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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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According to the public record, Springfield, Bude is a Leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 849 ft2 of internal area and a garden.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Springfield, Bude is £331,809 and the estimated rental value is £1,221 per month.
Crosstown, Morwenstow, Bude, EX23 is located within the EX23 postal district.
Springfield, Bude has a single entry in the Land Registry from September 2008 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.
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 Springfield, Bude is in very good condition we estimate a sale value of £348,399 and a rental value of £1,282 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £308,582 and a rental value of £1,135 per month.
Over the last 12 months the sale value of Springfield Bude has increased by an estimated £8,911 (2.7%) and its rental value has increased by an estimated £83 per month (6.8%), giving an expected gross yield of 4.4%.
According to HM Land Registry, Springfield, Bude was last sold on 26th September 2008 for £212,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2008, the market for similar properties has dropped 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 7.8 kilometres radius of Springfield, Bude over the last 2 years.
The most recent example is Springfield Cottage, Crosstown, Bude, EX23 9SR, a freehold house which sold for £310,000 on the 10th October 2022.
Read more about house prices in EX23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Crosstown, Morwenstow, Bude, EX23 has a total of 13 addresses. According to our analysis of all the public data, Springfield, Bude is the 8th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £52k less expensive than the average property in EX23.
The closest station to Springfield, Bude is Chapelton (Devon) station which is 38.7 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Springfield, Bude, 50.5% of property is privately owned outright and 34.9% is privately owned with a mortgage.
The graph below shows how this compares to South 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 Springfield, Bude, 21.0% of residents are recorded as possessing school level qualifications and 35.8% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Springfield, Bude, the average age was 46.5 and the most common age was 62.
The graph below shows how this compares to South 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 Springfield, Bude, 0.0% of property was a second home.
Comparison figures for South 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 Springfield, Bude, there are an average of 1.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.
