According to the public record, 224, Green Lane, London is a early-century freehold house with 957 ft2 of internal area and sits on a 310 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Green Lane, London, SE9 is located in the borough of Greenwich within the SE9 postal district.
224, Green Lane, London has a single entry in the Land Registry database from February 2017 and a single entry in the EPC database dated June 2016.
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 224 Green Lane London as £495,226 and the rental value as £2,277 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 224 Green Lane London has increased by £3,444 (0.7%) and its rental value has increased by £113 per month (5.0%).
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 224, Green Lane, London is in very good condition we estimate a sale value of £519,987 and rental value of £2,391 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £460,560 and a rental value of £2,118 per month.
If you were able to purchase this property for the estimated value of £495,226, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,434 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 data from HM Land Registry, 224, Green Lane, London sits on a plot of 310m2.
We have plot size data on 16 out of 28 other houses in the postcode and 224, Green Lane, London sits on the 14th largest plot.
According to HM Land Registry, 224, Green Lane, London was last sold on 17 Feb 2017 for £400,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2017, the market for similar properties has risen 15.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 224, Green Lane, London within a radius of 640 metres over the last 2 years.
The most recent example is 226, Green Lane, London, SE9 3TL, a Freehold house which sold for £520,000 in May 2023.
Read more about house prices in SE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Green Lane, London, SE9 has a total of 430 addresses. According to our analysis of all the public data, 224, Green Lane, London is the 313th largest and the 305th most expensive property on the street.
When compared to the postcode district it is £40k more expensive than the average property in SE9.
224, Green Lane, London has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 08 Jun 2016.
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 224, Green Lane, London is New Eltham station which is 600 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 224, Green Lane, London, 37.4% of property is privately owned outright and 34.8% is privately owned with a mortgage.
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 224, Green Lane, London, 21.5% of residents are recorded as possessing school level qualifications and 38.1% 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 224, Green Lane, London, the average age was 40.2 and the most common age was 42.
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 224, Green Lane, 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 224, Green Lane, London, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.