According to the public record, 28A, Tresco Road, London is a period leasehold apartment with 979 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in 28, Tresco Road, London, SE15.
Tresco Road, London, SE15 is located in the borough of Southwark within the SE15 postal district.
28A, Tresco Road, London has 41 entries in the Land Registry database, most recently in August 2014 and a single entry in the EPC database dated April 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 28A Tresco Road London as £555,886 and the rental value as £2,742 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 28A Tresco Road London has increased by £20,491 (3.7%) and its rental value has increased by £186 per month (6.8%).
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 28A, Tresco Road, London is in very good condition we estimate a sale value of £583,680 and rental value of £2,879 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £516,974 and a rental value of £2,550 per month.
If you were able to purchase this property for the estimated value of £555,886, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,732 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, 28A, Tresco Road, London was last sold on 26 Aug 2014 for £564,064 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Aug 2014, the market for similar properties has risen 21.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 28A, Tresco Road, London within a radius of 360 metres over the last 2 years.
The most recent example is 17B, Barforth Road, London, SE15 3PS, a Leasehold flat which sold for £528,000 in Jul 2023.
Read more about house prices in SE15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tresco Road, London, SE15 has a total of 72 addresses. According to our analysis of all the public data, 28A, Tresco Road, London is the 35th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £34k more expensive than the average property in SE15.
28A, Tresco Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Apr 2022.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 28A, Tresco Road, London is Nunhead 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 28A, Tresco Road, London, 46.9% of property is socially rented and 25.4% 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 28A, Tresco Road, London, 22.9% of residents are recorded as possessing school level qualifications and 51.8% 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 28A, Tresco Road, London, the average age was 37 and the most common age was 27.
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 28A, Tresco Road, 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 28A, Tresco Road, London, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.