Springfield, Rye
Springfield, Rye
Description & Estimates
Springfield, Rye is recorded publicly as a modern freehold house across 2,325 ft2 of internal area, sitting on a 2,590 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of Springfield, Rye is £1,041,457 and its rental estimate is £2,277 per month, given the available information and assuming reasonable condition.
Goatham Lane, Broad Oak, Rye, TN31 falls within the TN31 postal district, in the borough of Rother.
Our Data Sources
Springfield, Rye has 3 entries in the Land Registry , most recently in February 2021 and a single entry in the EPC database dated September 2013.
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
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 Springfield, Rye, we estimate a market value of £1,093,529 and a rental value of £2,390 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £968,555 and £2,117 per month respectively.
Recent Market Change
Over the last year, Springfield, Rye has seen its estimated sale value drop by £19,321 (1.9%) and its estimated rental value rise by £27 per month (1.2%). This results in an estimated gross rental yield of 2.6%.
Plot Size
HM Land Registry records the plot of land for Springfield, Rye as measuring 2,590 m2.
That makes it the 5th largest plot in the postcode, where 11 of the 15 other houses have recorded plot data.
Energy Efficiency
Springfield, Rye has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Sep 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, radiators, electric.
Sold Prices
The most recent sale of Springfield, Rye completed on 19th February 2021 at £930,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 22.6% over the period since February 2021.
- Sold Feb 2021£930,000
- Sold Nov 2016£846,000
- Sold Sep 2008£377,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Springfield, Rye have sold within a radius of 3.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th June 2023, was High Combe, Chitcombe Road, Rye, TN31 6EX, a freehold house which sold for £975,000.
Read more about house prices in TN31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 17 addresses on Goatham Lane, Broad Oak, Rye, TN31, Springfield, Rye comes out as the 4th largest and the most expensive in our analysis of the public data.
It is also £596k more expensive than the average property across the TN31 district.
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Schools Nearby
- 1.5kmBrede Primary School
- 3.6kmSedlescombe Church of England Primary School
- 4.1kmStaplecross Methodist Primary School
- 8.2kmMulberry Academy Hastings
- 8.4kmArk Alexandra Academy
- 8.8kmClaverham Community College
More reading links
Public Transport Nearby
From Springfield, Rye, the nearest station is Doleham, 4.2 kilometres away.
- 4.2kmDoleham
- 6.1kmThree Oaks
- 7.3kmBattle
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
