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The public record describes Silver Springs, Ringwood as a mid-century house with 2,260 ft2 of internal area, sitting on a 4,429 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
Silver Springs, Ringwood has an estimated sale value of £671,525 and an estimated rental value of £2,463 per month, assuming reasonable condition and based on the information available.
Forest Corner, Ringwood, BH24 lies in the borough of New Forest, within the BH24 postal district.
Silver Springs, Ringwood has no records in the the Land Registry and a single entry in the EPC database dated September 2014.
We combine this information with public data 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.
In very good condition, we estimate Silver Springs, Ringwood would be worth £705,102, with a potential rental value of £2,586 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £624,519, with a rental value of £2,291 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Silver Springs, Ringwood has dropped by £27,568 (4.1%) over the last year. During the same period, its estimated monthly rental value has risen by £46 (1.9%). The property's estimated gross yield is currently 4.4%.
Silver Springs, Ringwood occupies a 4,429 m2 plot as recorded by HM Land Registry.
Of the 5 other houses in this postcode, 1 have recorded plot sizes, and this one ranks as the largest.
Silver Springs, Ringwood has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Sep 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.8 kilometres of Silver Springs, Ringwood across the last 2 years.
Most recently, 104, Eastfield Lane, Ringwood, BH24 1UR, a freehold house, sold at £590,000 on the 28th May 2024.
Read more about house prices in BH24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Silver Springs, Ringwood as the largest and the 6th most expensive of the 7 addresses on Forest Corner, Ringwood, BH24.
Against the BH24 postcode district average, it is £181k more expensive than the typical property.
Hinton Admiral station is the nearest stop to Silver Springs, Ringwood at 11.1 kilometres away.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Silver Springs, Ringwood, 60.6% of property is privately owned outright and 32.6% is privately owned with a mortgage.
The graph below shows how this compares to South East 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 Silver Springs, Ringwood, 16.1% of residents are recorded as possessing school level qualifications and 51.0% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Silver Springs, Ringwood, the average age was 46.2 and the most common age was 57.
The graph below shows how this compares to South East 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 Silver Springs, Ringwood, 3.3% of property was a second home.
Comparison figures for South East 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 Silver Springs, Ringwood, there are an average of 2.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.