According to the public record, 15, Springfield Drive, Cinderford is a mid-century freehold house with 850 ft2 of internal area and sits on a 596 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Springfield Drive, Cinderford, GL14 is located in the borough of Forest of Dean within the GL14 postal district.
15, Springfield Drive, Cinderford has a single entry in the Land Registry database from November 2019 and a single entry in the EPC database dated December 2015.
We combine this information with that 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 15 Springfield Drive Cinderford as £301,197 and the rental value as £973 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 15 Springfield Drive Cinderford has increased by £10,419 (3.5%) and its rental value has increased by £87 per month (9.0%).
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 15, Springfield Drive, Cinderford is in very good condition we estimate a sale value of £316,257 and rental value of £1,022 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £280,113 and a rental value of £905 per month.
If you were able to purchase this property for the estimated value of £301,197, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,480 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 data from HM Land Registry, 15, Springfield Drive, Cinderford sits on a plot of 596m2.
We have plot size data on 27 out of 44 other houses in the postcode and 15, Springfield Drive, Cinderford sits on the 8th largest plot.
According to HM Land Registry, 15, Springfield Drive, Cinderford was last sold on 01 Nov 2019 for £232,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2019, the market for similar properties has risen 29.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Springfield Drive, Cinderford within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 12, Springfield Drive, Cinderford, GL14 2TE, a Freehold house which sold for £270,000 in Dec 2022.
Read more about house prices in GL14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfield Drive, Cinderford, GL14 has a total of 44 addresses. According to our analysis of all the public data, 15, Springfield Drive, Cinderford is the 27th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £34k more expensive than the average property in GL14.
15, Springfield Drive, Cinderford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Dec 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 15, Springfield Drive, Cinderford is Lydney station which is 13.0 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 15, Springfield Drive, Cinderford, 40.3% of property is privately rented and 38.7% is privately owned outright.
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 15, Springfield Drive, Cinderford, 13.1% of residents are recorded as possessing school level qualifications and 20.5% 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 15, Springfield Drive, Cinderford, the average age was 43 and the most common age was 57.
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 15, Springfield Drive, Cinderford, 1.4% 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 15, Springfield Drive, Cinderford, there are an average of 1.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.