According to the public record, 97A, Woolwich New Road, London is a period leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Woolwich New Road, London, SE18 is located in the borough of Greenwich within the SE18 postal district.
97A, Woolwich New Road, London has a single entry in the Land Registry database from October 2008 and a single entry in the EPC database dated November 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 97A Woolwich New Road London as £222,251 and the rental value as £1,315 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 97A Woolwich New Road London has increased by £5,061 (2.3%) and its rental value has increased by £85 per month (6.5%).
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 97A, Woolwich New Road, London is in very good condition we estimate a sale value of £233,364 and rental value of £1,381 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £206,694 and a rental value of £1,223 per month.
If you were able to purchase this property for the estimated value of £222,251, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,092 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, 97A, Woolwich New Road, London was last sold on 24 Oct 2008 for £105,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2008, the market for similar properties has risen 85.0%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 97A, Woolwich New Road, London within a radius of 310 metres over the last 2 years.
The most recent example is Flat 14, Eardley Point, Wilmount Street, London, SE18 6RH, a Leasehold flat which sold for £96,500 in Nov 2011.
Read more about house prices in SE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 310 metres radius of 97A, Woolwich New Road, London over the last 2 years.
Most recently Flat 401, Axell House 41, Wellington Street, London, SE18 6YJ, a Leasehold flat let by London Property Management in Jul 2021.
Woolwich New Road, London, SE18 has a total of 96 addresses. According to our analysis of all the public data, 97A, Woolwich New Road, London is the 60th largest and the 72nd most expensive property on the street.
When compared to the postcode district it is £144k less expensive than the average property in SE18.
97A, Woolwich New Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Nov 2021.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 97A, Woolwich New Road, London is Woolwich Arsenal station which is 300 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 97A, Woolwich New Road, London, 45.5% of property is privately rented and 21.4% 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 97A, Woolwich New Road, London, 22.0% of residents are recorded as possessing school level qualifications and 43.1% 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 97A, Woolwich New Road, London, the average age was 33.5 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 97A, Woolwich New 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 97A, Woolwich New 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.