According to the public record, 98, Sowerby Close, London is a mid-century leasehold apartment with 513 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Sowerby Close, London, SE9 is located in the borough of Greenwich within the SE9 postal district.
98, Sowerby Close, London has 2 entries in the Land Registry database, most recently in July 2012 and a single entry in the EPC database dated March 2009.
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 98 Sowerby Close London as £167,446 and the rental value as £935 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 98 Sowerby Close London has increased by £1,453 (0.9%) and its rental value has increased by £51 per month (5.4%).
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 98, Sowerby Close, London is in very good condition we estimate a sale value of £175,819 and rental value of £982 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £155,725 and a rental value of £870 per month.
If you were able to purchase this property for the estimated value of £167,446, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £823 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, 98, Sowerby Close, London was last sold on 02 Jul 2012 for £99,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2012, the market for similar properties has risen 73.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 98, Sowerby Close, London within a radius of 530 metres over the last 2 years.
The most recent example is Flat 28, 15, Sherard Road, London, SE9 6EX, a Leasehold flat which sold for £170,000 in Aug 2019.
Read more about house prices in SE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sowerby Close, London, SE9 has a total of 110 addresses. According to our analysis of all the public data, 98, Sowerby Close, London is the 108th largest and the 108th most expensive property on the street.
When compared to the postcode district it is £288k less expensive than the average property in SE9.
98, Sowerby Close, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Mar 2009.
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 98, Sowerby Close, London is Eltham 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 98, Sowerby Close, London, 66.2% of property is socially rented and 21.5% 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 98, Sowerby Close, London, 8.3% of residents are recorded as possessing school level qualifications and 29.7% 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 98, Sowerby Close, London, the average age was 41.3 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 98, Sowerby Close, London, 2.0% 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 98, Sowerby Close, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.