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Springfield Place is a residential street with 17 addresses.
It ranks as the 278th largest and 806th most expensive of the 813 streets in the CM1 area. The dominant property type is a modern house built after 1980.
The street contains a total of 17 properties: 17 houses.
Springfield Place is a residential street with 17 addresses.
It ranks as the 278th largest and 806th most expensive of the 813 streets in the CM1 area. The dominant property type is a modern house built after 1980.
The street contains a total of 17 properties: 17 houses.
Sale prices range from £961,189 for 4 bedroom freehold houses with a garden (1,496 ft2) to £1,290,684 for 5 bedroom freehold houses with a garden (2,375 ft2) .
Monthly rental prices range from £3,029 pcm for 4 bed houses to £4,159 pcm for 5 bed houses.
The gross rental yield is between 3.8% and 3.9%.
The average value per square foot is £544.
The last sale on Springfield Place sold for £950,000 on 17th November 2023. Since then prices are up an average of 0.5%.
The current average value in the street is £1,176,577.
The Springfield Place Sales Market has increased by 25.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.9% | £1,176,577 |
| May 2025 | 2.1% | £1,187,714 |
| May 2024 | -3.1% | £1,163,616 |
| May 2023 | 1.9% | £1,200,505 |
| May 2022 | 6.9% | £1,178,453 |
| May 2021 | 6.4% | £1,102,074 |
| May 2020 | 1.6% | £1,035,541 |
| May 2019 | 0.4% | £1,019,129 |
| May 2018 | 0.4% | £1,014,638 |
| May 2017 | 7.5% | £1,011,006 |
| May 2016 | 10.1% | £940,685 |
| May 2015 | 9.2% | £854,146 |
| May 2014 | 9.3% | £782,045 |
| May 2013 | 0.2% | £715,775 |
| May 2012 | 2% | £714,137 |
| May 2011 | 3% | £700,331 |
| May 2010 | 10.2% | £680,223 |
| May 2009 | -10.3% | £617,311 |
| May 2008 | 0.1% | £688,513 |
| May 2007 | 0% | £687,723 |
The current average rental value in the street is £3,775.
The Springfield Place Rental Market has increased by 57.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.3% | £3,775pcm |
| May 2025 | 4.5% | £3,656pcm |
| May 2024 | 8.2% | £3,499pcm |
| May 2023 | 11.1% | £3,234pcm |
| May 2022 | 5.9% | £2,911pcm |
| May 2021 | 6.5% | £2,748pcm |
| May 2020 | 2% | £2,580pcm |
| May 2019 | 2.7% | £2,530pcm |
| May 2018 | -0.5% | £2,463pcm |
| May 2017 | 3.2% | £2,476pcm |
| May 2016 | 2.8% | £2,400pcm |
| May 2015 | 3.3% | £2,334pcm |
| May 2014 | 4.1% | £2,258pcm |
| May 2013 | 2% | £2,169pcm |
| May 2012 | 2.3% | £2,127pcm |
| May 2011 | 4.7% | £2,079pcm |
| May 2010 | 6.5% | £1,986pcm |
| May 2009 | -4.8% | £1,864pcm |
| May 2008 | 6.8% | £1,959pcm |
| May 2007 | 0% | £1,834pcm |
The last sale was on 17th November 2023 for £950,000 and since then the market in the area has increased by 0.5%. The street has had a total of 11 sales since 1995.
Springfield Place, Chelmsford, CM1 has seen 1 sale in the last three years and no sales in the last twelve months.
Springfield Place, Chelmsford, CM1 is the 278th largest and the 806th most expensive street in the CM1 area.
There is 1 postcode on Springfield Place, Chelmsford, CM1.
The closest station to Springfield Place, Chelmsford, CM1 is Chelmsford station which is 1.8 kilometres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 Springfield Place, Chelmsford, CM1, 61.3% of property is privately owned outright and 25.8% is privately owned with a mortgage.
The graph below shows how this compares to East of England 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 Springfield Place, Chelmsford, CM1, 17.9% of residents are recorded as possessing school level qualifications and 44.7% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Springfield Place, Chelmsford, CM1, the average age was 41.4 and the most common age was 57.
The graph below shows how this compares to East of England 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 Springfield Place, Chelmsford, CM1, 0.8% of property was a second home.
Comparison figures for East of England 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 Springfield Place, Chelmsford, CM1, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.