According to the public record, 31, Pettacre Close, London is a modern leasehold apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Pettacre Close, London, SE28 is located in the borough of Greenwich within the SE28 postal district.
31, Pettacre Close, London has 21 entries in the Land Registry database, most recently in June 2015 and a single entry in the EPC database dated December 2013.
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 31 Pettacre Close London as £266,833 and the rental value as £1,593 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 31 Pettacre Close London has increased by £5,492 (2.1%) and its rental value has increased by £100 per month (6.3%).
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 31, Pettacre Close, London is in very good condition we estimate a sale value of £280,174 and rental value of £1,672 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £248,154 and a rental value of £1,481 per month.
If you were able to purchase this property for the estimated value of £266,833, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,311 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, 31, Pettacre Close, London was last sold on 10 Jun 2015 for £235,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2015, the market for similar properties has risen 15.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Pettacre Close, London within a radius of 410 metres over the last 2 years.
The most recent example is Flat 54, Long Acre House, Pettacre Close, London, SE28 0PB, a Leasehold flat which sold for £255,000 in Apr 2023.
Read more about house prices in SE28.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pettacre Close, London, SE28 has a total of 223 addresses. According to our analysis of all the public data, 31, Pettacre Close, London is the 148th largest and the 184th most expensive property on the street.
When compared to the postcode district it is £40k less expensive than the average property in SE28.
31, Pettacre Close, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Dec 2013.
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 31, Pettacre Close, London is Plumstead 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 31, Pettacre Close, London, 39.9% of property is privately rented and 24.8% is socially 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 31, Pettacre Close, London, 21.9% of residents are recorded as possessing school level qualifications and 48.0% 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 31, Pettacre Close, London, the average age was 35.2 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 31, Pettacre Close, London, 0.2% 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 31, Pettacre Close, 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.