According to the public record, 3, Rockmount Road, London is a period leasehold apartment with 818 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Rockmount Road, London, SE18 is located in the borough of Greenwich within the SE18 postal district.
3, Rockmount Road, London has 21 entries in the Land Registry database, most recently in August 2015 and a single entry in the EPC database dated April 2021.
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 3 Rockmount Road London as £294,641 and the rental value as £1,551 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 3 Rockmount Road London has increased by £6,207 (2.1%) and its rental value has increased by £101 per month (6.5%).
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 3, Rockmount Road, London is in very good condition we estimate a sale value of £309,373 and rental value of £1,629 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £274,016 and a rental value of £1,443 per month.
If you were able to purchase this property for the estimated value of £294,641, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,448 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, 3, Rockmount Road, London was last sold on 26 Aug 2015 for £200,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2015, the market for similar properties has risen 34.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Rockmount Road, London within a radius of 400 metres over the last 2 years.
The most recent example is 35C, Saunders Road, London, SE18 1NT, a Leasehold flat which sold for £295,000 in Feb 2023.
Read more about house prices in SE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rockmount Road, London, SE18 has a total of 66 addresses. According to our analysis of all the public data, 3, Rockmount Road, London is the 20th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £72k less expensive than the average property in SE18.
3, Rockmount Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Apr 2021.
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 3, Rockmount Road, 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 3, Rockmount Road, London, 41.5% of property is privately rented and 23.9% 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 3, Rockmount Road, London, 22.5% of residents are recorded as possessing school level qualifications and 30.5% 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 3, Rockmount Road, 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 3, Rockmount Road, 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 3, Rockmount Road, 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.