According to the public record, 2A, Cranston Road, London is a early-century leasehold apartment with 1,170 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 2, Cranston Road, London, SE23.
Cranston Road, London, SE23 is located in the borough of Lewisham within the SE23 postal district.
2A, Cranston Road, London has a single entry in the Land Registry database from November 2018 and a single entry in the EPC database dated August 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 2A Cranston Road London as £634,350 and the rental value as £2,492 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 2A Cranston Road London has increased by £15,199 (2.4%) and its rental value has increased by £148 per month (5.9%).
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 2A, Cranston Road, London is in very good condition we estimate a sale value of £666,067 and rental value of £2,616 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £589,945 and a rental value of £2,317 per month.
If you were able to purchase this property for the estimated value of £634,350, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,118 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, 2A, Cranston Road, London was last sold on 22 Nov 2018 for £460,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2018, the market for similar properties has risen 5.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2A, Cranston Road, London within a radius of 370 metres over the last 2 years.
The most recent example is Flat A, 40, St. German's Road, London, SE23 1RJ, a Leasehold flat which sold for £675,000 in Dec 2022.
Read more about house prices in SE23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cranston Road, London, SE23 has a total of 201 addresses. According to our analysis of all the public data, 2A, Cranston Road, London is the 84th largest and the 145th most expensive property on the street.
When compared to the postcode district it is £83k more expensive than the average property in SE23.
2A, Cranston Road, London has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 30 Aug 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 2A, Cranston Road, London is Forest Hill station which is 700 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 2A, Cranston Road, London, 40.3% of property is privately owned with a mortgage and 31.5% is privately owned outright.
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 2A, Cranston Road, London, 19.2% of residents are recorded as possessing school level qualifications and 57.2% 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 2A, Cranston Road, London, the average age was 36.3 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 2A, Cranston Road, London, 0.9% 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 2A, Cranston Road, 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.