Springbank, Market Drayton
Springbank, Market Drayton
Description & Estimates
According to the public record, Springbank, Market Drayton is a mid-century freehold house with 1,463 ft2 of internal area and sits on a 3,329 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Springbank, Market Drayton is £543,133 and the estimated rental value is £1,689 per month.
Willoughbridge, Market Drayton, TF9 is located in the borough of Newcastle-under-Lyme within the TF9 postal district.
Our Data Sources
Springbank, Market Drayton has a single entry in the Land Registry from April 2016 and a single entry in the EPC database dated September 2015.
We combine this information with that 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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Springbank, Market Drayton is in very good condition we estimate a sale value of £570,290 and a rental value of £1,773 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £505,114 and a rental value of £1,570 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Springbank, Market Drayton has fallen by £200 (0.0%), while its estimated rental value has moved up by £33 per month (2.0%). Based on current estimates, the property offers a gross rental yield of 3.7%.
Plot Size
According to data from HM Land Registry, Springbank, Market Drayton sits on a plot of 3,329 m2.
We have plot size data on 5 out of 5 other houses in the postcode and Springbank, Market Drayton sits on the 5th largest plot.
Energy Efficiency
Springbank, Market Drayton has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 16 Sep 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
According to HM Land Registry, Springbank, Market Drayton was last sold on 26th April 2016 for £385,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2016, the market for similar properties has risen by 34.9%.
- Sold Apr 2016£385,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Springbank, Market Drayton within a radius of 3.9 kilometres over the last 2 years.
The most recent example is Sunnyside, Nantwich Road, Newcastle, ST5 5EH, a freehold house which sold for £370,000 on the 6th November 2023.
Read more about house prices in TF9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Willoughbridge, Market Drayton, TF9 has a total of 30 addresses. According to our analysis of all the public data, Springbank, Market Drayton is the 23rd largest and the 17th most expensive property on the street.
When compared to the postcode district it is £231k more expensive than the average property in TF9.
More reading links
Schools Nearby
- 3.2kmWoore Primary and Nursery School
- 3.8kmSt Mary's CofE Primary School
- 4.2kmHugo Meynell CofE (VC) Primary School
- 5.5kmMadeley High School
- 9.1kmThe Grove School
- 9.9kmNewcastle Academy
More reading links
Public Transport Nearby
The closest station to Springbank, Market Drayton is Wedgwood station, which is 13.3 kilometres away.
- 13.3kmWedgwood
- 13.6kmBarlaston
- 13.9kmStoke-on-Trent
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
