According to the public record, 16, Fleming Way, London is a modern leasehold apartment with 323 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Fleming Way, London, SE28 is located in the borough of Bexley within the SE28 postal district.
16, Fleming Way, London has a single entry in the Land Registry database from September 2015 and a single entry in the EPC database dated February 2012.
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 16 Fleming Way London as £137,909 and the rental value as £978 per month giving an expected gross yield of 8.5%.
Over the last 12 months the sale value of 16 Fleming Way London has increased by £1,634 (1.2%) and its rental value has increased by £55 per month (5.7%).
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 16, Fleming Way, London is in very good condition we estimate a sale value of £144,804 and rental value of £1,026 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £128,255 and a rental value of £909 per month.
If you were able to purchase this property for the estimated value of £137,909, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £678 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, 16, Fleming Way, London was last sold on 29 Sep 2015 for £106,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2015, the market for similar properties has risen 23.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Fleming Way, London within a radius of 510 metres over the last 2 years.
The most recent example is 27, Chadwick Way, London, SE28 8NP, a Leasehold flat which sold for £84,995 in Apr 2014.
Read more about house prices in SE28.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fleming Way, London, SE28 has a total of 56 addresses. According to our analysis of all the public data, 16, Fleming Way, London is the 39th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £169k less expensive than the average property in SE28.
16, Fleming Way, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Feb 2012.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to 16, Fleming Way, London is Barking Riverside station which is 1.3 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 16, Fleming Way, London, 34.5% of property is privately owned with a mortgage and 30.2% is privately 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 16, Fleming Way, London, 32.5% of residents are recorded as possessing school level qualifications and 32.7% 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 16, Fleming Way, London, the average age was 34.2 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 16, Fleming Way, London, 0.3% 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 16, Fleming Way, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.