Springbank House, Helmsley Road, Newcastle Upon Tyne, NE2 is a residential building located on Helmsley Road, Newcastle Upon Tyne, NE2. It is the 927th largest building in the NE2 area.
It contains 28 flats and the most common type of property is a mid-century flat built between 1936 and 1979.
The average house value is £129,106. Sales values have increased in the last 12 months by 2.0% and Rental values have increased by 8.3%.
Property sale values range from £129,106 for a leasehold flat, with 1 bedrooms split across 312 square feet of gross internal area and has no outside space to £177,525 for a leasehold flat, with 3 bedrooms split across 1,076 square feet of gross internal area and has no outside space.
Average £/ft2 for properties in Springbank House, Helmsley Road, Newcastle Upon Tyne, NE2 is £414/ft2.
Properties achieve a rental yield of between 8.2% and 8.8%, and rental values range from £943 to £1,206 per month.
The last sale was 26 Apr 2024 for £199,950 and since then the market in the area has increased by 0%. The building has had a total of 4 sales since 1995.
Springbank House, Helmsley Road, Newcastle Upon Tyne, NE2 has seen 4 sales in the last three years and 1 sale in the last twelve months.
Springbank House, Helmsley Road, Newcastle Upon Tyne, NE2 is a residential building located on Helmsley Road, Newcastle Upon Tyne, NE2 with 28 flats.
The most common property type in Springbank House, Helmsley Road, Newcastle Upon Tyne, NE2 is a mid-century flat built between 1936 and 1979.
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to Springbank House, Helmsley Road, Newcastle Upon Tyne, NE2 is Manors station which is 1.3 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Springbank House, Helmsley Road, Newcastle Upon Tyne, NE2, 49.4% of property is privately rented and 32.2% is socially rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Springbank House, Helmsley Road, Newcastle Upon Tyne, NE2, 52.9% of residents are recorded as possessing school level qualifications and 41.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Springbank House, Helmsley Road, Newcastle Upon Tyne, NE2, the average age was 32.1 and the most common age was 22.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Springbank House, Helmsley Road, Newcastle Upon Tyne, NE2, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Springbank House, Helmsley Road, Newcastle Upon Tyne, NE2, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.