According to the public record, 28B, Erlanger Road, London is a period leasehold apartment with 1,065 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 28, Erlanger Road, London, SE14.
Erlanger Road, London, SE14 is located in the borough of Lewisham within the SE14 postal district.
28B, Erlanger Road, London has 2 entries in the Land Registry database, most recently in June 2021 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 28B Erlanger Road London as £655,833 and the rental value as £2,694 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 28B Erlanger Road London has increased by £16,416 (2.5%) and its rental value has increased by £156 per month (5.8%).
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 28B, Erlanger Road, London is in very good condition we estimate a sale value of £688,625 and rental value of £2,829 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £609,925 and a rental value of £2,506 per month.
If you were able to purchase this property for the estimated value of £655,833, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,223 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, 28B, Erlanger Road, London was last sold on 18 Jun 2021 for £694,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2021, the market for similar properties has risen 3.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 28B, Erlanger Road, London within a radius of 360 metres over the last 2 years.
The most recent example is Flat 48, Fairlawn Mansions, New Cross Road, London, SE14 5PJ, a Leasehold flat which sold for £570,000 in Jan 2024.
Read more about house prices in SE14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Erlanger Road, London, SE14 has a total of 252 addresses. According to our analysis of all the public data, 28B, Erlanger Road, London is the 117th largest and the 125th most expensive property on the street.
When compared to the postcode district it is £174k more expensive than the average property in SE14.
28B, Erlanger Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Jan 2016.
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 28B, Erlanger Road, London is New Cross Gate station which is 600 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 28B, Erlanger Road, London, 42.6% of property is privately rented and 27.3% is privately owned with a mortgage.
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 28B, Erlanger Road, London, 15.6% of residents are recorded as possessing school level qualifications and 63.8% 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 28B, Erlanger Road, London, the average age was 36.3 and the most common age was 27.
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 28B, Erlanger Road, London, 0.3% 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 28B, Erlanger Road, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.