According to the public record, 51, Plumstead Common Road, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 496 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Plumstead Common Road, London, SE18 is located in the borough of Greenwich within the SE18 postal district.
51, Plumstead Common Road, London has 2 entries in the Land Registry database, most recently in April 2011 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 51 Plumstead Common Road London as £243,708 and the rental value as £1,499 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 51 Plumstead Common Road London has increased by £6,904 (2.8%) and its rental value has increased by £106 per month (7.1%).
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 51, Plumstead Common Road, London is in very good condition we estimate a sale value of £255,893 and rental value of £1,574 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £226,648 and a rental value of £1,394 per month.
If you were able to purchase this property for the estimated value of £243,708, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,198 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, 51, Plumstead Common Road, London was last sold on 18 Apr 2011 for £110,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2011, the market for similar properties has risen 86.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 51, Plumstead Common Road, London within a radius of 300 metres over the last 2 years.
The most recent example is Flat 2, 49, Elmdene Road, London, SE18 6TZ, a Leasehold flat which sold for £185,000 in Dec 2022.
Read more about house prices in SE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Plumstead Common Road, London, SE18 has a total of 307 addresses. According to our analysis of all the public data, 51, Plumstead Common Road, London is the 244th largest and the 222nd most expensive property on the street.
When compared to the postcode district it is £123k less expensive than the average property in SE18.
The closest station to 51, Plumstead Common Road, London is Woolwich Arsenal 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 51, Plumstead Common Road, London, 50.0% of property is privately rented and 38.1% 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 51, Plumstead Common Road, London, 26.4% of residents are recorded as possessing school level qualifications and 27.9% 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 51, Plumstead Common Road, London, the average age was 33.5 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 51, Plumstead Common Road, London, 0.5% 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 51, Plumstead Common Road, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.