According to the public record, 70, Milford Close, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 591 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Milford Close, London, SE2 is located in the borough of Bexley within the SE2 postal district.
70, Milford Close, London has a single entry in the Land Registry database from June 2008 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 70 Milford Close London as £241,909 and the rental value as £1,464 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 70 Milford Close London has increased by £2,699 (1.1%) and its rental value has increased by £83 per month (5.7%).
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 70, Milford Close, London is in very good condition we estimate a sale value of £254,005 and rental value of £1,537 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £224,976 and a rental value of £1,361 per month.
If you were able to purchase this property for the estimated value of £241,909, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,189 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, 70, Milford Close, London was last sold on 27 Jun 2008 for £137,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2008, the market for similar properties has risen 68.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 70, Milford Close, London within a radius of 550 metres over the last 2 years.
The most recent example is 50, Milford Close, London, SE2 0DT, a Leasehold flat which sold for £181,000 in Mar 2023.
Read more about house prices in SE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Milford Close, London, SE2 has a total of 84 addresses. According to our analysis of all the public data, 70, Milford Close, London is the 25th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £117k less expensive than the average property in SE2.
The closest station to 70, Milford Close, London is Abbey Wood station which is 1.5 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 70, Milford Close, London, 40.8% of property is privately owned outright and 32.3% 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 70, Milford Close, London, 19.7% of residents are recorded as possessing school level qualifications and 28.2% 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 70, Milford Close, London, the average age was 41.7 and the most common age was 52.
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 70, Milford Close, 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 70, Milford Close, London, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.