According to the public record, First Floor Flat, 80, George Lane, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 655 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 80, George Lane, London, SE13.
George Lane, London, SE13 is located in the borough of Lewisham within the SE13 postal district.
First Floor Flat, 80, George Lane, London has 31 entries in the Land Registry database, most recently in March 2014 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 First Floor Flat 80 George Lane London as £397,679 and the rental value as £1,851 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of First Floor Flat 80 George Lane London has increased by £4,554 (1.1%) and its rental value has increased by £99 per month (5.4%).
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 First Floor Flat, 80, George Lane, London is in very good condition we estimate a sale value of £417,563 and rental value of £1,944 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £369,842 and a rental value of £1,722 per month.
If you were able to purchase this property for the estimated value of £397,679, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,954 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, First Floor Flat, 80, George Lane, London was last sold on 07 Mar 2014 for £265,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Mar 2014, the market for similar properties has risen 31.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to First Floor Flat, 80, George Lane, London within a radius of 370 metres over the last 2 years.
The most recent example is Upper Floor, 88, George Lane, London, SE13 6HL, a Leasehold flat which sold for £416,000 in Nov 2022.
Read more about house prices in SE13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
George Lane, London, SE13 has a total of 351 addresses. According to our analysis of all the public data, First Floor Flat, 80, George Lane, London is the 242nd largest and the 225th most expensive property on the street.
When compared to the postcode district it is £84k less expensive than the average property in SE13.
The closest station to First Floor Flat, 80, George Lane, London is Ladywell station which is 800 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 First Floor Flat, 80, George Lane, London, 33.6% of property is privately owned with a mortgage and 25.4% 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 First Floor Flat, 80, George Lane, London, 15.1% of residents are recorded as possessing school level qualifications and 51.0% 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 First Floor Flat, 80, George Lane, London, the average age was 36.4 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 First Floor Flat, 80, George Lane, London, 2.5% 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 First Floor Flat, 80, George Lane, 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.