Houses for sale in Springwell, Tyne and Wear

Frequently asked questions about buying in Springwell

What is the average house price in Springwell?

There are only 8 homes for sale in Springwell itself, so these figures cover the 286 homes for sale within 3 km. The average home for sale within 3 km of Springwell is priced at £189,000. A few very expensive homes pull that average up, so a more typical price is £158,000.

How much does a 2 or 3 bedroom home cost in Springwell?

A typical 2-bedroom home within 3 km of Springwell costs £107,000 and a 3-bedroom home £175,000. So the extra bedroom adds about £68,000. 1-bedroom homes start at around £50,000, and 4-bedroom homes are about £330,000.

What price range should I expect in Springwell?

Most homes within 3 km of Springwell are priced between £36,000 and £1.03 million, leaving out the very cheapest and most expensive. One in five costs less than £84,000, and one in five £270,000 or more.

How many homes are for sale in Springwell?

There are 8 homes for sale in Springwell on Houses right now, plus 3 already under offer. Within 3 km there are 286, and the listings on this page include the nearest of them. 140 new listings came onto the market within 3 km in the last 30 days.

Are house prices going up in Springwell?

Yes. Homes put up for sale within 3 km of Springwell over the last 12 months were advertised at a typical £155,000, 3.3% higher than the year before (£150,000). By size, 1-bedroom homes are down 22%, 2-bedroom homes are up 2% and 3-bedroom homes are up 3%.

How long does it take to sell a home in Springwell?

Within 3 km of Springwell, homes usually sell or come off the market within about 5 weeks. About 46% go within the first month, and a quarter take longer than about 3 months. Houses go faster, in about 5 weeks against about 7 weeks for flats.

What do homes actually sell for in Springwell?

In the year to July 2026, 942 homes sold within 3 km of Springwell at a typical price of £153,000, according to HM Land Registry. Houses sold for about £163,000 and flats for about £78,000. Asking prices today are a little higher, at £158,000, as sellers usually ask above what homes finally sell for.

What rental yield can I get in Springwell?

About 11.2% gross for flats and 6.6% for houses. That compares typical rents with what flats and houses actually sold for within 3 km of Springwell over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes are for sale in Springwell?

Flats and apartments are the most common, about a quarter of homes for sale within 3 km of Springwell. Terraced houses come next, followed by semi-detached houses. Flats and apartments are the cheapest, at about £65,000, and detached houses the most expensive, at about £315,000.

Where are the cheapest places to buy near Springwell?

Of the areas around Springwell, Albany is the cheapest, with a typical asking price of £85,000, followed by Donwell (£150,000). Springwell itself is £188,000.

Are homes in Springwell freehold or leasehold?

About three quarters of homes for sale within 3 km of Springwell are freehold and the rest leasehold, which is mostly flats. There are 6 new-build homes on the market too.

What are the schools like in Springwell?

There are 1 primary and 0 secondary schools in Springwell.

Which train stations are in or near Springwell?

Springwell has no station of its own. The nearest is Heworth.