According to the public record, 2, Beacon Gate, London is a modern leasehold apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Beacon Gate, London, SE14 is located in the borough of Lewisham within the SE14 postal district.
2, Beacon Gate, London has 31 entries in the Land Registry database, most recently in March 2008 and a single entry in the EPC database dated November 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 2 Beacon Gate London as £323,866 and the rental value as £1,867 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 2 Beacon Gate London has increased by £6,159 (1.9%) and its rental value has increased by £95 per month (5.1%).
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 2, Beacon Gate, London is in very good condition we estimate a sale value of £340,059 and rental value of £1,960 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £301,196 and a rental value of £1,736 per month.
If you were able to purchase this property for the estimated value of £323,866, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,592 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, 2, Beacon Gate, London was last sold on 18 Mar 2008 for £183,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Mar 2008, the market for similar properties has risen 86.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Beacon Gate, London within a radius of 400 metres over the last 2 years.
The most recent example is 14, Beacon Gate, London, SE14 5UB, a Leasehold flat which sold for £385,000 in Sep 2021.
Read more about house prices in SE14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Beacon Gate, London, SE14 has a total of 56 addresses. According to our analysis of all the public data, 2, Beacon Gate, London is the 12th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £158k less expensive than the average property in SE14.
2, Beacon Gate, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Nov 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 2, Beacon Gate, London is Nunhead station which is 200 metres 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 2, Beacon Gate, London, 45.8% of property is socially rented and 26.8% 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 2, Beacon Gate, London, 23.8% of residents are recorded as possessing school level qualifications and 48.1% 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 2, Beacon Gate, London, the average age was 36.3 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 2, Beacon Gate, 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 2, Beacon Gate, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.