According to the public record, 469C , New Cross Road, London is a period leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 469, New Cross Road, London, SE14.
New Cross Road, London, SE14 is located in the borough of Lewisham within the SE14 postal district.
469C , New Cross Road, London has 3 entries in the Land Registry database, most recently in March 2022 and a single entry in the EPC database dated October 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 469C New Cross Road London as £381,685 and the rental value as £1,773 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 469C New Cross Road London has increased by £7,157 (1.9%) and its rental value has increased by £104 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 469C , New Cross Road, London is in very good condition we estimate a sale value of £400,770 and rental value of £1,862 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £354,967 and a rental value of £1,649 per month.
If you were able to purchase this property for the estimated value of £381,685, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,876 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, 469C , New Cross Road, London was last sold on 14 Mar 2022 for £355,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Mar 2022, the market for similar properties has dropped 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 469C , New Cross Road, London within a radius of 310 metres over the last 2 years.
The most recent example is Flat 11, 390, New Cross Road, London, SE14 6TY, a Leasehold flat which sold for £347,000 in Feb 2022.
Read more about house prices in SE14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Cross Road, London, SE14 has a total of 1093 addresses. According to our analysis of all the public data, 469C , New Cross Road, London is the 613th largest and the 436th most expensive property on the street.
When compared to the postcode district it is £100k less expensive than the average property in SE14.
469C , New Cross Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Oct 2013.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 469C , New Cross Road, London is New Cross station which is 200 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 469C , New Cross Road, London, 59.4% of property is privately rented and 18.3% 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 469C , New Cross Road, London, 21.0% of residents are recorded as possessing school level qualifications and 64.2% 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 469C , New Cross Road, London, the average age was 34.7 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 469C , New Cross Road, 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 469C , New Cross Road, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.