According to the public record, 18, Redwood Close, London is a modern house with 979 ft2 of internal area and sits on a 161 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Redwood Close, London, SE16 is located in the borough of Southwark within the SE16 postal district.
18, Redwood Close, London has no recent1 records in the Land Registry database and a single entry in the EPC database dated August 2016.
We combine this information with public data 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 18 Redwood Close London as £637,575 and the rental value as £3,400 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 18 Redwood Close London has increased by £11,950 (1.9%) and its rental value has increased by £177 per month (5.2%).
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 18, Redwood Close, London is in very good condition we estimate a sale value of £669,453 and rental value of £3,570 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £592,944 and a rental value of £3,162 per month.
If you were able to purchase this property for the estimated value of £637,575, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,133 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, 18, Redwood Close, London sits on a plot of 161m2.
We have plot size data on 10 out of 26 other houses in the postcode and 18, Redwood Close, London sits on the 3rd largest plot.
According to HM Land Registry, 18, Redwood Close, London was last sold on 26 May 2004 for £260,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Redwood Close, London within a radius of 430 metres over the last 2 years.
The most recent example is 19, Steers Way, London, SE16 6HP, a Freehold house which sold for £710,000 in May 2022.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 430 metres radius of 18, Redwood Close, London over the last 2 years.
Most recently 94, Acorn Walk, London, SE16 5DX, a Leasehold flat let by Saint Andrews Bureau in Sep 2021.
Redwood Close, London, SE16 has a total of 26 addresses. According to our analysis of all the public data, 18, Redwood Close, London is the 25th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £164k more expensive than the average property in SE16.
18, Redwood Close, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Aug 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to 18, Redwood Close, London is Westferry 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 18, Redwood Close, London, 61.2% of property is socially rented and 20.2% 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 18, Redwood Close, London, 15.5% of residents are recorded as possessing school level qualifications and 43.0% 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 18, Redwood Close, London, the average age was 34.7 and the most common age was 27.
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 18, Redwood Close, 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 18, Redwood Close, London, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.