Flat 2, 1
Flat 2, 1
Description & Estimates
Flat 2, 1, Springbank Road, Newcastle Upon Tyne is described in the public record as a period apartment with 613 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of Flat 2, 1, Springbank Road, Newcastle Upon Tyne is £123,980 and its rental estimate is £1,057 per month, given the available information and assuming reasonable condition.
1, Springbank Road is a residential building on Springbank Road, Newcastle Upon Tyne, NE2 and falls within the NE2 postal district and the borough of Newcastle upon Tyne.
Our Data Sources
Flat 2, 1, Springbank Road, Newcastle Upon Tyne has no recent1 records in the the Land Registry and a single entry in the EPC database dated June 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 Flat 2, 1, Springbank Road, Newcastle Upon Tyne, we estimate a market value of £130,179 and a rental value of £1,110 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £115,302 and £983 per month respectively.
Recent Market Change
Over the last year, Flat 2, 1, Springbank Road, Newcastle Upon Tyne has seen its estimated sale value move up by £465 (0.4%) and its estimated rental value increase by £24 per month (2.3%). This results in an estimated gross rental yield of 10.2%.
Energy Efficiency
Flat 2, 1, Springbank Road, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Jun 2020.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 2, 1, Springbank Road, Newcastle Upon Tyne completed on 24th November 2006 at £138,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
- Sold Nov 2006£138,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, 1, Springbank Road, Newcastle Upon Tyne have sold within a radius of 410 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd August 2025, was 139, Warwick Street, Newcastle Upon Tyne, NE6 5AR, a leasehold flat which sold for £100,440.
Read more about house prices in NE2.
- Sold Aug 2025£100,440 | 2 Bed FlatWarwick Street139, Warwick Street, Newcastle Upon Tyne, NE6 5AR
- Sold Aug 2025£125,000 | 2 Bed FlatWarwick Street91, Warwick Street, Newcastle Upon Tyne, NE6 5AR
- Sold Jul 2021£120,000 | 2 Bed Flat1, Springbank RoadFlat 4, 1, 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, Flat 2, 1, Springbank Road, Newcastle Upon Tyne comes out as the 66th largest and the 72nd most expensive in our analysis of the public data.
It is also £139k 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
From Flat 2, 1, 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.
