According to the public record, 22, Spring Gardens, Newbury is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,551 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Spring Gardens, Newbury, RG20 is located within the RG20 postal district.
22, Spring Gardens, Newbury has 21 entries in the Land Registry database, most recently in January 2011 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 22 Spring Gardens Newbury as £707,372 and the rental value as £2,107 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of 22 Spring Gardens Newbury has decreased by £10,185 (1.4%) and its rental value has increased by £14 per month (0.6%).
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 22, Spring Gardens, Newbury is in very good condition we estimate a sale value of £742,740 and rental value of £2,212 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £657,856 and a rental value of £1,959 per month.
If you were able to purchase this property for the estimated value of £707,372, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,477 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 HM Land Registry, 22, Spring Gardens, Newbury was last sold on 25 Jan 2011 for £450,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2011, the market for similar properties has risen 56.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Spring Gardens, Newbury within a radius of 1.9 kilometres over the last 2 years.
The most recent example is 5, Spring Gardens, Newbury, RG20 0PR, a Freehold house which sold for £570,000 in Apr 2023.
Read more about house prices in RG20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spring Gardens, Newbury, RG20 has a total of 31 addresses. According to our analysis of all the public data, 22, Spring Gardens, Newbury is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £102k more expensive than the average property in RG20.
The closest station to 22, Spring Gardens, Newbury is Newbury station which is 3.9 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 22, Spring Gardens, Newbury, 43.6% of property is privately owned with a mortgage and 41.4% 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 22, Spring Gardens, Newbury, 22.3% of residents are recorded as possessing school level qualifications and 49.0% 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 22, Spring Gardens, Newbury, the average age was 45.7 and the most common age was 52.
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 22, Spring Gardens, Newbury, 1.1% 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 22, Spring Gardens, Newbury, there are an average of 2.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.