According to the public record, 12, Pennington Way, London is a modern freehold house with 630 ft2 of internal area and sits on a 139 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Pennington Way, London, SE12 is located in the borough of Lewisham within the SE12 postal district.
12, Pennington Way, London has 31 entries in the Land Registry database, most recently in September 2017 and a single entry in the EPC database dated February 2009.
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 12 Pennington Way London as £392,782 and the rental value as £1,922 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 12 Pennington Way London has increased by £10,781 (2.7%) and its rental value has increased by £125 per month (6.5%).
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, Pennington Way, London is in very good condition we estimate a sale value of £412,421 and rental value of £2,019 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £365,287 and a rental value of £1,788 per month.
If you were able to purchase this property for the estimated value of £392,782, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,930 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, 12, Pennington Way, London sits on a plot of 139m2.
We have plot size data on 15 out of 21 other houses in the postcode and 12, Pennington Way, London sits on the 8th largest plot.
According to HM Land Registry, 12, Pennington Way, London was last sold on 29 Sep 2017 for £355,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Sep 2017, the market for similar properties has risen 17.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Pennington Way, London within a radius of 560 metres over the last 2 years.
The most recent example is 28, Pennington Way, London, SE12 9QB, a Freehold house which sold for £385,000 in Jul 2023.
Read more about house prices in SE12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pennington Way, London, SE12 has a total of 65 addresses. According to our analysis of all the public data, 12, Pennington Way, London is the 39th largest and the 41st most expensive property on the street.
When compared to the postcode district it is £77k less expensive than the average property in SE12.
12, Pennington Way, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Feb 2009.
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 12, Pennington Way, London is Grove Park 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 12, Pennington Way, London, 31.7% of property is privately owned with a mortgage and 26.0% 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 12, Pennington Way, London, 18.3% of residents are recorded as possessing school level qualifications and 42.7% 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, Pennington Way, London, the average age was 37.7 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, Pennington Way, London, 0.7% 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, Pennington Way, London, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.