According to the public record, 62A, Griffin Road, London is a period leasehold apartment with 473 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 62, Griffin Road, London, SE18.
Griffin Road, London, SE18 is located in the borough of Greenwich within the SE18 postal district.
62A, Griffin Road, London has 21 entries in the Land Registry database, most recently in March 2022 and a single entry in the EPC database dated January 2021.
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 62A Griffin Road London as £246,957 and the rental value as £1,535 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 62A Griffin Road London has increased by £6,936 (2.8%) and its rental value has increased by £109 per month (7.1%).
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 62A, Griffin Road, London is in very good condition we estimate a sale value of £259,305 and rental value of £1,612 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £229,670 and a rental value of £1,427 per month.
If you were able to purchase this property for the estimated value of £246,957, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,214 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, 62A, Griffin Road, London was last sold on 18 Mar 2022 for £225,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2022, the market for similar properties has risen 3.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62A, Griffin Road, London within a radius of 320 metres over the last 2 years.
The most recent example is Flat 2, Lord Derby House 2B , Griffin Road, London, SE18 7QF, a Leasehold flat which sold for £270,000 in May 2022.
Read more about house prices in SE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Griffin Road, London, SE18 has a total of 222 addresses. According to our analysis of all the public data, 62A, Griffin Road, London is the 217th largest and the 218th most expensive property on the street.
When compared to the postcode district it is £119k less expensive than the average property in SE18.
62A, Griffin Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Jan 2021.
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 62A, Griffin Road, London is Plumstead station which is 200 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 62A, Griffin Road, London, 60.2% of property is socially rented and 22.1% 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 62A, Griffin Road, London, 19.7% of residents are recorded as possessing school level qualifications and 35.9% 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 62A, Griffin Road, London, the average age was 35.2 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 62A, Griffin Road, London, 0.0% 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 62A, Griffin Road, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.