As updated by London Property Management in Sep 2021, 12, Ottley Drive, London is a modern leasehold apartment with a share of the freehold and with 938 ft2 of internal area comprising 2 bedrooms with a garden.
Ottley Drive, London, SE3 is located in the borough of Greenwich within the SE3 postal district.
Based on both the data supplied by London Property Management and the public information available in the area, we estimate the current sale value for 12 Ottley Drive London as £460,569 and the rental value as £2,088 per month giving an expected gross yield of 5.4%.
London Property Management described the decorative condition as fair in Sep 2021.
Over the last 12 months the sale value of 12 Ottley Drive London has increased by £13,892 (3.0%) and its rental value has increased by £172 per month (8.3%).
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 12, Ottley Drive, London is in very good condition we estimate a sale value of £483,597 and rental value of £2,193 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £428,329 and a rental value of £1,942 per month.
If you were able to purchase this property for the estimated value of £460,569, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,264 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, 12, Ottley Drive, London was last sold on 05 Dec 2014 for £430,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2014, the market for similar properties has risen 23.0%
According to London Property Management , 12, Ottley Drive, London was let once since 2021 with the latest being in Sep 2021 for an undisclosed price.
Since Sep 2021, the market values of similar properties has risen 33.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Ottley Drive, London within a radius of 470 metres over the last 2 years.
The most recent example is 36, Grayston House 21, Astell Road, London, SE3 9FN, a Leasehold flat which sold for £585,000 in Dec 2023.
Read more about house prices in SE3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ottley Drive, London, SE3 has a total of 255 addresses. According to our analysis of all the public data, 12, Ottley Drive, London is the 42nd largest and the 39th most expensive property on the street.
When compared to the postcode district it is £183k less expensive than the average property in SE3.
12, Ottley Drive, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Jul 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to 12, Ottley Drive, London is Kidbrooke station which is 500 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 12, Ottley Drive, London, 39.8% of property is privately rented and 25.3% 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 12, Ottley Drive, London, 20.9% of residents are recorded as possessing school level qualifications and 40.0% 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 12, Ottley Drive, London, the average age was 37.2 and the most common age was 32.
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 12, Ottley Drive, 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 12, Ottley Drive, London, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.