According to the public record, 23B , Wernbrook Street, London is a period leasehold apartment with 430 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 23, Wernbrook Street, London, SE18.
Wernbrook Street, London, SE18 is located in the borough of Greenwich within the SE18 postal district.
23B , Wernbrook Street, London has 31 entries in the Land Registry database, most recently in May 2016 and a single entry in the EPC database dated January 2024.
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 23B Wernbrook Street London as £246,432 and the rental value as £1,516 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 23B Wernbrook Street London has increased by £7,722 (3.1%) and its rental value has increased by £112 per month (7.4%).
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 23B , Wernbrook Street, London is in very good condition we estimate a sale value of £258,753 and rental value of £1,592 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £229,181 and a rental value of £1,410 per month.
If you were able to purchase this property for the estimated value of £246,432, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,211 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, 23B , Wernbrook Street, London was last sold on 20 May 2016 for £280,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2016, the market for similar properties has risen 11.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23B , Wernbrook Street, London within a radius of 390 metres over the last 2 years.
The most recent example is 75, Wernbrook Street, London, SE18 7RU, a Leasehold flat which sold for £252,500 in Jul 2023.
Read more about house prices in SE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wernbrook Street, London, SE18 has a total of 90 addresses. According to our analysis of all the public data, 23B , Wernbrook Street, London is the 90th largest and the 87th most expensive property on the street.
When compared to the postcode district it is £120k less expensive than the average property in SE18.
23B , Wernbrook Street, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Jan 2024.
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 23B , Wernbrook Street, London is Plumstead station which is 1.0 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 23B , Wernbrook Street, London, 34.6% of property is privately owned with a mortgage and 26.8% 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 23B , Wernbrook Street, London, 19.8% of residents are recorded as possessing school level qualifications and 46.6% 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 23B , Wernbrook Street, London, the average age was 35.5 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 23B , Wernbrook Street, 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 23B , Wernbrook Street, 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.