According to the public record, 2, Chilton Grove, London is a mid-century leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Chilton Grove, London, SE8 is located in the borough of Southwark within the SE8 postal district.
2, Chilton Grove, London has a single entry in the Land Registry database from September 2017 and a single entry in the EPC database dated May 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 2 Chilton Grove London as £285,243 and the rental value as £1,551 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 2 Chilton Grove London has increased by £5,152 (1.8%) and its rental value has increased by £90 per month (5.8%).
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, Chilton Grove, London is in very good condition we estimate a sale value of £299,506 and rental value of £1,628 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £265,276 and a rental value of £1,442 per month.
If you were able to purchase this property for the estimated value of £285,243, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,402 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, Chilton Grove, London was last sold on 29 Sep 2017 for £265,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2017, the market for similar properties has dropped 3.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Chilton Grove, London within a radius of 280 metres over the last 2 years.
The most recent example is 16, Chilton Grove, London, SE8 5DY, a Leasehold flat which sold for £300,000 in May 2022.
Read more about house prices in SE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 2 lets within a 280 metres radius of 2, Chilton Grove, London over the last 2 years.
Most recently 44, Greenland Quay, London, SE16 7RW, a Freehold house let by Saint Andrews Bureau in May 2023.
Chilton Grove, London, SE8 has a total of 206 addresses. According to our analysis of all the public data, 2, Chilton Grove, London is the 129th largest and the 183rd most expensive property on the street.
When compared to the postcode district it is £105k less expensive than the average property in SE8.
2, Chilton Grove, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 May 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 2, Chilton Grove, London is Surrey Quays station which is 500 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, Chilton Grove, London, 43.8% of property is socially rented and 31.3% 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, Chilton Grove, London, 24.1% of residents are recorded as possessing school level qualifications and 50.8% 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, Chilton Grove, 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 2, Chilton Grove, London, 1.3% 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 2, Chilton Grove, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.