According to the public record, 36, Miles Drive, London is a mid-century leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Miles Drive, London, SE28 is located in the borough of Greenwich within the SE28 postal district.
36, Miles Drive, London has 31 entries in the Land Registry database, most recently in October 2007 and a single entry in the EPC database dated March 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 36 Miles Drive London as £239,850 and the rental value as £1,562 per month giving an expected gross yield of 7.8%.
Over the last 12 months the sale value of 36 Miles Drive London has increased by £2,214 (0.9%) and its rental value has increased by £83 per month (5.3%).
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 36, Miles Drive, London is in very good condition we estimate a sale value of £251,843 and rental value of £1,640 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £223,061 and a rental value of £1,453 per month.
If you were able to purchase this property for the estimated value of £239,850, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,179 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, 36, Miles Drive, London was last sold on 04 Oct 2007 for £160,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Oct 2007, the market for similar properties has risen 50.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 36, Miles Drive, London within a radius of 530 metres over the last 2 years.
The most recent example is 2, Hill View Drive, London, SE28 0LH, a Leasehold flat which sold for £256,500 in Nov 2023.
Read more about house prices in SE28.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Miles Drive, London, SE28 has a total of 136 addresses. According to our analysis of all the public data, 36, Miles Drive, London is the 103rd largest and the 105th most expensive property on the street.
When compared to the postcode district it is £67k less expensive than the average property in SE28.
36, Miles Drive, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 02 Mar 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 36, Miles Drive, London is Gallions Reach 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 36, Miles Drive, London, 50.0% of property is privately rented and 21.5% 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 36, Miles Drive, London, 31.3% of residents are recorded as possessing school level qualifications and 54.7% 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 36, Miles Drive, 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 36, Miles Drive, 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 36, Miles Drive, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.