According to the public record, 8, Ottley Drive, London is a modern leasehold house with 1,259 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Ottley Drive, London, SE3 is located in the borough of Greenwich within the SE3 postal district.
8, Ottley Drive, London has a single entry in the Land Registry database from December 2015 and a single entry in the EPC database dated October 2021.
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 8 Ottley Drive London as £749,664 and the rental value as £3,317 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 8 Ottley Drive London has increased by £10,941 (1.5%) and its rental value has increased by £219 per month (6.6%).
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 8, Ottley Drive, London is in very good condition we estimate a sale value of £787,147 and rental value of £3,482 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £697,187 and a rental value of £3,084 per month.
If you were able to purchase this property for the estimated value of £749,664, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,684 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, 8, Ottley Drive, London was last sold on 15 Dec 2015 for £735,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Dec 2015, the market for similar properties has risen 12.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Ottley Drive, London within a radius of 470 metres over the last 2 years.
The most recent example is 18, Ottley Drive, London, SE3 9FT, a Freehold house which sold for £780,000 in Sep 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 470 metres radius of 8, Ottley Drive, 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, 8, Ottley Drive, London is the 19th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £106k more expensive than the average property in SE3.
8, Ottley Drive, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Oct 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to 8, Ottley Drive, London is Kidbrooke station which is 500 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 8, Ottley Drive, 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 8, Ottley Drive, 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 8, Ottley Drive, 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 8, Ottley 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 8, Ottley Drive, 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.