According to the public record, 13, Springfield Lane, Newbury is a mid-century apartment with 486 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Springfield Lane, Newbury, RG14 is located within the RG14 postal district.
13, Springfield Lane, Newbury has no records in the Land Registry database and a single entry in the EPC database dated November 2008.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 13 Springfield Lane Newbury as £149,356 and the rental value as £795 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 13 Springfield Lane Newbury has increased by £2,271 (1.5%) and its rental value has increased by £27 per month (3.4%).
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 13, Springfield Lane, Newbury is in very good condition we estimate a sale value of £156,824 and rental value of £835 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £138,901 and a rental value of £739 per month.
If you were able to purchase this property for the estimated value of £149,356, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £734 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 630 metres radius of 13, Springfield Lane, Newbury over the last 2 years.
The most recent example is 16, Springfield Lane, Newbury, RG14 7SU, a Freehold house which sold for £237,500 in Feb 2019.
Read more about house prices in RG14.
Springfield Lane, Newbury, RG14 has a total of 22 addresses. According to our analysis of all the public data, 13, Springfield Lane, Newbury is the 19th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £238k less expensive than the average property in RG14.
13, Springfield Lane, Newbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Nov 2008.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 13, Springfield Lane, Newbury is Newbury station which is 1.2 kilometres away.
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 13, Springfield Lane, Newbury, 69.2% of property is socially rented and 13.3% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 13, Springfield Lane, Newbury, 25.6% of residents are recorded as possessing school level qualifications and 18.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 13, Springfield Lane, Newbury, the average age was 40.6 and the most common age was 47.
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 13, Springfield Lane, Newbury, 0.0% 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 13, Springfield Lane, Newbury, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.