According to the public record, 40, Altash Way, London is a mid-century leasehold apartment with 516 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.
40, Altash Way, London has 3 entries in the Land Registry database, most recently in April 2021 and a single entry in the EPC database dated October 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 40 Altash Way London as £247,295 and the rental value as £1,343 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 40 Altash Way London has increased by £1,302 (0.5%) and its rental value has increased by £67 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 40, Altash Way, London is in very good condition we estimate a sale value of £259,660 and rental value of £1,410 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £229,984 and a rental value of £1,249 per month.
If you were able to purchase this property for the estimated value of £247,295, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,215 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, 40, Altash Way, London was last sold on 12 Apr 2021 for £240,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2021, the market for similar properties has risen 4.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Altash Way, London within a radius of 550 metres over the last 2 years.
The most recent example is 25, Kingsley Wood Drive, London, SE9 3BJ, a Leasehold flat which sold for £235,000 in Dec 2020.
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, 40, Altash Way, London is the 57th largest and the 56th most expensive property on the street.
When compared to the postcode district it is £208k less expensive than the average property in SE9.
40, Altash Way, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Oct 2020.
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 40, 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 40, 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 40, 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 40, 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 40, 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 40, 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.