According to the public record, Basement Flat, 59, Lewisham Hill, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a early-century apartment with 923 ft2 of internal area and a garden.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 59, Lewisham Hill, London, SE13.
Lewisham Hill, London, SE13 is located in the borough of Lewisham within the SE13 postal district.
Basement Flat, 59, Lewisham Hill, London has 31 entries in the Land Registry database, most recently in December 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 59 Lewisham Hill London as £451,827 and the rental value as £2,363 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Basement Flat 59 Lewisham Hill London has increased by £5,123 (1.1%) and its rental value has increased by £132 per month (5.6%).
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, 59, Lewisham Hill, London is in very good condition we estimate a sale value of £474,418 and rental value of £2,482 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £420,199 and a rental value of £2,198 per month.
If you were able to purchase this property for the estimated value of £451,827, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,221 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, 59, Lewisham Hill, London was last sold on 14 Dec 2021 for £695,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Dec 2021, the market for similar properties has risen 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Basement Flat, 59, Lewisham Hill, London within a radius of 390 metres over the last 2 years.
The most recent example is Flat 503, Hester House 72-78, Conington Road, London, SE13 7FL, a Leasehold flat which sold for £400,000 in Aug 2022.
Read more about house prices in SE13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lewisham Hill, London, SE13 has a total of 169 addresses. According to our analysis of all the public data, Basement Flat, 59, Lewisham Hill, London is the 24th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £30k less expensive than the average property in SE13.
The closest station to Basement Flat, 59, Lewisham Hill, London is Lewisham station which is 400 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, 59, Lewisham Hill, London, 36.2% of property is socially rented and 26.9% 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 Basement Flat, 59, Lewisham Hill, London, 19.9% of residents are recorded as possessing school level qualifications and 57.4% 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, 59, Lewisham Hill, London, the average age was 36.6 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, 59, Lewisham Hill, London, 0.4% 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, 59, Lewisham Hill, 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.