According to the public record, Flat 102, Searles Court 4, London is a modern leasehold apartment with 796 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Searles Court, Rolfe Terrace, London, SE18.
Rolfe Terrace, London, SE18 is located in the borough of Greenwich within the SE18 postal district.
Flat 102, Searles Court 4, London has a single entry in the Land Registry database from February 2020 and a single entry in the EPC database dated March 2019.
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 good condition, we estimate the current sale value for Flat 102 Searles Court 4 London as £422,496 and the rental value as £1,966 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 102 Searles Court 4 London has increased by £1,138 (0.3%) and its rental value has increased by £87 per month (4.4%).
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 Flat 102, Searles Court 4, London is in very good condition we estimate a sale value of £443,620 and rental value of £2,064 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £392,921 and a rental value of £1,828 per month.
If you were able to purchase this property for the estimated value of £422,496, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,076 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, Flat 102, Searles Court 4, London was last sold on 07 Feb 2020 for £447,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2020, the market for similar properties has risen 2.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 102, Searles Court 4, London within a radius of 320 metres over the last 2 years.
The most recent example is Flat 202, Tovell Court 1, Rolfe Terrace, London, SE18 6AJ, a Leasehold flat which sold for £435,000 in Nov 2023.
Read more about house prices in SE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rolfe Terrace, London, SE18 has a total of 119 addresses. According to our analysis of all the public data, Flat 102, Searles Court 4, London is the 60th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £56k more expensive than the average property in SE18.
Flat 102, Searles Court 4, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Mar 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Flat 102, Searles Court 4, London is Woolwich Arsenal station which is 500 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 Flat 102, Searles Court 4, London, 43.9% of property is privately owned with a mortgage and 42.4% 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 Flat 102, Searles Court 4, London, 13.1% of residents are recorded as possessing school level qualifications and 61.8% 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 102, Searles Court 4, London, the average age was 33.7 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 Flat 102, Searles Court 4, 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 Flat 102, Searles Court 4, 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.