According to the public record, 2B, Tormount Road, London is a period apartment with 861 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 2, Tormount Road, London, SE18.
Tormount Road, London, SE18 is located in the borough of Greenwich within the SE18 postal district.
2B, Tormount Road, London has no records in the Land Registry database and a single entry in the EPC database dated March 2022.
We combine this information with public data 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 2B Tormount Road London as £398,764 and the rental value as £1,966 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 2B Tormount Road London has increased by £6,790 (1.7%) and its rental value has increased by £119 per month (6.1%).
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 2B, Tormount Road, London is in very good condition we estimate a sale value of £418,703 and rental value of £2,064 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £370,851 and a rental value of £1,828 per month.
If you were able to purchase this property for the estimated value of £398,764, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,960 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2B, Tormount Road, London within a radius of 420 metres over the last 2 years.
The most recent example is 45, Leghorn Road, London, SE18 1SZ, a Leasehold flat which sold for £350,000 in Sep 2018.
Read more about house prices in SE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tormount Road, London, SE18 has a total of 81 addresses. According to our analysis of all the public data, 2B, Tormount Road, London is the 48th largest and the 61st most expensive property on the street.
When compared to the postcode district it is £32k more expensive than the average property in SE18.
2B, Tormount Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Mar 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 2B, Tormount Road, London is Plumstead 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 2B, Tormount Road, London, 42.7% of property is privately owned with a mortgage and 24.5% 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 2B, Tormount Road, London, 13.9% of residents are recorded as possessing school level qualifications and 50.4% 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 2B, Tormount 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 2B, Tormount Road, London, 1.3% 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 2B, Tormount Road, London, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.