According to the public record, 53, Ripon Road, London is a period leasehold apartment with 1,711 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 53, Ripon Road, London, SE18.
Ripon Road, London, SE18 is located in the borough of Greenwich within the SE18 postal district.
53, Ripon Road, London has a single entry in the Land Registry database from November 2021 and a single entry in the EPC database dated March 2020.
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 53 Ripon Road London as £402,986 and the rental value as £2,001 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 53 Ripon Road London has increased by £9,049 (2.2%) and its rental value has increased by £129 per month (6.5%).
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 53, Ripon Road, London is in very good condition we estimate a sale value of £423,135 and rental value of £2,101 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £374,777 and a rental value of £1,861 per month.
If you were able to purchase this property for the estimated value of £402,986, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,981 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, 53, Ripon Road, London was last sold on 15 Nov 2021 for £405,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2021, the market for similar properties has risen 1.8%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 340 metres radius of 53, Ripon Road, London over the last 2 years.
The most recent example is 53A, Ripon Road, London, SE18 3QJ, a Leasehold flat which sold for £175,000 in Apr 2015.
Read more about house prices in SE18.
Ripon Road, London, SE18 has a total of 77 addresses. According to our analysis of all the public data, 53, Ripon Road, London is the largest and the 24th most expensive property on the street.
When compared to the postcode district it is £37k more expensive than the average property in SE18.
53, Ripon Road, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Mar 2020.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to 53, Ripon Road, London is Woolwich Arsenal station which is 1.3 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 53, Ripon Road, London, 47.6% of property is socially rented and 30.3% is privately 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 53, Ripon Road, London, 23.5% of residents are recorded as possessing school level qualifications and 47.7% 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 53, Ripon Road, London, the average age was 39 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 53, Ripon Road, London, 0.6% 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 53, Ripon Road, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.