According to the public record, 38, Durham Rise, London is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 979 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Durham Rise, London, SE18 is located in the borough of Greenwich within the SE18 postal district.
38, Durham Rise, London has a single entry in the Land Registry database from July 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 38 Durham Rise London as £401,617 and the rental value as £1,852 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 38 Durham Rise London has increased by £14,028 (3.5%) and its rental value has increased by £144 per month (7.8%).
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, Durham Rise, London is in very good condition we estimate a sale value of £421,698 and rental value of £1,945 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £373,504 and a rental value of £1,723 per month.
If you were able to purchase this property for the estimated value of £401,617, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,974 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, Durham Rise, London was last sold on 12 Jul 2007 for £220,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2007, the market for similar properties has risen 86.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Durham Rise, London within a radius of 350 metres over the last 2 years.
The most recent example is 45, Waverley Road, London, SE18 7TL, a Freehold house which sold for £455,000 in Dec 2022.
Read more about house prices in SE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Durham Rise, London, SE18 has a total of 70 addresses. According to our analysis of all the public data, 38, Durham Rise, London is the 17th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £35k more expensive than the average property in SE18.
The closest station to 38, Durham Rise, London is Plumstead 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 38, Durham Rise, London, 42.2% of property is privately rented and 32.0% 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, Durham Rise, London, 25.6% of residents are recorded as possessing school level qualifications and 38.2% 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, Durham Rise, London, the average age was 35.5 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 38, Durham Rise, London, 0.5% 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, Durham Rise, 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.