48 Springbank Road, Newcastle Upon Tyne, NE2 1PD is a freehold detached property built between 1967-1975. The property offers approximately 1,141 square feet of living space. In this location, properties of similar size usually have four bedrooms.

The estimated current market value of the property is £417,975 , which equates to approximately £366 per square foot. It was last sold on 31 Jan 2003 for £175,000. Since then, the value has increased by £242,975, representing a 138.8% increase, or approximately 6.1% per year.

The current estimated value of £417,975 is:

  • 70.1% higher than the average property price on Springbank Road
  • 63.1% higher than the average in the NE2 1PD postcode area
  • and 57.7% higher than the average price for Newcastle Upon Tyne as a whole

View sold house prices in NE2 1PD

Building approximate location

About Property

Type
Terraced House
Built
1967-1975
Interior Size
1141 sq ft
Tenure
Freehold
Price (estimate)
£417,975
Price Per sq ft (estimate)
£366
Bedroom Count (estimate)
4 bedrooms

EPC Summary

48 Springbank Road, Newcastle Upon Tyne, Tyne And Wear, NE2 1PD has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 7 Sep 2012.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE2 1PD

4 th / 61
Price Rank
63% higher than average
21 st / 51
Size Rank
25% bigger than average
4 th / 51
Price Per Sq FT Rank
31% higher than average

Compared to other properties in NE2 1PD , this house's estimated value ranks 4th out of 61. Based on price per square foot, it ranks 4th out of 51 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 21th out of 51 properties in its postcode area.

Sale History

Today
£417,975
streetscan.co.uk estimate
+139 %
31 Jan 2003
£175,000
Leasehold

Area Insights

Nearby Properties

rooms: 3
size: 689 sq ft
sale price: £37,500
sale date: 28 Feb 1995
rooms: 4
size: 872 sq ft
sale price: £30,500
sale date: 10 Dec 1996
rooms: 4
size: 678 sq ft
sale price: £83,000
sale date: 8 Apr 2002
rooms: 4
size: 775 sq ft
sale price: £132,500
sale date: 6 Aug 2015
rooms: 3
size: 635 sq ft
sale price: £125,000
sale date: 21 Mar 2023

Data Sources

The property at 48 Springbank Road, Newcastle Upon Tyne, Tyne And Wear, NE2 1PD appears once in the Land Registry records, with the transaction recorded on 31 Jan 2003. It also has a single Energy Performance Certificate (EPC) from 7 Sep 2012. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.