According to the public record, 23, Edric Road, London is a period apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Edric Road, London, SE14 is located in the borough of Lewisham within the SE14 postal district.
23, Edric Road, London has no records in the Land Registry database and a single entry in the EPC database dated February 2022.
We combine this information with public data 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 23 Edric Road London as £470,848 and the rental value as £2,327 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 23 Edric Road London has increased by £13,236 (2.8%) and its rental value has increased by £143 per month (6.1%).
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 23, Edric Road, London is in very good condition we estimate a sale value of £494,390 and rental value of £2,443 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £437,889 and a rental value of £2,164 per month.
If you were able to purchase this property for the estimated value of £470,848, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,314 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Edric Road, London within a radius of 300 metres over the last 2 years.
The most recent example is Flat B, 79, Camplin Street, London, SE14 5QX, a Leasehold flat which sold for £465,500 in Jul 2022.
Read more about house prices in SE14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Edric Road, London, SE14 has a total of 78 addresses. According to our analysis of all the public data, 23, Edric Road, London is the 44th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £11k less expensive than the average property in SE14.
23, Edric Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Feb 2022.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to 23, Edric Road, London is New Cross Gate station which is 700 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 23, Edric Road, London, 30.2% of property is socially rented and 29.5% 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 23, Edric Road, London, 20.3% of residents are recorded as possessing school level qualifications and 56.4% 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 23, Edric Road, London, the average age was 33.3 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 23, Edric Road, London, 1.0% 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 23, Edric Road, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.