According to the public record, 36, Sterling Gardens, London is a modern leasehold apartment with 387 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Sterling Gardens, London, SE14 is located in the borough of Lewisham within the SE14 postal district.
36, Sterling Gardens, London has 2 entries in the Land Registry database, most recently in November 2022 and a single entry in the EPC database dated May 2022.
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 Sterling Gardens London as £255,071 and the rental value as £1,510 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 36 Sterling Gardens London has increased by £7,959 (3.1%) and its rental value has increased by £105 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 36, Sterling Gardens, London is in very good condition we estimate a sale value of £267,824 and rental value of £1,585 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £237,216 and a rental value of £1,404 per month.
If you were able to purchase this property for the estimated value of £255,071, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,254 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, Sterling Gardens, London was last sold on 18 Nov 2022 for £275,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2022, the market for similar properties has dropped 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 36, Sterling Gardens, London within a radius of 410 metres over the last 2 years.
The most recent example is 155, Sterling Gardens, London, SE14 6DU, a Leasehold flat which sold for £235,000 in Dec 2022.
Read more about house prices in SE14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sterling Gardens, London, SE14 has a total of 170 addresses. According to our analysis of all the public data, 36, Sterling Gardens, London is the 141st largest and the 143rd most expensive property on the street.
When compared to the postcode district it is £226k less expensive than the average property in SE14.
36, Sterling Gardens, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 May 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 36, Sterling Gardens, London is New Cross Gate station which is 600 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 36, Sterling Gardens, London, 34.9% of property is privately owned with a mortgage and 34.9% is privately 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, Sterling Gardens, London, 19.7% of residents are recorded as possessing school level qualifications and 64.3% 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, Sterling Gardens, London, the average age was 34.7 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 36, Sterling Gardens, 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, Sterling Gardens, 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.