
Explore which home improvements can not only enhance your living space but also increase your property's value
1 Spring Vale is a flat with a valuation of £197,000.
Since the property was last sold in May 2008 for £198,950, its value has fallen by £1,950.
Sold property prices and home valuation trends over time
Flat features and location
1 Spring Vale is a leasehold flat. If the property has typical features for the street, its size would be expected to be between 640 and 690 sq ft, based on the £286 to £307 average cost per sq ft for flats on Spring Vale.
Timeline of sold property prices
Since 1 Spring Vale's first recorded sale in 2008, the flat's price has not significantly increased or decreased.
During the same period, the price of an average home on Spring Vale increased by £40,000 or 1% per year, and the average UK home increased by 4% per year.
Flat leasehold
Flat leasehold new-build
Comparison of local and national property prices
House Prices in Spring Vale start at £115,000 for the cheapest property on the street, rising to £503,000 for the most expensive.
1 Spring Vale is worth 27% less than the £269,000 average property on Spring Vale and 34% less than the £300,000 average home in England.
Property valuation details and commonly asked questions
Every month, our Automated Valuation Model (AVM) determines property values.
Our AVM collects data from reputable sources, like HM Land Registry, and uses the data to estimate what each property is worth.
In our tests, we have found that the sale price of a property falls within our AVM's confidence range in most cases. However, there are scenarios where the valuations are not accurate. For example, if significant alterations have been made to a property recently or if a property is unique with few comparables.
For more details on the workings of our AVM, including its strengths, limitations, and how it measures up to traditional valuation methods, please refer to our guide 'How We Value Property'.
We try to make the valuations as accurate as possible, but they are estimates. When buying or selling property, you should speak to a qualified professional.
Sold property prices, and data on property types/tenures, are sourced from the HM Land Registry.
There is a time delay in property sales appearing in HM Land Registry, which can be up to three months.
We generate all our property valuations programmatically. They cannot be manually edited based on new information, such as evidence of redevelopment.
If sold property prices or property types are incorrect, you should verify them with HM Land Registry. You can notify HM Land Registry of any errors.
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