3, Springfield Lane
3, Springfield Lane
Description & Estimates
The public record describes 3, Springfield Lane, Newbury as a mid-century apartment with 462 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
3, Springfield Lane, Newbury has an estimated sale value of £145,835 and an estimated rental value of £843 per month, assuming reasonable condition and based on the information available.
Springfield Lane, Newbury, RG14 lies within the RG14 postal district.
Our Data Sources
3, Springfield Lane, Newbury has no records in the the Land Registry and a single entry in the EPC database dated January 2014.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 3, Springfield Lane, Newbury would be worth £153,127, with a potential rental value of £886 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £135,627, with a rental value of £784 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 3, Springfield Lane, Newbury has dropped by £3,406 (2.3%) over the last year. During the same period, its estimated monthly rental value has risen by £20 (2.4%). The property's estimated gross yield is currently 6.9%.
Energy Efficiency
3, Springfield Lane, Newbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Jan 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 610 metres of 3, Springfield Lane, Newbury across the last 2 years.
Most recently, 3A, Belvedere Drive, Newbury, RG14 7DB, a leasehold flat, sold at £156,000 on the 25th January 2023.
Read more about house prices in RG14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 3, Springfield Lane, Newbury as the 20th largest and the 20th most expensive of the 22 addresses on Springfield Lane, Newbury, RG14.
Against the RG14 postcode district average, it is £236k less expensive than the typical property.
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Schools Nearby
- 300mThe Willows Primary School
- 700mSt John the Evangelist CofE Infant and Nursery School
- 900mHighwood Copse Primary School
- 1.1kmSt Bartholomew's School
- 1.8kmPark House School
- 2.8kmTrinity School
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Public Transport Nearby
Newbury station is the nearest stop to 3, Springfield Lane, Newbury at 1.2 kilometres away.
- 1.2kmNewbury
- 1.4kmNewbury Racecourse
- 5.2kmThatcham
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
