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10, Springfield Road appears in the public record as a leasehold apartment.
By comparing it to nearby properties, we estimate it to be a period apartment with 978 ft2 of internal area and a garden.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 10, Springfield Road is £915,131 and its rental estimate is £3,086 per month, given the available information and assuming reasonable condition.
10, Springfield Road is a residential building on Springfield Road, London, SW19 and falls within the SW19 postal district and the London Borough of Merton.
10, Springfield Road has 31 entries in the Land Registry , most recently in August 2010 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 10, Springfield Road, we estimate a market value of £960,888 and a rental value of £3,240 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £851,072 and £2,870 per month respectively.
Over the last year, 10, Springfield Road has seen its estimated sale value decrease by £22,327 (2.4%) and its estimated rental value grow by £148 per month (4.8%). This results in an estimated gross rental yield of 4.0%.
The most recent sale of 10, Springfield Road completed on 5th August 2010 at £499,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 37.4% over the period since August 2010.
Over the past 2 years 3 properties similar to 10, Springfield Road have sold within a radius of 450 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd April 2024, was Flat 22, Alwyne Mansions, Alwyne Road, London, SW19 7AD, a leasehold flat which sold for £850,000.
Read more about house prices in SW19.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 43 addresses on Springfield Road, London, SW19, 10, Springfield Road comes out as the 27th largest and the 20th most expensive in our analysis of the public data.
It is also £91k more expensive than the average property across the SW19 district.
From 10, Springfield Road, the nearest station is Wimbledon, 400 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 10, Springfield Road, 41.6% of property is privately rented and 28.8% is privately owned with a mortgage.
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 10, Springfield Road, 17.5% of residents are recorded as possessing school level qualifications and 71.6% 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 10, Springfield Road, the average age was 37.9 and the most common age was 32.
The graph below shows how this compares to Greater London 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 10, Springfield Road, 1.8% of property was a second home.
Comparison figures for Greater London 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 10, Springfield Road, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.