8, Springwell Road
8, Springwell Road
Description & Estimates
According to the public record, 8, Springwell Road, Gateshead is a mid-century apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Springwell Road, Gateshead is £72,285 and the estimated rental value is £593 per month.
Springwell Road, Wrekenton, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
Our Data Sources
8, Springwell Road, Gateshead has no records in the the Land Registry and a single entry in the EPC database dated May 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 8, Springwell Road, Gateshead is in very good condition we estimate a sale value of £75,899 and a rental value of £622 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £67,225 and a rental value of £551 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 8, Springwell Road, Gateshead has moved down by £421 (0.6%), while its estimated rental value has increased by £12 per month (2.0%). Based on current estimates, the property offers a gross rental yield of 9.8%.
Energy Efficiency
8, Springwell Road, Gateshead has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 May 2023.
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
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Springwell Road, Gateshead within a radius of 610 metres over the last 2 years.
The most recent example is 141, High Street, Gateshead, NE9 7JR, a leasehold flat which sold for £140,000 on the 6th December 2024.
Read more about house prices in NE9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Springwell Road, Wrekenton, Gateshead, NE9 has a total of 87 addresses. According to our analysis of all the public data, 8, Springwell Road, Gateshead is the 82nd largest and the 74th most expensive property on the street.
When compared to the postcode district it is £90k less expensive than the average property in NE9.
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Schools Nearby
- 200mSt Oswald's Catholic Primary, Wrekenton
- 400mFell Dyke Community Primary School
- 900mLarkspur Community Primary School
- 1.1kmCardinal Hume Catholic School, Gateshead
- 2.1kmXP Gateshead
- 2.1kmGrace College
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Public Transport Nearby
The closest station to 8, Springwell Road, Gateshead is Heworth station, which is 3.1 kilometres away.
- 3.1kmHeworth
- 5.1kmDunston
- 5.5kmNewcastle
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
