According to the public record, Basement Flat, 32, Morley Road, London is a period leasehold apartment with 568 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 32, Morley Road, London, SE13.
Morley Road, London, SE13 is located in the borough of Lewisham within the SE13 postal district.
Basement Flat, 32, Morley Road, London has 51 entries in the Land Registry database, most recently in March 2021 and a single entry in the EPC database dated October 2008.
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 Basement Flat 32 Morley Road London as £337,448 and the rental value as £1,768 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Basement Flat 32 Morley Road London has increased by £9,458 (2.8%) and its rental value has increased by £125 per month (7.1%).
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 Basement Flat, 32, Morley Road, London is in very good condition we estimate a sale value of £354,321 and rental value of £1,856 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £313,827 and a rental value of £1,644 per month.
If you were able to purchase this property for the estimated value of £337,448, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,658 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, Basement Flat, 32, Morley Road, London was last sold on 09 Mar 2021 for £340,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Mar 2021, the market for similar properties has risen 5.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Basement Flat, 32, Morley Road, London within a radius of 350 metres over the last 2 years.
The most recent example is 27B , Slaithwaite Road, London, SE13 6DJ, a Leasehold flat which sold for £352,500 in Mar 2024.
Read more about house prices in SE13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morley Road, London, SE13 has a total of 111 addresses. According to our analysis of all the public data, Basement Flat, 32, Morley Road, London is the 87th largest and the 72nd most expensive property on the street.
When compared to the postcode district it is £145k less expensive than the average property in SE13.
Basement Flat, 32, Morley Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Oct 2008.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Basement Flat, 32, Morley Road, London is Ladywell station which is 700 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 Basement Flat, 32, Morley Road, London, 46.2% of property is privately rented and 22.8% is socially 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 Basement Flat, 32, Morley Road, London, 18.8% of residents are recorded as possessing school level qualifications and 52.2% 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 Basement Flat, 32, Morley Road, London, the average age was 37.2 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 Basement Flat, 32, Morley Road, London, 1.6% 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 Basement Flat, 32, Morley 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.