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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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Flat 2, 38, Springfield Road, Sale is recorded publicly as a mid-century leasehold apartment across 430 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, 38, Springfield Road, Sale is £167,097 and its rental estimate is £845 per month, given the available information and assuming reasonable condition.
38, Springfield Road is a residential building on Springfield Road, Sale, M33 and falls within the M33 postal district and the borough of Trafford.
Flat 2, 38, Springfield Road, Sale has a single entry in the Land Registry from June 2019 and a single entry in the EPC database dated October 2018.
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.
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 Flat 2, 38, Springfield Road, Sale, we estimate a market value of £175,451 and a rental value of £887 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £155,400 and £786 per month respectively.
Over the last year, Flat 2, 38, Springfield Road, Sale has seen its estimated sale value drop by £787 (0.5%) and its estimated rental value rise by £20 per month (2.4%). This results in an estimated gross rental yield of 6.1%.
Flat 2, 38, Springfield Road, Sale has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Oct 2018.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of Flat 2, 38, Springfield Road, Sale completed on 7th June 2019 at £130,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 34.4% over the period since June 2019.
Over the past 2 years 3 properties similar to Flat 2, 38, Springfield Road, Sale have sold within a radius of 470 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th April 2023, was Flat 20, Wardle Court 14, Wardle Road, Sale, M33 3LY, a leasehold flat which sold for £126,500.
Read more about house prices in M33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 66 addresses on Springfield Road, Sale, M33, Flat 2, 38, Springfield Road, Sale comes out as the 57th largest and the 58th most expensive in our analysis of the public data.
It is also £246k less expensive than the average property across the M33 district.
From Flat 2, 38, Springfield Road, Sale, the nearest station is Navigation Road, 3.3 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 38, Springfield Road, Sale, 50.8% of property is privately rented and 30.3% is privately owned outright.
The graph below shows how this compares to North West 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 Flat 2, 38, Springfield Road, Sale, 18.3% of residents are recorded as possessing school level qualifications and 50.0% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 2, 38, Springfield Road, Sale, the average age was 40.2 and the most common age was 42.
The graph below shows how this compares to North West 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 Flat 2, 38, Springfield Road, Sale, 0.9% of property was a second home.
Comparison figures for North West 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 Flat 2, 38, Springfield Road, Sale, there are an average of 0.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.
