According to the public record, 38, Altash Way, London is a mid-century leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Altash Way, London, SE9 is located in the borough of Greenwich within the SE9 postal district.
38, Altash Way, London has 21 entries in the Land Registry database, most recently in February 2018 and a single entry in the EPC database dated August 2017.
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 38 Altash Way London as £255,529 and the rental value as £1,374 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 38 Altash Way London has increased by £1,345 (0.5%) and its rental value has increased by £69 per month (5.0%).
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 38, Altash Way, London is in very good condition we estimate a sale value of £268,305 and rental value of £1,443 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £237,642 and a rental value of £1,278 per month.
If you were able to purchase this property for the estimated value of £255,529, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,256 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, 38, Altash Way, London was last sold on 23 Feb 2018 for £210,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2018, the market for similar properties has risen 6.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Altash Way, London within a radius of 550 metres over the last 2 years.
The most recent example is 40, Altash Way, London, SE9 3EL, a Leasehold flat which sold for £240,000 in Apr 2021.
Read more about house prices in SE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Altash Way, London, SE9 has a total of 60 addresses. According to our analysis of all the public data, 38, Altash Way, London is the 53rd largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £200k less expensive than the average property in SE9.
38, Altash Way, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Aug 2017.
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 38, Altash Way, London is Mottingham station which is 700 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 38, Altash Way, London, 32.4% of property is privately owned with a mortgage and 29.6% 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 38, Altash Way, London, 16.2% of residents are recorded as possessing school level qualifications and 33.2% 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 38, Altash Way, London, the average age was 39.1 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 38, Altash Way, London, 0.4% 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 38, Altash Way, London, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.