According to the public record, 40, Fairthorn Road, London is a period leasehold apartment with 486 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 40, Fairthorn Road, London, SE7.
Fairthorn Road, London, SE7 is located in the borough of Greenwich within the SE7 postal district.
40, Fairthorn Road, London has 4 entries in the Land Registry database, most recently in August 2018 and a single entry in the EPC database dated February 2011.
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 Fairthorn Road London as £322,926 and the rental value as £1,600 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 40 Fairthorn Road London has increased by £6,844 (2.1%) and its rental value has increased by £83 per month (5.2%).
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, Fairthorn Road, London is in very good condition we estimate a sale value of £339,072 and rental value of £1,680 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £300,321 and a rental value of £1,488 per month.
If you were able to purchase this property for the estimated value of £322,926, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,587 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, Fairthorn Road, London was last sold on 08 Aug 2018 for £303,800 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Aug 2018, the market for similar properties has risen 3.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Fairthorn Road, London within a radius of 400 metres over the last 2 years.
The most recent example is 23, Gurdon Road, London, SE7 7RP, a Leasehold flat which sold for £388,500 in Feb 2024.
Read more about house prices in SE7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fairthorn Road, London, SE7 has a total of 266 addresses. According to our analysis of all the public data, 40, Fairthorn Road, London is the 262nd largest and the 145th most expensive property on the street.
When compared to the postcode district it is £128k less expensive than the average property in SE7.
40, Fairthorn Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Feb 2011.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to 40, Fairthorn Road, London is Westcombe Park station which is 200 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, Fairthorn Road, London, 50.9% of property is privately rented and 36.0% is privately owned with a mortgage.
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, Fairthorn Road, London, 14.8% of residents are recorded as possessing school level qualifications and 63.2% 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, Fairthorn Road, London, the average age was 34.4 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 40, Fairthorn Road, London, 0.8% 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, Fairthorn Road, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.