According to the public record, 161, Benares Road, London is a period freehold house with 1,022 ft2 of internal area and sits on a 184 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Benares Road, London, SE18 is located in the borough of Greenwich within the SE18 postal district.
161, Benares Road, London has a single entry in the Land Registry database from July 2023 and a single entry in the EPC database dated November 2017.
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 161 Benares Road London as £446,433 and the rental value as £2,049 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 161 Benares Road London has increased by £11,706 (2.6%) and its rental value has increased by £145 per month (7.1%).
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 161, Benares Road, London is in very good condition we estimate a sale value of £468,754 and rental value of £2,151 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £415,182 and a rental value of £1,906 per month.
If you were able to purchase this property for the estimated value of £446,433, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,194 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, 161, Benares Road, London sits on a plot of 184m2.
We have plot size data on 19 out of 32 other houses in the postcode and 161, Benares Road, London sits on the 6th largest plot.
According to HM Land Registry, 161, Benares Road, London was last sold on 17 Jul 2023 for £450,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2023, the market for similar properties has risen 2.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 161, Benares Road, London within a radius of 420 metres over the last 2 years.
The most recent example is 78, Ceres Road, London, SE18 1HL, a Freehold house which sold for £370,000 in Feb 2024.
Read more about house prices in SE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Benares Road, London, SE18 has a total of 166 addresses. According to our analysis of all the public data, 161, Benares Road, London is the 76th largest and the 95th most expensive property on the street.
When compared to the postcode district it is £80k more expensive than the average property in SE18.
161, Benares Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Nov 2017.
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 161, Benares Road, London is Plumstead station which is 1.1 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 161, Benares Road, London, 42.7% of property is privately rented and 22.2% 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 161, Benares Road, London, 21.0% of residents are recorded as possessing school level qualifications and 36.7% 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 161, Benares Road, London, the average age was 35.8 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 161, Benares Road, London, 1.4% 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 161, Benares Road, 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.