According to the public record, 18 West Cadets Apartments, London is a period leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in West Cadets Apartments, Langhorne Street, London, SE18.
Langhorne Street, London, SE18 is located in the borough of Greenwich within the SE18 postal district.
18 West Cadets Apartments, London has 3 entries in the Land Registry database, most recently in March 2023 and a single entry in the EPC database dated October 2010.
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 18 West Cadets Apartments London as £309,829 and the rental value as £1,817 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 18 West Cadets Apartments London has increased by £6,077 (2.0%) and its rental value has increased by £113 per month (6.2%).
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 West Cadets Apartments, London is in very good condition we estimate a sale value of £325,321 and rental value of £1,908 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £288,141 and a rental value of £1,690 per month.
If you were able to purchase this property for the estimated value of £309,829, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,523 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, 18 West Cadets Apartments, London was last sold on 10 Mar 2023 for £265,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Mar 2023, the market for similar properties has risen 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18 West Cadets Apartments, London within a radius of 610 metres over the last 2 years.
The most recent example is Apartment 5, 6, Ashmore Road, London, SE18 4BY, a Leasehold flat which sold for £275,000 in Aug 2023.
Read more about house prices in SE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Langhorne Street, London, SE18 has a total of 35 addresses. According to our analysis of all the public data, 18 West Cadets Apartments, London is the 23rd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £56k less expensive than the average property in SE18.
18 West Cadets Apartments, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Oct 2010.
The property is not connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 18 West Cadets Apartments, London is Woolwich Dockyard station which is 1.9 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 West Cadets Apartments, London, 30.9% of property is socially rented and 30.9% 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 West Cadets Apartments, London, 25.5% of residents are recorded as possessing school level qualifications and 42.1% 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 West Cadets Apartments, London, the average age was 33.7 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 18 West Cadets Apartments, London, 0.5% 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 West Cadets Apartments, 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.