Basement Flat, 1
Basement Flat, 1
Description & Estimates
Basement Flat, 1, Springdale Road appears in the public record as a leasehold apartment.
We estimate it to be a period apartment with 1,121 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Basement Flat, 1, Springdale Road is £992,954 and its rental estimate is £4,115 per month, given the available information and assuming reasonable condition.
1, Springdale Road is a residential building on Springdale Road, London, N16 and falls within the N16 postal district and the London Borough of Hackney.
Our Data Sources
Basement Flat, 1, Springdale Road has 2 entries in the Land Registry , most recently in April 2026 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 Basement Flat, 1, Springdale Road, we estimate a market value of £1,042,601 and a rental value of £4,321 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £923,447 and £3,827 per month respectively.
Recent Market Change
Over the last year, Basement Flat, 1, Springdale Road has seen its estimated sale value drop by £22,120 (2.2%) and its estimated rental value rise by £252 per month (6.1%). This results in an estimated gross rental yield of 5.0%.
Sold Prices
The most recent sale of Basement Flat, 1, Springdale Road completed on 28th April 2026 at £859,649 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 17.1% over the period since April 2026.
- Sold Apr 2026£859,649
- Sold Jun 2020£825,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Basement Flat, 1, Springdale Road have sold within a radius of 280 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th February 2026, was 3A, Poets Road, London, N5 2SL, a leasehold flat which sold for £884,000.
Read more about house prices in N16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 184 addresses on Springdale Road, London, N16, Basement Flat, 1, Springdale Road comes out as the 49th largest and the 39th most expensive in our analysis of the public data.
It is also £318k more expensive than the average property across the N16 district.
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Schools Nearby
- 300mGrasmere Primary School
- 400mBetty Layward Primary School
- 500mNewington Green Primary School
- 400mStoke Newington School and Sixth Form
- 900mCity of London Academy Highbury Grove
- 1.0kmHighbury Fields School
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Public Transport Nearby
From Basement Flat, 1, Springdale Road, the nearest station is Canonbury, 700 metres away.
- 700mCanonbury
- 1.1kmDalston Kingsland
- 1.2kmDrayton Park
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
