According to the public record, Apartment 1, 6, Wellesley Road, London is a period leasehold apartment with 1,237 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in 6, Wellesley Road, London, SE18.
Wellesley Road, London, SE18 is located in the borough of Greenwich within the SE18 postal district.
Apartment 1, 6, Wellesley Road, London has a single entry in the Land Registry database from March 2016 and a single entry in the EPC database dated January 2016.
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 Apartment 1 6 Wellesley Road London as £618,621 and the rental value as £2,595 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Apartment 1 6 Wellesley Road London has increased by £14,301 (2.3%) and its rental value has increased by £171 per month (6.6%).
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 Apartment 1, 6, Wellesley Road, London is in very good condition we estimate a sale value of £649,552 and rental value of £2,724 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £575,317 and a rental value of £2,413 per month.
If you were able to purchase this property for the estimated value of £618,621, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,040 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, Apartment 1, 6, Wellesley Road, London was last sold on 14 Mar 2016 for £535,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2016, the market for similar properties has risen 13.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 1, 6, Wellesley Road, London within a radius of 510 metres over the last 2 years.
The most recent example is 10, Parade Ground Path, London, SE18 4BT, a Leasehold flat which sold for £600,000 in Oct 2021.
Read more about house prices in SE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wellesley Road, London, SE18 has a total of 20 addresses. According to our analysis of all the public data, Apartment 1, 6, Wellesley Road, London is the 13th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £252k more expensive than the average property in SE18.
Apartment 1, 6, Wellesley Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Jan 2016.
The property is not connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Apartment 1, 6, Wellesley Road, London is Woolwich Arsenal station which is 1.7 kilometres 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 Apartment 1, 6, Wellesley Road, London, 30.9% of property is socially rented and 30.9% 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 Apartment 1, 6, Wellesley Road, London, 25.5% of residents are recorded as possessing school level qualifications and 42.1% 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 Apartment 1, 6, Wellesley Road, London, the average age was 33.7 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 Apartment 1, 6, Wellesley Road, London, 0.5% 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 Apartment 1, 6, Wellesley Road, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.