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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
|
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 49, Springfield Road is a period freehold house with 850 ft2 of internal area and sits on a 141 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 49, Springfield Road is £424,498 and the estimated rental value is £2,311 per month.
Springfield Road, London, E6 is located in the borough of Newham within the E6 postal district.
49, Springfield Road has 41 entries in the Land Registry , most recently in March 2016 and a single entry in the EPC database dated September 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 49, Springfield Road is in very good condition we estimate a sale value of £445,723 and a rental value of £2,426 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £394,783 and a rental value of £2,149 per month.
Over the last 12 months the sale value of 49 Springfield Road has decreased by an estimated £16,445 (3.9%) and its rental value has increased by an estimated £97 per month (4.2%), giving an expected gross yield of 6.5%.
According to data from HM Land Registry, 49, Springfield Road sits on a plot of 141m2.
We have plot size data on 48 out of 50 other houses in the postcode and 49, Springfield Road sits on the 13th largest plot.
49, Springfield Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Sep 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 49, Springfield Road was last sold on 29th March 2016 for £370,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since March 2016, the market for similar properties has risen 17.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49, Springfield Road within a radius of 390 metres over the last 2 years.
The most recent example is 9, Northfield Road, London, E6 2AJ, a freehold house which sold for £265,000 on the 19th July 2022.
Read more about house prices in E6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfield Road, London, E6 has a total of 66 addresses. According to our analysis of all the public data, 49, Springfield Road is the 44th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £41k more expensive than the average property in E6.
The nearest school is Kensington Primary School which is 270 metres away. The nearest train station is East Ham which is 600 metres away.
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