83, Springbank Road
83, Springbank Road
Description & Estimates
83, Springbank Road, Newcastle Upon Tyne is recorded publicly as a period leasehold apartment across 613 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 83, Springbank Road, Newcastle Upon Tyne is £146,248 and its rental estimate is £1,161 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
83, Springbank Road, Newcastle Upon Tyne has 31 entries in the Land Registry , most recently in October 2023 and a single entry in the EPC database dated February 2018.
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 83, Springbank Road, Newcastle Upon Tyne, we estimate a market value of £153,561 and a rental value of £1,219 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £136,011 and £1,080 per month respectively.
Recent Market Change
Over the last year, 83, Springbank Road, Newcastle Upon Tyne has seen its estimated sale value increase by £549 (0.4%) and its estimated rental value grow by £26 per month (2.3%). This results in an estimated gross rental yield of 9.5%.
Energy Efficiency
83, Springbank Road, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Feb 2018.
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 83, Springbank Road, Newcastle Upon Tyne completed on 20th October 2023 at £138,500 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 9.5% over the period since October 2023.
- Sold Oct 2023£138,500
- Sold Feb 1998£46,000
- Sold Apr 1997£32,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 83, Springbank Road, Newcastle Upon Tyne have sold within a radius of 420 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th June 2025, was 60, Kelvin Grove, Newcastle Upon Tyne, NE2 1RL, a leasehold flat which sold for £180,000.
Read more about house prices in NE2.
- Sold Jun 2025£180,000 | 2 Bed Flat60, Kelvin Grove, Newcastle Upon Tyne, NE2 1RL60, Kelvin Grove, Newcastle Upon Tyne, NE2 1RL
- Sold Jan 2025£146,500 | 2 Bed Flat51, Hotspur Street, Newcastle Upon Tyne, NE6 5BE51, Hotspur Street, Newcastle Upon Tyne, NE6 5BE
- Sold Mar 2021£112,000 | 2 Bed Flat63, Greystoke Avenue, Newcastle Upon Tyne, NE2 1PN63, Greystoke Avenue, Newcastle Upon Tyne, NE2 1PN
•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, 83, Springbank Road, Newcastle Upon Tyne comes out as the 67th largest and the 62nd most expensive in our analysis of the public data.
It is also £117k 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
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Public Transport Nearby
From 83, 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.
