According to the public record, 7B, Church Rise, London is a period leasehold apartment with 1,539 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 7, Church Rise, London, SE23.
Church Rise, London, SE23 is located in the borough of Lewisham within the SE23 postal district.
7B, Church Rise, London has a single entry in the Land Registry database from April 2022 and a single entry in the EPC database dated February 2013.
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 7B Church Rise London as £719,397 and the rental value as £2,931 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 7B Church Rise London has increased by £20,318 (2.8%) and its rental value has increased by £187 per month (6.4%).
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 7B, Church Rise, London is in very good condition we estimate a sale value of £755,367 and rental value of £3,077 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £669,039 and a rental value of £2,726 per month.
If you were able to purchase this property for the estimated value of £719,397, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,536 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, 7B, Church Rise, London was last sold on 22 Apr 2022 for £385,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2022, the market for similar properties has dropped 0.2%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 7B, Church Rise, London within a radius of 370 metres over the last 2 years.
The most recent example is 9A, Church Rise, London, SE23 2UD, a Leasehold flat which sold for £713,040 in Feb 2024.
Read more about house prices in SE23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Church Rise, London, SE23 has a total of 171 addresses. According to our analysis of all the public data, 7B, Church Rise, London is the 11th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £168k more expensive than the average property in SE23.
7B, Church Rise, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Feb 2013.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 7B, Church Rise, London is Forest Hill station which is 300 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 7B, Church Rise, London, 33.1% of property is privately owned with a mortgage and 31.2% 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 7B, Church Rise, London, 19.7% of residents are recorded as possessing school level qualifications and 59.7% 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 7B, Church Rise, London, the average age was 36.3 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 7B, Church Rise, 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 7B, Church Rise, 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.