |
| May 2025 | 1.4% | £71,585 |
| May 2024 | 2.4% | £70,606 |
| May 2023 | 1% | £68,964 |
| May 2022 | 5.6% | £68,255 |
| May 2021 | 2.9% | £64,611 |
| May 2020 | 0.2% | £62,777 |
| May 2019 | 0.8% | £62,640 |
| May 2018 | -1.4% | £62,113 |
| May 2017 | 1.4% | £62,980 |
| May 2016 | 0.2% | £62,132 |
| May 2015 | -1.4% | £62,005 |
| May 2014 | 2.9% | £62,904 |
| May 2013 | -1.1% | £61,125 |
| May 2012 | -3.4% | £61,784 |
| May 2011 | -0.7% | £63,989 |
| May 2010 | -1.9% | £64,436 |
| May 2009 | -10.4% | £65,679 |
| May 2008 | -2.7% | £73,298 |
| May 2007 | 0% | £75,315 |
The current average rental value in the street is £586.
The Springwell Avenue Rental Market has increased by 40.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.4% | £586pcm |
| May 2025 | 4.7% | £572pcm |
| May 2024 | 9.6% | £546pcm |
| May 2023 | 6.7% | £498pcm |
| May 2022 | 9.2% | £467pcm |
| May 2021 | 3.3% | £428pcm |
| May 2020 | 2.2% | £414pcm |
| May 2019 | -1.1% | £405pcm |
| May 2018 | -0.8% | £409pcm |
| May 2017 | -1% | £413pcm |
| May 2016 | -0.7% | £417pcm |
| May 2015 | -0.1% | £420pcm |
| May 2014 | -0.3% | £420pcm |
| May 2013 | -1.3% | £421pcm |
| May 2012 | -1.4% | £427pcm |
| May 2011 | 1.1% | £433pcm |
| May 2010 | -2% | £428pcm |
| May 2009 | -4.9% | £437pcm |
| May 2008 | 1.5% | £460pcm |
| May 2007 | 0% | £453pcm |
The last sale was on 11th September 2017 for £60,000 and since then the market in the area has increased by 15.5%. The street has had a total of 1 sales since 1995.
Springwell Avenue, Gateshead, NE9 has seen no sales in the last three years and no sales in the last twelve months.
Springwell Avenue, Gateshead, NE9 is the 240th largest and the 41st most expensive street in the NE9 area.
There is 1 postcode on Springwell Avenue, Gateshead, NE9.
The closest station to Springwell Avenue, Gateshead, NE9 is Heworth station which is 3.2 kilometres away.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Springwell Avenue, Gateshead, NE9, 36.0% of property is privately owned outright and 32.7% is socially rented.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Springwell Avenue, Gateshead, NE9, 14.4% of residents are recorded as possessing school level qualifications and 17.4% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Springwell Avenue, Gateshead, NE9, the average age was 39.6 and the most common age was 57.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Springwell Avenue, Gateshead, NE9, 0.3% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Springwell Avenue, Gateshead, NE9, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.