According to the public record, Saffrons, Newbury is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,007 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Falkland Drive, Newbury, RG14 is located within the RG14 postal district.
Saffrons, Newbury has 2 entries in the Land Registry database, most recently in December 2023 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 Saffrons Newbury as £463,197 and the rental value as £1,547 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of Saffrons Newbury has decreased by £1,476 (0.3%) and its rental value has increased by £23 per month (1.5%).
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 Saffrons, Newbury is in very good condition we estimate a sale value of £486,357 and rental value of £1,624 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £430,774 and a rental value of £1,438 per month.
If you were able to purchase this property for the estimated value of £463,197, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,276 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, Saffrons, Newbury was last sold on 19 Dec 2023 for £430,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2023, the market for similar properties has risen 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Saffrons, Newbury within a radius of 620 metres over the last 2 years.
The most recent example is 12, Paddock Road, Newbury, RG14 7DG, a Freehold house which sold for £425,000 in Mar 2024.
Read more about house prices in RG14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Falkland Drive, Newbury, RG14 has a total of 26 addresses. According to our analysis of all the public data, Saffrons, Newbury is the 13th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £75k more expensive than the average property in RG14.
The closest station to Saffrons, Newbury is Newbury 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 Saffrons, Newbury, 50.0% of property is privately owned outright and 37.5% 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 Saffrons, Newbury, 19.8% of residents are recorded as possessing school level qualifications and 48.7% 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 Saffrons, Newbury, the average age was 42.5 and the most common age was 47.
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 Saffrons, Newbury, 1.0% 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 Saffrons, Newbury, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.