According to the public record, Flat 22, 11, Springfield, London is a mid-century leasehold apartment and with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in 11, Springfield, London, E5.
Springfield, London, E5 is located in the borough of Hackney within the E5 postal district.
Flat 22, 11, Springfield, London has a single entry in the Land Registry database from May 2011 and 3 entries in the EPC database, most recently in November 2013.
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 Flat 22 11 Springfield London as £361,019 and the rental value as £1,914 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 22 11 Springfield London has increased by £11,267 (3.1%) and its rental value has increased by £102 per month (5.3%).
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 Flat 22, 11, Springfield, London is in very good condition we estimate a sale value of £379,070 and rental value of £2,010 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £335,747 and a rental value of £1,780 per month.
If you were able to purchase this property for the estimated value of £361,019, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,774 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, Flat 22, 11, Springfield, London was last sold on 03 May 2011 for £138,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2011, the market for similar properties has risen 93.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 22, 11, Springfield, London within a radius of 207m over the last 2 years.
The most recent example is Flat 168, Wigan House, Warwick Grove, London, E5 9JD, a Leasehold flat which sold for £346,000 in Sep 2023.
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, Flat 22, 11, Springfield, London is the 153rd largest and the 165th most expensive property on the street.
When compared to the postcode district it is £228k less expensive than the average property in E5.
Flat 22, 11, Springfield, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Nov 2013.
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 Flat 22, 11, 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 Flat 22, 11, Springfield, London, 72.1% of property is socially rented and 20.2% 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 Flat 22, 11, Springfield, London, 31.0% of residents are recorded as possessing school level qualifications and 32.9% 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 Flat 22, 11, 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 Flat 22, 11, Springfield, London, 0.0% 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 Flat 22, 11, Springfield, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.