According to the public record, 29, Swingate Lane, London is a mid-century leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Swingate Lane, London, SE18 is located in the borough of Greenwich within the SE18 postal district.
29, Swingate Lane, London has a single entry in the Land Registry database from September 2015 and a single entry in the EPC database dated March 2015.
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 29 Swingate Lane London as £261,059 and the rental value as £1,599 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 29 Swingate Lane London has increased by £6,092 (2.3%) and its rental value has increased by £112 per month (7.0%).
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 29, Swingate Lane, London is in very good condition we estimate a sale value of £274,112 and rental value of £1,679 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £242,785 and a rental value of £1,487 per month.
If you were able to purchase this property for the estimated value of £261,059, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,283 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, 29, Swingate Lane, London was last sold on 18 Sep 2015 for £216,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2015, the market for similar properties has risen 20.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Swingate Lane, London within a radius of 490 metres over the last 2 years.
The most recent example is 25, Swingate Lane, London, SE18 2DA, a Leasehold flat which sold for £255,000 in Jul 2022.
Read more about house prices in SE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Swingate Lane, London, SE18 has a total of 226 addresses. According to our analysis of all the public data, 29, Swingate Lane, London is the 168th largest and the 193rd most expensive property on the street.
When compared to the postcode district it is £105k less expensive than the average property in SE18.
29, Swingate Lane, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Mar 2015.
The property is connected to mains gas and has single glazed windows. It is heated using room heaters.
The closest station to 29, Swingate Lane, London is Plumstead station which is 1.3 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 29, Swingate Lane, London, 29.4% of property is privately rented and 28.3% 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 29, Swingate Lane, London, 18.0% of residents are recorded as possessing school level qualifications and 43.0% 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 29, Swingate Lane, 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 29, Swingate Lane, London, 1.9% 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 29, Swingate Lane, 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.