According to the public record, Basement Flat, 79, Devonshire Road, London is a period leasehold apartment with 672 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 79, Devonshire Road, London, SE23.
Devonshire Road, London, SE23 is located in the borough of Lewisham within the SE23 postal district.
Basement Flat, 79, Devonshire Road, London has a single entry in the Land Registry database from May 2017 and a single entry in the EPC database dated September 2014.
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 79 Devonshire Road London as £439,313 and the rental value as £1,767 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of Basement Flat 79 Devonshire Road London has increased by £10,747 (2.4%) and its rental value has increased by £105 per month (5.9%).
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, 79, Devonshire Road, London is in very good condition we estimate a sale value of £461,279 and rental value of £1,855 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £408,561 and a rental value of £1,643 per month.
If you were able to purchase this property for the estimated value of £439,313, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,159 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, 79, Devonshire Road, London was last sold on 06 May 2017 for £410,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2017, the market for similar properties has dropped 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Basement Flat, 79, Devonshire Road, London within a radius of 370 metres over the last 2 years.
The most recent example is Flat A, 75, Devonshire Road, London, SE23 3LX, a Leasehold flat which sold for £425,000 in Jul 2023.
Read more about house prices in SE23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Devonshire Road, London, SE23 has a total of 705 addresses. According to our analysis of all the public data, Basement Flat, 79, Devonshire Road, London is the 337th largest and the 320th most expensive property on the street.
When compared to the postcode district it is £112k less expensive than the average property in SE23.
Basement Flat, 79, Devonshire Road, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 Sep 2014.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to Basement Flat, 79, Devonshire Road, 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 Basement Flat, 79, Devonshire Road, London, 33.9% of property is privately owned with a mortgage and 24.6% 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, 79, Devonshire Road, London, 19.3% of residents are recorded as possessing school level qualifications and 64.0% 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, 79, Devonshire Road, London, the average age was 37.1 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, 79, Devonshire 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 Basement Flat, 79, Devonshire 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.