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Springfield Road is a residential street with 19 addresses.
It ranks as the 497th largest and 923rd most expensive of the 1,164 streets in the NG5 area. The dominant property type is a early-century house built between 1912 and 1935.
The street contains a total of 19 properties: 19 houses.
Springfield Road is a residential street with 19 addresses.
It ranks as the 497th largest and 923rd most expensive of the 1,164 streets in the NG5 area. The dominant property type is a early-century house built between 1912 and 1935.
The street contains a total of 19 properties: 19 houses.
Sale prices range from £217,696 for 2 bedroom freehold houses with a garden (548 ft2) to £365,795 for 4 bedroom freehold houses with a garden (1,431 ft2) .
Monthly rental prices range from £861 pcm for 2 bed houses to £1,239 pcm for 4 bed houses.
The gross rental yield is between 4.1% and 4.8%.
The average value per square foot is £316.
The last sale on Springfield Road sold for £227,500 on 2nd July 2025. Since then prices are down an average of 2.1%.
The current average value in the street is £286,292.
The Springfield Road Sales Market has increased by 52.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -2.5% | £286,292 |
| May 2025 | 3.1% | £293,692 |
| May 2024 | 0.1% | £284,888 |
| May 2023 | 4.5% | £284,653 |
| May 2022 | 11.5% | £272,284 |
| May 2021 | 8.7% | £244,140 |
| May 2020 | 3.7% | £224,506 |
| May 2019 | 4% | £216,418 |
| May 2018 | 4.9% | £207,995 |
| May 2017 | 5.5% | £198,236 |
| May 2016 | 5.2% | £187,899 |
| May 2015 | 5.6% | £178,622 |
| May 2014 | 6.5% | £169,129 |
| May 2013 | 2.1% | £158,782 |
| May 2012 | 1% | £155,497 |
| May 2011 | -2.5% | £153,985 |
| May 2010 | 7.3% | £157,991 |
| May 2009 | -10.8% | £147,210 |
| May 2008 | -4.8% | £165,018 |
| May 2007 | 0% | £173,397 |
The current average rental value in the street is £1,054.
The Springfield Road Rental Market has increased by 67.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.8% | £1,054pcm |
| May 2025 | 3% | £1,036pcm |
| May 2024 | 5.4% | £1,006pcm |
| May 2023 | 10.2% | £955pcm |
| May 2022 | 10.8% | £866pcm |
| May 2021 | 6.4% | £781pcm |
| May 2020 | 5.2% | £734pcm |
| May 2019 | 3.7% | £698pcm |
| May 2018 | 3.4% | £673pcm |
| May 2017 | 3.3% | £651pcm |
| May 2016 | 4.8% | £630pcm |
| May 2015 | 2.6% | £601pcm |
| May 2014 | 3.7% | £586pcm |
| May 2013 | 1.1% | £565pcm |
| May 2012 | 1.2% | £559pcm |
| May 2011 | 3.2% | £552pcm |
| May 2010 | 2.9% | £535pcm |
| May 2009 | -4.3% | £520pcm |
| May 2008 | -0.4% | £543pcm |
| May 2007 | 0% | £545pcm |
The last sale was on 2nd July 2025 for £227,500 and since then the market in the area has decreased by 2.1%. The street has had a total of 27 sales since 1995.
Springfield Road, Redhill, Nottingham, NG5 has seen 3 sales in the last three years and 1 sale in the last twelve months.
Springfield Road, Redhill, Nottingham, NG5 is the 497th largest and the 923rd most expensive street in the NG5 area.
There is 1 postcode on Springfield Road, Redhill, Nottingham, NG5.
The closest station to Springfield Road, Redhill, Nottingham, NG5 is Bulwell station which is 4.3 kilometres away.
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According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 Road, Redhill, Nottingham, NG5, 56.5% of property is privately owned outright and 35.5% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands 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 Road, Redhill, Nottingham, NG5, 19.4% of residents are recorded as possessing school level qualifications and 38.3% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Springfield Road, Redhill, Nottingham, NG5, the average age was 42.4 and the most common age was 52.
The graph below shows how this compares to East Midlands 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 Road, Redhill, Nottingham, NG5, 2.0% of property was a second home.
Comparison figures for East Midlands 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 Road, Redhill, Nottingham, NG5, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.