According to the public record, 40B, Queenswood Road, London is a period leasehold apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 40, Queenswood Road, London, SE23.
Queenswood Road, London, SE23 is located in the borough of Lewisham within the SE23 postal district.
40B, Queenswood Road, London has 2 entries in the Land Registry database, most recently in November 2020 and a single entry in the EPC database dated September 2012.
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 40B Queenswood Road London as £434,285 and the rental value as £1,807 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 40B Queenswood Road London has increased by £10,630 (2.4%) and its rental value has increased by £106 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 40B, Queenswood Road, London is in very good condition we estimate a sale value of £455,999 and rental value of £1,897 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £403,885 and a rental value of £1,680 per month.
If you were able to purchase this property for the estimated value of £434,285, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,134 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, 40B, Queenswood Road, London was last sold on 11 Nov 2020 for £430,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2020, the market for similar properties has risen 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40B, Queenswood Road, London within a radius of 410 metres over the last 2 years.
The most recent example is 69A, Queenswood Road, London, SE23 2QR, a Leasehold flat which sold for £425,000 in Dec 2023.
Read more about house prices in SE23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Queenswood Road, London, SE23 has a total of 129 addresses. According to our analysis of all the public data, 40B, Queenswood Road, London is the 92nd largest and the 101st most expensive property on the street.
When compared to the postcode district it is £117k less expensive than the average property in SE23.
40B, Queenswood Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Sep 2012.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 40B, Queenswood Road, London is Sydenham (London) 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 40B, Queenswood Road, London, 39.0% of property is privately owned with a mortgage and 26.2% 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 40B, Queenswood Road, London, 21.1% of residents are recorded as possessing school level qualifications and 56.7% 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 40B, Queenswood Road, London, the average age was 36.9 and the most common age was 37.
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 40B, Queenswood 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 40B, Queenswood 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.