According to the public record, 38, Miles Drive, London is a modern apartment with 516 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.
38, Miles Drive, London has no recent1 records in the Land Registry database and a single entry in the EPC database dated October 2022.
We combine this information with public data 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 Miles Drive London as £216,244 and the rental value as £1,449 per month giving an expected gross yield of 8%.
Over the last 12 months the sale value of 38 Miles Drive London has increased by £1,996 (0.9%) and its rental value has increased by £77 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 38, Miles Drive, London is in very good condition we estimate a sale value of £227,056 and rental value of £1,522 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £201,107 and a rental value of £1,348 per month.
If you were able to purchase this property for the estimated value of £216,244, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,063 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, Miles Drive, London was last sold on 10 May 2005 for £144,995 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Miles Drive, London within a radius of 630 metres over the last 2 years.
The most recent example is 33, Warrior Close, London, SE28 0NL, a Leasehold flat which sold for £214,150 in Sep 2022.
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, 38, Miles Drive, London is the 120th largest and the 126th most expensive property on the street.
When compared to the postcode district it is £90k less expensive than the average property in SE28.
38, Miles Drive, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Oct 2022.
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, 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 38, 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 38, 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 38, 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 38, 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 38, 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.