According to the public record, 30, Milford Close, London is a mid-century leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Milford Close, London, SE2 is located in the borough of Bexley within the SE2 postal district.
30, Milford Close, London has 21 entries in the Land Registry database, most recently in March 2010 and a single entry in the EPC database dated August 2020.
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 30 Milford Close London as £245,850 and the rental value as £1,503 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 30 Milford Close London has increased by £2,743 (1.1%) and its rental value has increased by £86 per month (5.7%).
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 30, Milford Close, London is in very good condition we estimate a sale value of £258,143 and rental value of £1,578 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £228,641 and a rental value of £1,398 per month.
If you were able to purchase this property for the estimated value of £245,850, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,208 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, 30, Milford Close, London was last sold on 26 Mar 2010 for £148,750 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2010, the market for similar properties has risen 81.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 30, Milford Close, London within a radius of 530 metres over the last 2 years.
The most recent example is 6, Milford Close, London, SE2 0DT, a Leasehold flat which sold for £255,000 in Mar 2022.
Read more about house prices in SE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Milford Close, London, SE2 has a total of 84 addresses. According to our analysis of all the public data, 30, Milford Close, London is the 60th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £113k less expensive than the average property in SE2.
30, Milford Close, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Aug 2020.
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 30, Milford Close, London is Abbey Wood station which is 1.5 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 30, Milford Close, London, 40.8% of property is privately owned outright and 32.3% 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 30, Milford Close, London, 19.7% of residents are recorded as possessing school level qualifications and 28.2% 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 30, Milford Close, London, the average age was 41.7 and the most common age was 52.
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 30, Milford Close, London, 0.0% 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 30, Milford Close, London, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.