7, SPRINGFIELD ROAD, LONDON, E15 3TR - £310,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 SPRINGFIELD ROAD is a very small terraced house of 58m², built sometime between 1930 and 1949, which could now be worth an estimated £473,190. It was last sold for £310,000 in March 2015, which was about the average March 2015 terraced price in the Newham local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

7 SPRINGFIELD ROAD Sold Prices

Land registry data shows one sale for 7 SPRINGFIELD ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Newham local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 20 MAR	£310,000	£310,545	Close to HPI

What might 7 SPRINGFIELD ROAD be worth now?

7 SPRINGFIELD ROAD might now be worth an estimated £473,190.

This is based on house price inflation of 52.6%, between March 2015 and May 2026, for terraced houses, in the Newham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 52.6% inflationary increase is applied to the most recent sale price for 7 SPRINGFIELD ROAD of £310,000 on 20th March 2015. For the value to have increased from £310,000 to £473,190 over the ten years and ten months to May 2026, the following assumptions must hold true:

• The value of 7 SPRINGFIELD ROAD has moved in line with the HPI for terraced houses in the Newham local authority area.
• The March 2015 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SPRINGFIELD ROAD has not materially changed since March 2015.

How Large is 7 SPRINGFIELD ROAD?

7 SPRINGFIELD ROAD is 58m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% of terraced houses in London, based on EPC data. The below chart shows the distribution of terraced houses by size in London, and where 7 SPRINGFIELD ROAD lies on this distribution: 5% of terraced houses are smaller than 7 SPRINGFIELD ROAD, and 94% of terraced houses are larger. Note that EPC data is not available for all properties in London.

7 SPRINGFIELD ROAD: Plot

7 SPRINGFIELD ROAD sits on a plot of roughly 0.035 of an acre, or 140m².

Where is 7 SPRINGFIELD ROAD?

7 SPRINGFIELD ROAD is located in LONDON, in the E15 postcode district.