According to the public record, 21A, Wood Vale, London is a period leasehold apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 21, Wood Vale, London, SE23.
Wood Vale, London, SE23 is located in the borough of Southwark within the SE23 postal district.
21A, Wood Vale, London has 41 entries in the Land Registry database, most recently in October 2017 and a single entry in the EPC database dated October 2022.
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 21A Wood Vale London as £461,393 and the rental value as £1,880 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 21A Wood Vale London has increased by £10,497 (2.3%) and its rental value has increased by £100 per month (5.3%).
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 21A, Wood Vale, London is in very good condition we estimate a sale value of £484,463 and rental value of £1,974 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £429,096 and a rental value of £1,748 per month.
If you were able to purchase this property for the estimated value of £461,393, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,268 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, 21A, Wood Vale, London was last sold on 20 Oct 2017 for £530,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Oct 2017, the market for similar properties has risen 3.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 21A, Wood Vale, London within a radius of 470 metres over the last 2 years.
The most recent example is Flat 1A, 14-16 , Underhill Road, London, SE22 0AH, a Leasehold flat which sold for £420,000 in Nov 2022.
Read more about house prices in SE23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wood Vale, London, SE23 has a total of 429 addresses. According to our analysis of all the public data, 21A, Wood Vale, London is the 311th largest and the 139th most expensive property on the street.
When compared to the postcode district it is £90k less expensive than the average property in SE23.
21A, Wood Vale, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Oct 2022.
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 21A, Wood Vale, London is Forest Hill station which is 900 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 21A, Wood Vale, London, 31.6% of property is privately rented and 29.0% 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 21A, Wood Vale, London, 19.7% of residents are recorded as possessing school level qualifications and 55.4% 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 21A, Wood Vale, London, the average age was 36.7 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 21A, Wood Vale, London, 0.3% 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 21A, Wood Vale, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.