According to the public record, 1A, Major Draper Street, London is a modern leasehold apartment with 794 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 1, Major Draper Street, London, SE18.
Major Draper Street, London, SE18 is located in the borough of Greenwich within the SE18 postal district.
1A, Major Draper Street, London has 2 entries in the Land Registry database, most recently in July 2020 and a single entry in the EPC database dated September 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 1A Major Draper Street London as £501,461 and the rental value as £1,939 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 1A Major Draper Street London has increased by £9,910 (2.0%) and its rental value has increased by £119 per month (6.2%).
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 1A, Major Draper Street, London is in very good condition we estimate a sale value of £526,534 and rental value of £2,036 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £466,359 and a rental value of £1,803 per month.
If you were able to purchase this property for the estimated value of £501,461, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,465 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, 1A, Major Draper Street, London was last sold on 31 Jul 2020 for £570,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2020, the market for similar properties has risen 4.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1A, Major Draper Street, London within a radius of 190 metres over the last 2 years.
The most recent example is 509 West Carriage House, Royal Carriage Mews, London, SE18 6GA, a Leasehold flat which sold for £500,000 in Jun 2024.
Read more about house prices in SE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Major Draper Street, London, SE18 has a total of 192 addresses. According to our analysis of all the public data, 1A, Major Draper Street, London is the 41st largest and the 48th most expensive property on the street.
When compared to the postcode district it is £135k more expensive than the average property in SE18.
1A, Major Draper Street, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Sep 2015.
The property is not connected to mains gas and has partial multiple glazing. It is heated using a community scheme.
The closest station to 1A, Major Draper Street, London is Woolwich station which is 100 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 1A, Major Draper Street, London, 71.3% of property is privately rented and 22.8% 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 1A, Major Draper Street, London, 8.7% of residents are recorded as possessing school level qualifications and 67.6% 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 1A, Major Draper Street, London, the average age was 34 and the most common age was 12.
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 1A, Major Draper Street, London, 2.4% 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 1A, Major Draper Street, 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.