According to the public record, 5, Cleveley Close, London is a mid-century leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Cleveley Close, London, SE7 is located in the borough of Greenwich within the SE7 postal district.
5, Cleveley Close, London has a single entry in the Land Registry database from October 2022 and a single entry in the EPC database dated April 2016.
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 5 Cleveley Close London as £253,133 and the rental value as £1,509 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 5 Cleveley Close London has increased by £9,263 (3.7%) and its rental value has increased by £99 per month (6.6%).
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 5, Cleveley Close, London is in very good condition we estimate a sale value of £265,789 and rental value of £1,584 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £235,413 and a rental value of £1,403 per month.
If you were able to purchase this property for the estimated value of £253,133, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,244 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, 5, Cleveley Close, London was last sold on 14 Oct 2022 for £250,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2022, the market for similar properties has risen 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Cleveley Close, London within a radius of 600 metres over the last 2 years.
The most recent example is 24, Gallon Close, London, SE7 8SY, a Leasehold flat which sold for £245,000 in Feb 2024.
Read more about house prices in SE7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cleveley Close, London, SE7 has a total of 41 addresses. According to our analysis of all the public data, 5, Cleveley Close, London is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £198k less expensive than the average property in SE7.
5, Cleveley Close, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Apr 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to 5, Cleveley Close, London is Woolwich Dockyard station which is 800 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 5, Cleveley Close, London, 45.1% of property is privately rented and 42.9% 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 5, Cleveley Close, London, 25.5% of residents are recorded as possessing school level qualifications and 43.6% 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 5, Cleveley Close, London, the average age was 34 and the most common age was 12.
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 5, Cleveley Close, 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 5, Cleveley Close, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.