According to the public record, 59, Grayston House 1, London is a modern leasehold apartment with 430 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in Grayston House, Ottley Drive, London, SE3.
Ottley Drive, London, SE3 is located in the borough of Greenwich within the SE3 postal district.
59, Grayston House 1, London has a single entry in the Land Registry database from March 2016 and a single entry in the EPC database dated August 2015.
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 59 Grayston House 1 London as £303,321 and the rental value as £1,629 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 59 Grayston House 1 London has increased by £4,152 (1.4%) and its rental value has increased by £106 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 59, Grayston House 1, London is in very good condition we estimate a sale value of £318,487 and rental value of £1,710 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £282,089 and a rental value of £1,515 per month.
If you were able to purchase this property for the estimated value of £303,321, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,491 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, 59, Grayston House 1, London was last sold on 23 Mar 2016 for £249,375 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2016, the market for similar properties has risen 3.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 59, Grayston House 1, London within a radius of 480 metres over the last 2 years.
The most recent example is 68, Grayston House 1, Ottley Drive, London, SE3 9FP, a Leasehold flat which sold for £285,000 in Jun 2021.
Read more about house prices in SE3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 480 metres radius of 59, Grayston House 1, London over the last 2 years.
Most recently 12, Ottley Drive, London, SE3 9FT, a Leasehold flat let by London Property Management in Sep 2021.
Ottley Drive, London, SE3 has a total of 255 addresses. According to our analysis of all the public data, 59, Grayston House 1, London is the 232nd largest and the 127th most expensive property on the street.
When compared to the postcode district it is £340k less expensive than the average property in SE3.
59, Grayston House 1, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Aug 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to 59, Grayston House 1, London is Kidbrooke station which is 600 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 59, Grayston House 1, London, 39.8% of property is privately rented and 25.3% 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 59, Grayston House 1, London, 20.9% of residents are recorded as possessing school level qualifications and 40.0% 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 59, Grayston House 1, London, the average age was 37.2 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 59, Grayston House 1, London, 0.0% 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 59, Grayston House 1, London, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.