34, Springbank Road
34, Springbank Road
Description & Estimates
34, Springbank Road, Newcastle Upon Tyne is recorded publicly as a period freehold house across 1,011 ft2 of internal area, sitting on a 102 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 34, Springbank Road, Newcastle Upon Tyne is £275,820 and its rental estimate is £1,973 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
34, Springbank Road, Newcastle Upon Tyne has 41 entries in the Land Registry , most recently in September 2024 and a single entry in the EPC database dated April 2024.
We combine this information with that 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 34, Springbank Road, Newcastle Upon Tyne, we estimate a market value of £289,611 and a rental value of £2,072 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £256,512 and £1,835 per month respectively.
Recent Market Change
Over the last year, 34, Springbank Road, Newcastle Upon Tyne has seen its estimated sale value climb by £5,145 (1.9%) and its estimated rental value rise by £69 per month (3.5%). This results in an estimated gross rental yield of 8.6%.
Plot Size
HM Land Registry records the plot of land for 34, Springbank Road, Newcastle Upon Tyne as measuring 102 m2.
That makes it the 33rd largest plot in the postcode, where 33 of the 34 other houses have recorded plot data.
Energy Efficiency
34, Springbank Road, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Apr 2024.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 34, Springbank Road, Newcastle Upon Tyne completed on 13th September 2024 at £270,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 36.7% over the period since September 2024.
- Sold Sep 2024£270,500
- Sold Sep 2018£212,500
- Sold Sep 2012£160,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 34, 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 8th April 2021, was 28, Springbank Road, Newcastle Upon Tyne, NE2 1PD, a freehold house which sold for £238,500.
Read more about house prices in NE2.
- Sold Apr 2021£238,500 | 3 Bed House28, Springbank Road, Newcastle Upon Tyne, NE2 1PD28, Springbank Road, Newcastle Upon Tyne, NE2 1PD
- Sold Feb 2019£217,000 | 3 Bed House32, Springbank Road, Newcastle Upon Tyne, NE2 1PD32, Springbank Road, Newcastle Upon Tyne, NE2 1PD
- Sold Jul 2016£181,500 | 3 Bed House24, Springbank Road, Newcastle Upon Tyne, NE2 1PD24, Springbank Road, Newcastle Upon Tyne, NE2 1PD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 73 addresses on Springbank Road, Newcastle Upon Tyne, NE2, 34, Springbank Road, Newcastle Upon Tyne comes out as the 35th largest and the 33rd most expensive in our analysis of the public data.
It is also £13k more expensive than the average property across the NE2 district.
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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 34, 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.
