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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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50, Springfield Lane, Salford is recorded publicly as a modern leasehold house across 990 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 50, Springfield Lane, Salford is £338,859 and its rental estimate is £1,844 per month, given the available information and assuming reasonable condition.
Springfield Lane, Salford, M3 falls within the M3 postal district, in the borough of Salford.
50, Springfield Lane, Salford has 2 entries in the Land Registry , most recently in January 2021 and a single entry in the EPC database dated September 2017.
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.
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 50, Springfield Lane, Salford, we estimate a market value of £355,802 and a rental value of £1,936 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £315,139 and £1,715 per month respectively.
Over the last year, 50, Springfield Lane, Salford has seen its estimated sale value move down by £1,877 (0.6%) and its estimated rental value increase by £112 per month (6.1%). This results in an estimated gross rental yield of 6.5%.
50, Springfield Lane, Salford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Sep 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
The most recent sale of 50, Springfield Lane, Salford completed on 29th January 2021 at £335,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 12.2% over the period since January 2021.
Over the past 2 years 3 properties similar to 50, Springfield Lane, Salford have sold within a radius of 280 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd August 2024, was 20, Springfield Lane, Salford, M3 7FH, a leasehold house which sold for £356,000.
Read more about house prices in M3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 33 addresses on Springfield Lane, Salford, M3, 50, Springfield Lane, Salford comes out as the 6th largest and the 9th most expensive in our analysis of the public data.
It is also £112k more expensive than the average property across the M3 district.
From 50, Springfield Lane, Salford, the nearest station is Manchester Victoria, 600 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 50, Springfield Lane, Salford, % of property is and % is .
The graph below shows how this compares to North West 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 50, Springfield Lane, Salford, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to North West 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 50, Springfield Lane, Salford, 0.0% of property was a second home.
Comparison figures for North West 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 50, Springfield Lane, Salford, there are an average of 0.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.
