According to the public record, 2 Vantage Apartments, Morden Hill, London is a modern leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 2, Morden Hill, London, SE13.
Morden Hill, London, SE13 is located in the borough of Lewisham within the SE13 postal district.
2 Vantage Apartments, Morden Hill, London has 2 entries in the Land Registry database, most recently in August 2021 and a single entry in the EPC database dated April 2014.
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 Vantage Apartments Morden Hill London as £379,766 and the rental value as £1,865 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 2 Vantage Apartments Morden Hill London has increased by £11,152 (2.9%) and its rental value has increased by £134 per month (7.2%).
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 2 Vantage Apartments, Morden Hill, London is in very good condition we estimate a sale value of £398,754 and rental value of £1,959 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £353,183 and a rental value of £1,735 per month.
If you were able to purchase this property for the estimated value of £379,766, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,866 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 Vantage Apartments, Morden Hill, London was last sold on 12 Aug 2021 for £365,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2021, the market for similar properties has risen 4.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Vantage Apartments, Morden Hill, London within a radius of 290 metres over the last 2 years.
The most recent example is Flat 501, Hester House 72-78, Conington Road, London, SE13 7FL, a Leasehold flat which sold for £495,000 in Jul 2023.
Read more about house prices in SE13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let of a property similar to 2 Vantage Apartments, Morden Hill, London within a radius of 290 metres over the last 2 years.
Most recently Flat 309, Nara Building, Conington Road, London, SE13 7FH, a Leasehold flat let by Your Home Managed in May 2024.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morden Hill, London, SE13 has a total of 67 addresses. According to our analysis of all the public data, 2 Vantage Apartments, Morden Hill, London is the 62nd largest and the 61st most expensive property on the street.
When compared to the postcode district it is £102k less expensive than the average property in SE13.
2 Vantage Apartments, Morden Hill, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Apr 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 2 Vantage Apartments, Morden Hill, London is Lewisham station which is 300 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 Vantage Apartments, Morden Hill, London, 45.5% of property is privately rented and 36.6% is socially 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 Vantage Apartments, Morden Hill, London, 20.8% of residents are recorded as possessing school level qualifications and 43.2% 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 Vantage Apartments, Morden Hill, London, the average age was 37.2 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 2 Vantage Apartments, Morden Hill, London, 0.7% 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 Vantage Apartments, Morden Hill, 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.