According to the public record, Flat 1, Abbey House, London is a mid-century apartment with 742 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Abbey House, New Road, London, SE2.
New Road, London, SE2 is located in the borough of Bexley within the SE2 postal district.
Flat 1, Abbey House, London has no records in the Land Registry database and a single entry in the EPC database dated October 2020.
We combine this information with public data 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 Flat 1 Abbey House London as £292,111 and the rental value as £1,813 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of Flat 1 Abbey House London has increased by £4,742 (1.6%) and its rental value has increased by £109 per month (6.0%).
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 Flat 1, Abbey House, London is in very good condition we estimate a sale value of £306,717 and rental value of £1,903 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £271,664 and a rental value of £1,686 per month.
If you were able to purchase this property for the estimated value of £292,111, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,436 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Abbey House, London within a radius of 720 metres over the last 2 years.
The most recent example is Flat 3, Lister House, Hurst Lane, London, SE2 0QD, a Leasehold flat which sold for £326,000 in Nov 2023.
Read more about house prices in SE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Road, London, SE2 has a total of 89 addresses. According to our analysis of all the public data, Flat 1, Abbey House, London is the 74th largest and the 75th most expensive property on the street.
When compared to the postcode district it is £67k less expensive than the average property in SE2.
Flat 1, Abbey House, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Oct 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 1, Abbey House, London is Abbey Wood station which is 1.1 kilometres 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 Flat 1, Abbey House, London, 27.8% of property is socially rented and 26.1% is privately owned with a mortgage.
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 Flat 1, Abbey House, London, 23.8% of residents are recorded as possessing school level qualifications and 43.6% 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 Flat 1, Abbey House, London, the average age was 41.7 and the most common age was 52.
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 Flat 1, Abbey House, London, 0.2% 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 Flat 1, Abbey House, London, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.