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According to the public record, 51, Springfield Road, Retford is a mid-century leasehold apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 51, Springfield Road, Retford is £77,035 and the estimated rental value is £485 per month.
Springfield Road, Retford, DN22 is located in the borough of Bassetlaw within the DN22 postal district.
51, Springfield Road, Retford has 2 entries in the Land Registry , most recently in October 2018 and a single entry in the EPC database dated May 2014.
We combine this information with that 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.
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 51, Springfield Road, Retford is in very good condition we estimate a sale value of £80,887 and a rental value of £510 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £71,643 and a rental value of £451 per month.
Over the last 12 months the sale value of 51 Springfield Road Retford has decreased by an estimated £1,583 (2.1%) and its rental value has increased by an estimated £9 per month (1.9%), giving an expected gross yield of 7.6%.
51, Springfield Road, Retford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 May 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 51, Springfield Road, Retford was last sold on 8th October 2018 for £62,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2018, the market for similar properties has risen 30.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 51, Springfield Road, Retford within a radius of 580 metres over the last 2 years.
The most recent example is 2, Wellesley Court, Retford, DN22 6RG, a leasehold flat which sold for £100,000 on the 3rd April 2024.
Read more about house prices in DN22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfield Road, Retford, DN22 has a total of 66 addresses. According to our analysis of all the public data, 51, Springfield Road, Retford is the 66th largest and the 66th most expensive property on the street.
When compared to the postcode district it is £163k less expensive than the average property in DN22.
The closest station to 51, Springfield Road, Retford is Retford station which is 1.4 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 51, Springfield Road, Retford, 57.6% of property is socially rented and 15.3% 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 51, Springfield Road, Retford, 26.3% of residents are recorded as possessing school level qualifications and 10.8% 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 51, Springfield Road, Retford, the average age was 43.7 and the most common age was 57.
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 51, Springfield Road, Retford, 0.8% 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 51, Springfield Road, Retford, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
