According to the public record, 22, Alliance Road, London is a period leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 22, Alliance Road, London, SE18.
Alliance Road, London, SE18 is located in the borough of Greenwich within the SE18 postal district.
22, Alliance Road, London has 2 entries in the Land Registry database, most recently in October 2022 and a single entry in the EPC database dated January 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 22 Alliance Road London as £286,901 and the rental value as £1,732 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 22 Alliance Road London has increased by £3,626 (1.3%) and its rental value has increased by £109 per month (6.3%).
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 22, Alliance Road, London is in very good condition we estimate a sale value of £301,247 and rental value of £1,819 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £266,818 and a rental value of £1,611 per month.
If you were able to purchase this property for the estimated value of £286,901, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,410 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, 22, Alliance Road, London was last sold on 03 Oct 2022 for £290,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2022, the market for similar properties has risen 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Alliance Road, London within a radius of 650 metres over the last 2 years.
The most recent example is 22A, Alliance Road, London, SE18 2BA, a Leasehold flat which sold for £280,000 in Oct 2022.
Read more about house prices in SE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alliance Road, London, SE18 has a total of 131 addresses. According to our analysis of all the public data, 22, Alliance Road, London is the 108th largest and the 99th most expensive property on the street.
When compared to the postcode district it is £79k less expensive than the average property in SE18.
22, Alliance Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Jan 2014.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 22, Alliance Road, London is Welling station which is 1.4 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 22, Alliance Road, London, 50.7% of property is socially rented and 17.7% is privately owned outright.
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 22, Alliance Road, London, 20.5% of residents are recorded as possessing school level qualifications and 31.8% 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 22, Alliance Road, London, the average age was 36.4 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 22, Alliance Road, 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 22, Alliance Road, 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.