According to the public record, 10, Lancey Close, London is a mid-century leasehold house with 839 ft2 of internal area and sits on a 527 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Lancey Close, London, SE7 is located in the borough of Greenwich within the SE7 postal district.
10, Lancey Close, London has a single entry in the Land Registry database from April 2018 and a single entry in the EPC database dated March 2014.
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 10 Lancey Close London as £318,899 and the rental value as £1,714 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 10 Lancey Close London has increased by £11,861 (3.7%) and its rental value has increased by £113 per month (6.6%).
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 10, Lancey Close, London is in very good condition we estimate a sale value of £334,844 and rental value of £1,800 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £296,576 and a rental value of £1,594 per month.
If you were able to purchase this property for the estimated value of £318,899, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,567 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, 10, Lancey Close, London sits on a plot of 527m2.
We have plot size data on 11 out of 21 other houses in the postcode and 10, Lancey Close, London sits on the 2nd largest plot.
According to HM Land Registry, 10, Lancey Close, London was last sold on 16 Apr 2018 for £307,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Apr 2018, the market for similar properties has risen 11.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, Lancey Close, London within a radius of 580 metres over the last 2 years.
The most recent example is 9, Kidd Place, London, SE7 8HG, a Freehold house which sold for £355,000 in Aug 2023.
Read more about house prices in SE7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lancey Close, London, SE7 has a total of 25 addresses. According to our analysis of all the public data, 10, Lancey Close, London is the 21st largest and the 18th most expensive property on the street.
When compared to the postcode district it is £132k less expensive than the average property in SE7.
10, Lancey Close, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Mar 2014.
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 10, Lancey Close, London is Woolwich Dockyard station which is 700 metres 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 10, Lancey Close, London, 45.1% of property is privately rented and 42.9% is socially 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 10, Lancey Close, London, 25.5% of residents are recorded as possessing school level qualifications and 43.6% 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 10, Lancey Close, London, the average age was 34 and the most common age was 12.
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 10, Lancey Close, 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 10, Lancey Close, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.