57 Springbank Road, Newcastle Upon Tyne, NE2 1PD is a leasehold flat built between 1900-1929. The property offers approximately 657 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £181,945 , which equates to approximately £277 per square foot. It was last sold on 14 Jun 2021 for £165,000. Since then, the value has increased by £16,945, representing a 10.3% increase, or approximately 2.3% per year.

The current estimated value of £181,945 is:

  • 26.0% lower than the average property price on Springbank Road
  • 29.0% lower than the average in the NE2 1PD postcode area
  • and 31.4% lower than the average price for Newcastle Upon Tyne as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 12 February 2021, the property was recorded as owner-occupied.

View sold house prices in NE2 1PD

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
657 sq ft
Tenure
Leasehold
Price (estimate)
£181,945
Price Per sq ft (estimate)
£277
Bedroom Count (estimate)
2 bedrooms

EPC Summary

57 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 12 Feb 2021.

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.

The previous EPC assessment was conducted on 16 Jul 2018. The rating of D remains the same, but the energy efficiency score improved by 21.4%.

Since the previous assessment, several changes were observed:

  • The windows were upgraded from single glazed to fully double glazed.
  • The lighting was changed from low energy lighting in 71% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
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

44 th / 61
Price Rank
29% lower than average
38 th / 51
Size Rank
28% smaller than average
21 st / 51
Price Per Sq FT Rank
1% lower than average

Compared to other properties in NE2 1PD , this flat's estimated value ranks 44th out of 61. Based on price per square foot, it ranks 21th out of 51 properties. In terms of size, this home ranks 38th out of 51 properties in its postcode area.

Sale History

Today
£181,945
streetscan.co.uk estimate
+10 %
14 Jun 2021
£165,000
Leasehold
+37.5 %
28 Feb 2019
£120,000
Leasehold
+198.1 %
21 Jul 1997
£40,250
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 614 sq ft
sale price: £138,500
sale date: 20 Oct 2023
rooms: 3
size: 678 sq ft
sale price: £127,500
sale date: 21 Sep 2020
rooms: 4
size: 624 sq ft
sale price: £122,500
sale date: 20 Dec 2019
rooms: 3
size: 614 sq ft
sale price: £103,975
sale date: 8 Oct 2018
rooms: 4
size: 678 sq ft
sale price: £163,000
sale date: 15 Jan 2016

Data Sources

The property at 57 Springbank Road, Newcastle Upon Tyne, NE2 1PD appears three times in the Land Registry records, with the latest transaction recorded on 14 Jun 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Feb 2021. 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.