According to the public record, 56, Ridgewell Close, London is a leasehold house.
By comparing it to neighbours, we estimate that it is a modern house with 581 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Ridgewell Close, London, SE26 is located in the borough of Lewisham within the SE26 postal district.
56, Ridgewell Close, London has 41 entries in the Land Registry database, most recently in May 2006 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 56 Ridgewell Close London as £405,219 and the rental value as £2,069 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 56 Ridgewell Close London has increased by £12,500 (3.1%) and its rental value has increased by £134 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 56, Ridgewell Close, London is in very good condition we estimate a sale value of £425,480 and rental value of £2,172 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £376,854 and a rental value of £1,924 per month.
If you were able to purchase this property for the estimated value of £405,219, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,992 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, 56, Ridgewell Close, London was last sold on 19 May 2006 for £219,500 and was recorded as a freehold house.
The property has had 4 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Ridgewell Close, London within a radius of 440 metres over the last 2 years.
The most recent example is 46, Kangley Bridge Road, London, SE26 5AQ, a Freehold house which sold for £427,000 in Aug 2022.
Read more about house prices in SE26.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ridgewell Close, London, SE26 has a total of 86 addresses. According to our analysis of all the public data, 56, Ridgewell Close, London is the 82nd largest and the 55th most expensive property on the street.
When compared to the postcode district it is £74k less expensive than the average property in SE26.
The closest station to 56, Ridgewell Close, London is Lower Sydenham station which is 300 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 56, Ridgewell Close, London, 41.8% of property is privately owned with a mortgage and 30.1% 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 56, Ridgewell Close, London, 23.2% of residents are recorded as possessing school level qualifications and 50.0% 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 56, Ridgewell Close, London, the average age was 35.2 and the most common age was 12.
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 56, Ridgewell Close, London, 0.8% 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 56, Ridgewell Close, London, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.