According to the public record, 48, Fairoak Drive, London is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,317 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Fairoak Drive, London, SE9 is located in the borough of Greenwich within the SE9 postal district.
48, Fairoak Drive, London has 2 entries in the Land Registry database, most recently in March 2017 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 48 Fairoak Drive London as £822,619 and the rental value as £2,750 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 48 Fairoak Drive London has decreased by £4,652 (0.6%) and its rental value has increased by £106 per month (3.8%).
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 48, Fairoak Drive, London is in very good condition we estimate a sale value of £863,749 and rental value of £2,887 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £765,035 and a rental value of £2,557 per month.
If you were able to purchase this property for the estimated value of £822,619, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,043 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, 48, Fairoak Drive, London was last sold on 27 Mar 2017 for £682,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2017, the market for similar properties has risen 17.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Fairoak Drive, London within a radius of 660 metres over the last 2 years.
The most recent example is 32, Fairoak Drive, London, SE9 2QH, a Freehold house which sold for £773,000 in Jun 2022.
Read more about house prices in SE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fairoak Drive, London, SE9 has a total of 67 addresses. According to our analysis of all the public data, 48, Fairoak Drive, London is the 29th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £367k more expensive than the average property in SE9.
The closest station to 48, Fairoak Drive, London is Falconwood 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 48, Fairoak Drive, London, 50.0% of property is privately owned outright and 39.8% 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 48, Fairoak Drive, London, 20.3% of residents are recorded as possessing school level qualifications and 35.3% 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 48, Fairoak Drive, London, the average age was 41.4 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 48, Fairoak Drive, London, 1.4% 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 48, Fairoak Drive, London, there are an average of 1.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.