According to the public record, 31, Springfield Road, St. Leonards-On-Sea is a period freehold house with 2,615 ft2 of internal area and sits on a 384 m2 plot.
Houses of this size in this area normally have 6 bedrooms with a garden.
Springfield Road, St. Leonards-On-Sea, TN38 is located in the borough of Hastings within the TN38 postal district.
31, Springfield Road, St. Leonards-On-Sea has a single entry in the Land Registry database from December 2022 and a single entry in the EPC database dated May 2021.
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 31 Springfield Road St. Leonards-On-Sea as £619,837 and the rental value as £2,266 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 31 Springfield Road St. Leonards-On-Sea has increased by £2,834 (0.5%) and its rental value has increased by £90 per month (4.0%).
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 31, Springfield Road, St. Leonards-On-Sea is in very good condition we estimate a sale value of £650,829 and rental value of £2,379 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £576,449 and a rental value of £2,107 per month.
If you were able to purchase this property for the estimated value of £619,837, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,046 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, 31, Springfield Road, St. Leonards-On-Sea sits on a plot of 384m2.
We have plot size data on 10 out of 16 other houses in the postcode and 31, Springfield Road, St. Leonards-On-Sea sits on the 3rd largest plot.
According to HM Land Registry, 31, Springfield Road, St. Leonards-On-Sea was last sold on 16 Dec 2022 for £660,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2022, the market for similar properties has dropped 4.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Springfield Road, St. Leonards-On-Sea within a radius of 500 metres over the last 2 years.
The most recent example is 19, Springfield Road, St. Leonards-On-Sea, TN38 0TU, a Freehold house which sold for £445,000 in Jan 2023.
Read more about house prices in TN38.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfield Road, St. Leonards-On-Sea, TN38 has a total of 106 addresses. According to our analysis of all the public data, 31, Springfield Road, St. Leonards-On-Sea is the 8th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £325k more expensive than the average property in TN38.
31, Springfield Road, St. Leonards-On-Sea has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 May 2021.
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 31, Springfield Road, St. Leonards-On-Sea is St Leonards Warrior Square station which is 1.0 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 31, Springfield Road, St. Leonards-On-Sea, 39.7% of property is privately rented and 35.5% 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 31, Springfield Road, St. Leonards-On-Sea, 17.8% of residents are recorded as possessing school level qualifications and 35.3% 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 31, Springfield Road, St. Leonards-On-Sea, the average age was 41.6 and the most common age was 57.
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 31, Springfield Road, St. Leonards-On-Sea, 1.4% 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 31, Springfield Road, St. Leonards-On-Sea, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.