According to the public record, 40, Lavender Road, London is a mid-century freehold house with 602 ft2 of internal area and sits on a 182 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Lavender Road, London, SE16 is located in the borough of Southwark within the SE16 postal district.
40, Lavender Road, London has 41 entries in the Land Registry database, most recently in November 2014 and a single entry in the EPC database dated July 2019.
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 Lavender Road London as £603,617 and the rental value as £2,884 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 40 Lavender Road London has increased by £9,499 (1.6%) and its rental value has increased by £140 per month (4.8%).
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 40, Lavender Road, London is in very good condition we estimate a sale value of £633,798 and rental value of £3,028 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £561,364 and a rental value of £2,682 per month.
If you were able to purchase this property for the estimated value of £603,617, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,967 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 data from HM Land Registry, 40, Lavender Road, London sits on a plot of 182m2.
We have plot size data on 34 out of 45 other houses in the postcode and 40, Lavender Road, London sits on the 6th largest plot.
According to HM Land Registry, 40, Lavender Road, London was last sold on 26 Nov 2014 for £499,999 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Nov 2014, the market for similar properties has risen 15.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Lavender Road, London within a radius of 420 metres over the last 2 years.
The most recent example is 9, Lavender Road, London, SE16 5DZ, a Freehold house which sold for £600,000 in Nov 2023.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 420 metres radius of 40, Lavender Road, London over the last 2 years.
Most recently 94, Acorn Walk, London, SE16 5DX, a Leasehold flat let by Saint Andrews Bureau in Sep 2021.
Lavender Road, London, SE16 has a total of 51 addresses. According to our analysis of all the public data, 40, Lavender Road, London is the 38th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £130k more expensive than the average property in SE16.
40, Lavender Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Jul 2019.
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, Lavender Road, London is Limehouse 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, Lavender Road, London, 40.7% of property is privately rented and 31.1% 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, Lavender Road, London, 15.4% of residents are recorded as possessing school level qualifications and 63.5% 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, Lavender Road, London, the average age was 35.9 and the most common age was 27.
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, Lavender Road, 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 40, Lavender Road, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.