9, Springfield Lane
9, Springfield Lane
Description & Estimates
The public record describes 9, Springfield Lane, Newbury as a mid-century apartment with 538 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
9, Springfield Lane, Newbury has an estimated sale value of £157,370 and an estimated rental value of £885 per month, assuming reasonable condition and based on the information available.
Springfield Lane, Newbury, RG14 lies within the RG14 postal district.
Our Data Sources
9, Springfield Lane, Newbury has no records in the the Land Registry and a single entry in the EPC database dated February 2023.
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 9, Springfield Lane, Newbury would be worth £165,239, with a potential rental value of £929 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £146,355, with a rental value of £823 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 9, Springfield Lane, Newbury has decreased by £3,676 (2.3%) over the last year. During the same period, its estimated monthly rental value has grown by £21 (2.4%). The property's estimated gross yield is currently 6.7%.
Energy Efficiency
9, Springfield Lane, Newbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Feb 2023.
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 3 sales of comparable properties within 620 metres of 9, Springfield Lane, Newbury across the last 2 years.
Most recently, 3D, Belvedere Drive, Newbury, RG14 7DB, a leasehold flat, sold at £162,500 on the 12th July 2024.
Read more about house prices in RG14.
- Sold Jul 2024£162,500 | 2 Bed Flat3D, Belvedere Drive, Newbury, RG14 7DB3D, Belvedere Drive, Newbury, RG14 7DB
- Sold Jan 2024£142,500 | 2 Bed Flat114, Paddock Road, Newbury, RG14 7DH114, Paddock Road, Newbury, RG14 7DH
- Sold Apr 2019£180,000 | 2 Bed Flat120, Paddock Road, Newbury, RG14 7DH120, Paddock Road, Newbury, RG14 7DH
•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 9, Springfield Lane, Newbury as the 14th largest and the 14th most expensive of the 22 addresses on Springfield Lane, Newbury, RG14.
Against the RG14 postcode district average, it is £225k 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 9, 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.
