According to the public record, 27, Desmond Street, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 648 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Desmond Street, London, SE14 is located in the borough of Lewisham within the SE14 postal district.
27, Desmond Street, London has a single entry in the Land Registry database from August 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 27 Desmond Street London as £286,424 and the rental value as £1,590 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 27 Desmond Street London has increased by £8,229 (2.9%) and its rental value has increased by £109 per month (6.9%).
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 27, Desmond Street, London is in very good condition we estimate a sale value of £300,745 and rental value of £1,670 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £266,374 and a rental value of £1,479 per month.
If you were able to purchase this property for the estimated value of £286,424, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,408 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, 27, Desmond Street, London was last sold on 22 Aug 2007 for £175,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2007, the market for similar properties has risen 65.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, Desmond Street, London within a radius of 340 metres over the last 2 years.
The most recent example is Apartment 402, Astra House 23-25, Arklow Road, London, SE14 6BY, a Leasehold flat which sold for £310,000 in Mar 2019.
Read more about house prices in SE14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Desmond Street, London, SE14 has a total of 51 addresses. According to our analysis of all the public data, 27, Desmond Street, London is the 51st largest and the 51st most expensive property on the street.
When compared to the postcode district it is £195k less expensive than the average property in SE14.
The closest station to 27, Desmond Street, London is New Cross 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 27, Desmond Street, London, 59.9% of property is socially rented and 19.7% 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 27, Desmond Street, London, 26.9% of residents are recorded as possessing school level qualifications and 40.7% 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 27, Desmond Street, London, the average age was 34.7 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 27, Desmond Street, London, 0.6% 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 27, Desmond Street, 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.