Our Data Sources
40, Springbank Road, Newcastle Upon Tyne has 3 entries in the Land Registry , most recently in December 2022 and a single entry in the EPC database dated April 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 40, Springbank Road, Newcastle Upon Tyne, we estimate a market value of £158,477 and a rental value of £1,238 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £140,365 and £1,097 per month respectively.
Energy Efficiency
40, Springbank Road, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Apr 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 40, Springbank Road, Newcastle Upon Tyne completed on 9th December 2022 at £154,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 5.9% over the period since December 2022.
- Sold Dec 2022£154,000
- Sold Jan 2014£132,000
- Sold Feb 2009£88,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 40, 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 31st October 2025, was 197, Helmsley Road, Newcastle Upon Tyne, NE2 1RD, a leasehold flat which sold for £185,000.
Read more about house prices in NE2.
- Sold Oct 2025£185,000 | 2 Bed Flat197, Helmsley Road, Newcastle Upon Tyne, NE2 1RD197, Helmsley Road, Newcastle Upon Tyne, NE2 1RD
- Sold Sep 2025£190,000 | 2 Bed Flat34, Amble Grove, Newcastle Upon Tyne, NE2 1NY34, Amble Grove, Newcastle Upon Tyne, NE2 1NY
- Sold Mar 2025£130,000 | 2 Bed Flat56, Greystoke Avenue, Newcastle Upon Tyne, NE2 1PN56, Greystoke Avenue, Newcastle Upon Tyne, NE2 1PN
•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, 40, Springbank Road, Newcastle Upon Tyne comes out as the 53rd largest and the 50th most expensive in our analysis of the public data.
It is also £112k less 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
- 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.
