According to the public record, Springfield, South Molton is a period freehold house with 1,689 ft2 of internal area and sits on a 457 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
North Road, South Molton, EX36 is located in the borough of North Devon within the EX36 postal district.
Springfield, South Molton has 31 entries in the Land Registry database, most recently in June 2019 and a single entry in the EPC database dated 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 Springfield South Molton as £355,225 and the rental value as £1,074 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of Springfield South Molton has decreased by £20,971 (5.9%) and its rental value has increased by £12 per month (1.1%).
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 Springfield, South Molton is in very good condition we estimate a sale value of £372,986 and rental value of £1,128 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £330,359 and a rental value of £999 per month.
If you were able to purchase this property for the estimated value of £355,225, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,746 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, Springfield, South Molton sits on a plot of 457m2.
We have plot size data on 15 out of 33 other houses in the postcode and Springfield, South Molton sits on the 4th largest plot.
According to HM Land Registry, Springfield, South Molton was last sold on 03 Jun 2019 for £292,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jun 2019, the market for similar properties has risen 14.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Springfield, South Molton within a radius of 740 metres over the last 2 years.
The most recent example is 14, Duke Street, South Molton, EX36 3AL, a Freehold house which sold for £447,500 in Sep 2022.
Read more about house prices in EX36.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
North Road, South Molton, EX36 has a total of 51 addresses. According to our analysis of all the public data, Springfield, South Molton is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £79k more expensive than the average property in EX36.
Springfield, South Molton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 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 Springfield, South Molton is Umberleigh station which is 10.5 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 Springfield, South Molton, 41.0% of property is privately rented and 27.1% 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 Springfield, South Molton, 13.6% of residents are recorded as possessing school level qualifications and 24.2% 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 Springfield, South Molton, the average age was 45.2 and the most common age was 62.
The graph below shows how this compares to South West 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 Springfield, South Molton, 0.0% of property was a second home.
Comparison figures for South West 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 Springfield, South Molton, there are an average of 1.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.