According to the public record, 5, Oakmere Road, London is a early-century freehold house with 731 ft2 of internal area and sits on a 210 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Oakmere Road, London, SE2 is located in the borough of Greenwich within the SE2 postal district.
5, Oakmere Road, London has 31 entries in the Land Registry database, most recently in May 2023 and a single entry in the EPC database dated September 2018.
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 Oakmere Road London as £380,257 and the rental value as £1,952 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 5 Oakmere Road London has increased by £8,795 (2.3%) and its rental value has increased by £133 per month (6.8%).
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 5, Oakmere Road, London is in very good condition we estimate a sale value of £399,270 and rental value of £2,050 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £353,639 and a rental value of £1,815 per month.
If you were able to purchase this property for the estimated value of £380,257, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,869 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, 5, Oakmere Road, London sits on a plot of 210m2.
We have plot size data on 10 out of 17 other houses in the postcode and 5, Oakmere Road, London sits on the 5th largest plot.
According to HM Land Registry, 5, Oakmere Road, London was last sold on 17 May 2023 for £350,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2023, the market for similar properties has risen 2.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Oakmere Road, London within a radius of 570 metres over the last 2 years.
The most recent example is 9, Waterdale Road, London, SE2 0XT, a Freehold house which sold for £420,000 in May 2023.
Read more about house prices in SE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oakmere Road, London, SE2 has a total of 19 addresses. According to our analysis of all the public data, 5, Oakmere Road, London is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £21k more expensive than the average property in SE2.
5, Oakmere Road, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Sep 2018.
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 5, Oakmere Road, London is Abbey Wood station which is 1.6 kilometres 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, Oakmere Road, London, 31.8% of property is privately rented and 30.0% 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 5, Oakmere Road, London, 22.0% of residents are recorded as possessing school level qualifications and 41.9% 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, Oakmere Road, London, the average age was 36.4 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 5, Oakmere Road, London, 1.2% 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, Oakmere Road, 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.