According to the public record, 50, Princess Alice Way, London is a modern leasehold apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Princess Alice Way, London, SE28 is located in the borough of Greenwich within the SE28 postal district.
50, Princess Alice Way, London has 31 entries in the Land Registry database, most recently in September 2023 and a single entry in the EPC database dated September 2021.
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 50 Princess Alice Way London as £219,769 and the rental value as £1,350 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 50 Princess Alice Way London has increased by £2,582 (1.2%) and its rental value has increased by £75 per month (5.6%).
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 50, Princess Alice Way, London is in very good condition we estimate a sale value of £230,757 and rental value of £1,417 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £204,385 and a rental value of £1,255 per month.
If you were able to purchase this property for the estimated value of £219,769, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,080 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, 50, Princess Alice Way, London was last sold on 25 Sep 2023 for £226,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Sep 2023, the market for similar properties has risen 1.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50, Princess Alice Way, London within a radius of 510 metres over the last 2 years.
The most recent example is 44, Princess Alice Way, London, SE28 0HQ, a Leasehold flat which sold for £200,000 in Mar 2024.
Read more about house prices in SE28.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Princess Alice Way, London, SE28 has a total of 39 addresses. According to our analysis of all the public data, 50, Princess Alice Way, London is the 35th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £87k less expensive than the average property in SE28.
50, Princess Alice Way, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Sep 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 50, Princess Alice Way, London is Plumstead station which is 1.1 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 50, Princess Alice Way, London, 67.1% of property is privately rented and 18.3% 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 50, Princess Alice Way, London, 24.2% of residents are recorded as possessing school level qualifications and 54.8% 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 50, Princess Alice Way, London, the average age was 32.6 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 50, Princess Alice Way, London, 2.4% 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 50, Princess Alice Way, 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.