29, Springbank Road
29, Springbank Road
Description & Estimates
29, Springbank Road, Newcastle Upon Tyne is described in the public record as a period house with 1,625 ft2 of internal area, sitting on a 110 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 29, Springbank Road, Newcastle Upon Tyne is £355,274 and its rental estimate is £2,188 per month, given the available information and assuming reasonable condition.
Springbank Road, Newcastle Upon Tyne, NE2 falls within the NE2 postal district, in the borough of Newcastle upon Tyne.
Our Data Sources
29, Springbank Road, Newcastle Upon Tyne has no records in the the Land Registry and a single entry in the EPC database dated January 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 29, Springbank Road, Newcastle Upon Tyne, we estimate a market value of £373,037 and a rental value of £2,297 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £330,405 and £2,034 per month respectively.
Recent Market Change
Over the last year, 29, Springbank Road, Newcastle Upon Tyne has seen its estimated sale value grow by £5,085 (1.4%) and its estimated rental value climb by £76 per month (3.5%). This results in an estimated gross rental yield of 7.4%.
Plot Size
HM Land Registry records the plot of land for 29, Springbank Road, Newcastle Upon Tyne as measuring 110 m2.
That makes it the 14th largest plot in the postcode, where 33 of the 34 other houses have recorded plot data.
Energy Efficiency
29, Springbank Road, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Jan 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 29, Springbank Road, Newcastle Upon Tyne have sold within a radius of 400 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd December 2024, was 39, Springbank Road, Newcastle Upon Tyne, NE2 1PD, a freehold house which sold for £295,000.
Read more about house prices in NE2.
- Sold Dec 2024£295,000 | 4 Bed House39, Springbank Road, Newcastle Upon Tyne, NE2 1PD39, Springbank Road, Newcastle Upon Tyne, NE2 1PD
- Sold Sep 2024£346,000 | 4 Bed House5, Springbank Road, Newcastle Upon Tyne, NE2 1PD5, Springbank Road, Newcastle Upon Tyne, NE2 1PD
- Sold Aug 2024£307,000 | 4 Bed House31, Springbank Road, Newcastle Upon Tyne, NE2 1PD31, Springbank Road, Newcastle Upon Tyne, NE2 1PD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 73 addresses on Springbank Road, Newcastle Upon Tyne, NE2, 29, Springbank Road, Newcastle Upon Tyne comes out as the 7th largest and the 9th most expensive in our analysis of the public data.
It is also £92k more expensive than the average property across the NE2 district.
More reading links
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
From 29, Springbank Road, Newcastle Upon Tyne, the nearest station is Manors, 1.3 kilometres away.
- 1.3kmManors
- 2.2kmNewcastle
- 4.2kmHeworth
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
