According to the public record, 7, Marine Drive, London is a mid-century house with 979 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Marine Drive, London, SE18 is located in the borough of Greenwich within the SE18 postal district.
7, Marine Drive, London has no records in the Land Registry database and a single entry in the EPC database dated February 2024.
We combine this information with public data 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 7 Marine Drive London as £359,715 and the rental value as £1,659 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 7 Marine Drive London has increased by £12,781 (3.6%) and its rental value has increased by £127 per month (7.6%).
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 7, Marine Drive, London is in very good condition we estimate a sale value of £377,700 and rental value of £1,742 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £334,535 and a rental value of £1,543 per month.
If you were able to purchase this property for the estimated value of £359,715, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,768 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Marine Drive, London within a radius of 330 metres over the last 2 years.
The most recent example is 13, Marine Drive, London, SE18 5SD, a Freehold house which sold for £327,000 in Aug 2021.
Read more about house prices in SE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marine Drive, London, SE18 has a total of 25 addresses. According to our analysis of all the public data, 7, Marine Drive, London is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £7k less expensive than the average property in SE18.
7, Marine Drive, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Feb 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 7, Marine Drive, London is Woolwich Dockyard station which is 200 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 7, Marine Drive, London, 80.3% of property is socially rented and 8.7% 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 7, Marine Drive, London, 20.7% of residents are recorded as possessing school level qualifications and 36.7% 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 7, Marine Drive, London, the average age was 34.7 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 7, Marine Drive, 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 7, Marine Drive, 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.