According to the public record, 283, Newmarsh Road, London is a modern freehold house with 624 ft2 of internal area and sits on a 102 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Newmarsh Road, London, SE28 is located in the borough of Greenwich within the SE28 postal district.
283, Newmarsh Road, London has 51 entries in the Land Registry database, most recently in July 2014 and a single entry in the EPC database dated May 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 283 Newmarsh Road London as £318,237 and the rental value as £1,601 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 283 Newmarsh Road London has increased by £5,286 (1.7%) and its rental value has increased by £99 per month (6.2%).
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 283, Newmarsh Road, London is in very good condition we estimate a sale value of £334,149 and rental value of £1,681 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £295,961 and a rental value of £1,489 per month.
If you were able to purchase this property for the estimated value of £318,237, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,564 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, 283, Newmarsh Road, London sits on a plot of 102m2.
We have plot size data on 16 out of 22 other houses in the postcode and 283, Newmarsh Road, London sits on the 8th largest plot.
According to HM Land Registry, 283, Newmarsh Road, London was last sold on 01 Jul 2014 for £200,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Jul 2014, the market for similar properties has risen 47.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 283, Newmarsh Road, London within a radius of 730 metres over the last 2 years.
The most recent example is 12, Newmarsh Road, London, SE28 8TF, a Freehold house which sold for £365,000 in Aug 2023.
Read more about house prices in SE28.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newmarsh Road, London, SE28 has a total of 217 addresses. According to our analysis of all the public data, 283, Newmarsh Road, London is the 188th largest and the 187th most expensive property on the street.
When compared to the postcode district it is £12k more expensive than the average property in SE28.
283, Newmarsh Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 May 2014.
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 283, Newmarsh Road, London is Plumstead station which is 1.8 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 283, Newmarsh Road, London, 43.4% of property is privately rented and 38.0% 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 283, Newmarsh Road, London, 36.8% of residents are recorded as possessing school level qualifications and 46.0% 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 283, Newmarsh Road, London, the average age was 32.6 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 283, Newmarsh 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 283, Newmarsh Road, London, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.