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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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According to the public record, 55, Springfield is a mid-century freehold house with 861 ft2 of internal area.
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 55, Springfield is £615,723 and the estimated rental value is £3,177 per month.
Springfield, London, E5 is located in the borough of Hackney within the E5 postal district.
55, Springfield has a single entry in the Land Registry from July 2016 and a single entry in the EPC database dated May 2016.
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 55, Springfield is in very good condition we estimate a sale value of £646,509 and a rental value of £3,336 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £572,623 and a rental value of £2,955 per month.
Over the last 12 months the sale value of 55 Springfield has decreased by an estimated £21,546 (3.5%) and its rental value has increased by an estimated £142 per month (4.5%), giving an expected gross yield of 6.2%.
55, Springfield has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 May 2016.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 55, Springfield was last sold on 26th July 2016 for £515,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2016, the market for similar properties has risen 51.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Springfield within a radius of 340 metres over the last 2 years.
The most recent example is 45, Springfield, London, E5 9EF, a freehold house which sold for £700,500 on the 26th April 2022.
Read more about house prices in E5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfield, London, E5 has a total of 311 addresses. According to our analysis of all the public data, 55, Springfield is the 79th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £35k more expensive than the average property in E5.
The closest station to 55, Springfield is Clapton station which is 700 metres 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 55, Springfield, 54.4% of property is socially rented and 28.0% is privately rented.
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 55, Springfield, 25.2% of residents are recorded as possessing school level qualifications and 41.7% 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 55, Springfield, the average age was 30.4 and the most common age was 2.
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 55, Springfield, 0.3% 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 55, Springfield, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
