According to the public record, 55, Ormiston Road, London is a period freehold house with 678 ft2 of internal area and sits on a 84 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Ormiston Road, London, SE10 is located in the borough of Greenwich within the SE10 postal district.
55, Ormiston Road, London has a single entry in the Land Registry database from July 2017 and a single entry in the EPC database dated April 2017.
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 55 Ormiston Road London as £553,788 and the rental value as £2,661 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 55 Ormiston Road London has increased by £15,011 (2.7%) and its rental value has increased by £243 per month (9.1%).
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 55, Ormiston Road, London is in very good condition we estimate a sale value of £581,478 and rental value of £2,795 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £515,023 and a rental value of £2,475 per month.
If you were able to purchase this property for the estimated value of £553,788, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,722 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, 55, Ormiston Road, London sits on a plot of 84m2.
We have plot size data on 17 out of 20 other houses in the postcode and 55, Ormiston Road, London sits on the 11th largest plot.
According to HM Land Registry, 55, Ormiston Road, London was last sold on 11 Jul 2017 for £512,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2017, the market for similar properties has risen 9.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Ormiston Road, London within a radius of 410 metres over the last 2 years.
The most recent example is 16, Fearon Street, London, SE10 0RS, a Freehold house which sold for £500,000 in Nov 2021.
Read more about house prices in SE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ormiston Road, London, SE10 has a total of 56 addresses. According to our analysis of all the public data, 55, Ormiston Road, London is the 56th largest and the 56th most expensive property on the street.
When compared to the postcode district it is £9k less expensive than the average property in SE10.
55, Ormiston Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Apr 2017.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 55, Ormiston Road, London is Westcombe Park station which is 0 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 55, Ormiston Road, London, 30.3% of property is socially rented and 26.2% is privately owned outright.
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 55, Ormiston Road, London, 21.7% of residents are recorded as possessing school level qualifications and 49.4% 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 55, Ormiston Road, London, the average age was 34.4 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 55, Ormiston Road, London, 1.7% 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 55, Ormiston Road, London, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.