Apartment 3, Springfield House
Apartment 3, Springfield House
Description & Estimates
Public records show Apartment 3, Springfield House, Malvern to be a modern leasehold apartment with 613 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Apartment 3, Springfield House, Malvern has an estimated sale value of £184,867 and an estimated rental value of £872 per month, assuming reasonable condition and based on the information available.
The apartment sits within Springfield House, Como Road, Malvern, WR14.
Como Road, Malvern, WR14 lies in the borough of Malvern Hills, within the WR14 postal district.
Our Data Sources
Apartment 3, Springfield House, Malvern has 2 entries in the Land Registry , most recently in November 2018 and a single entry in the EPC database dated December 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Apartment 3, Springfield House, Malvern would be worth £194,110, with a potential rental value of £916 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £171,926, with a rental value of £811 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 Apartment 3, Springfield House, Malvern has declined by £1,271 (0.7%) over the last year. During the same period, its estimated monthly rental value has climbed by £30 (3.5%). The property's estimated gross yield is currently 5.7%.
Energy Efficiency
Apartment 3, Springfield House, Malvern has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Dec 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Apartment 3, Springfield House, Malvern last changed hands on 21st November 2018, selling for £179,950. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 8.3% since November 2018.
- Sold Nov 2018£179,950
- Sold Feb 2007£165,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 790 metres of Apartment 3, Springfield House, Malvern across the last 2 years.
Most recently, Apartment 50, Cartwright Court 2, Victoria Road, Malvern, WR14 2GE, a leasehold flat, sold at £150,000 on the 19th April 2024.
Read more about house prices in WR14.
- Sold Apr 2024£150,000 | 2 Bed FlatCartwright Court 2, Victoria RoadApartment 50, Cartwright Court 2, Victoria Road, Malvern, WR14 2GE
- Sold Aug 2022£175,000 | 2 Bed FlatCartwright Court 2, Victoria RoadApartment 17, Cartwright Court 2, Victoria Road, Malvern, WR14 2GE
- Sold Jul 2022£201,000 | 2 Bed FlatCartwright Court 2, Victoria RoadApartment 3, Cartwright Court 2, Victoria Road, Malvern, WR14 2GE
•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 Apartment 3, Springfield House, Malvern as the 24th largest and the 24th most expensive of the 24 addresses on Como Road, Malvern, WR14.
Against the WR14 postcode district average, it is £163k less expensive than the typical property.
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Schools Nearby
- 800mMalvern Parish CofE Primary School
- 1.0kmGrove Primary School
- 1.2kmSt Joseph's Catholic Primary School
- 1.6kmThe Chase
- 2.2kmDyson Perrins CofE Academy
- 7.5kmHanley Castle High School
More reading links
Public Transport Nearby
Great Malvern station is the nearest stop to Apartment 3, Springfield House, Malvern at 700 metres away.
- 700mGreat Malvern
- 1.4kmMalvern Link
- 4.3kmColwall
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
