According to the public record, 55, Springfield, London is a mid-century freehold house and with 861 ft2 of internal area and sits on a 72.5 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Springfield, London, E5 is located in the borough of Hackney within the E5 postal district.
55, Springfield, London has a single entry in the Land Registry database from July 2016 and a single entry in the EPC database dated May 2016.
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 55 Springfield London as £637,624 and the rental value as £3,170 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 55 Springfield London has increased by £23,784 (3.7%) and its rental value has increased by £188 per month (5.9%).
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 55, Springfield, London is in very good condition we estimate a sale value of £669,505 and rental value of £3,329 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £592,990 and a rental value of £2,948 per month.
If you were able to purchase this property for the estimated value of £637,624, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,134 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, 55, Springfield, London sits on a plot of 72m2.
We have plot size data on 16 out of 22 other houses in the postcode and 55, Springfield, London sits on the 18th largest plot.
According to HM Land Registry, 55, Springfield, London was last sold on 26 Jul 2016 for £515,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2016, the market for similar properties has risen 12.9%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 55, Springfield, London within a radius of 131m over the last 2 years.
The most recent example is 45, Springfield, London, E5 9EF, a Freehold house which sold for £575,000 in Jun 2018.
Read more about house prices in E5.
Springfield, London, E5 has a total of 310 addresses. According to our analysis of all the public data, 55, Springfield, London is the 85th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £49k more expensive than the average property in E5.
55, Springfield, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 May 2016.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 55, Springfield, London is Clapton station which is 700 m 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 55, Springfield, London, 54.4% of property is socially rented and 28.0% is privately rented.
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 55, Springfield, London, 25.2% of residents are recorded as possessing school level qualifications and 41.7% 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 55, Springfield, London, the average age was 30.4 and the most common age was 2.
The graph below shows how this compares to Greater London 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 55, Springfield, London, 0.3% of property was a second home.
Comparison figures for Greater London 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 55, Springfield, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.