According to the public record, 12, Pinelands Close, London is a mid-century leasehold apartment with 893 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Pinelands Close, London, SE3 is located in the borough of Greenwich within the SE3 postal district.
12, Pinelands Close, London has a single entry in the Land Registry database from January 2022 and a single entry in the EPC database dated March 2021.
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 Pinelands Close London as £452,560 and the rental value as £2,288 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 12 Pinelands Close London has increased by £5,200 (1.1%) and its rental value has increased by £155 per month (6.8%).
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, Pinelands Close, London is in very good condition we estimate a sale value of £475,188 and rental value of £2,403 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £420,881 and a rental value of £2,128 per month.
If you were able to purchase this property for the estimated value of £452,560, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,224 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, Pinelands Close, London was last sold on 21 Jan 2022 for £412,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2022, the market for similar properties has risen 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Pinelands Close, London within a radius of 510 metres over the last 2 years.
The most recent example is Flat 27, Dunstable Court 12, St. Johns Park, London, SE3 7TN, a Leasehold flat which sold for £480,000 in Jun 2021.
Read more about house prices in SE3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pinelands Close, London, SE3 has a total of 12 addresses. According to our analysis of all the public data, 12, Pinelands Close, London is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £191k less expensive than the average property in SE3.
12, Pinelands Close, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Mar 2021.
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, Pinelands Close, London is Westcombe Park station which is 1.0 kilometres 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, Pinelands Close, London, 38.1% of property is socially rented and 21.9% 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, Pinelands Close, London, 12.8% of residents are recorded as possessing school level qualifications and 59.5% 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, Pinelands Close, London, the average age was 40.4 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, Pinelands Close, London, 2.7% 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, Pinelands Close, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.