According to the public record, Flat 15, Abel House, London is a mid-century leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Abel House, Plumstead Road, London, SE18.
Plumstead Road, London, SE18 is located in the borough of Greenwich within the SE18 postal district.
Flat 15, Abel House, London has 3 entries in the Land Registry database, most recently in October 2022 and a single entry in the EPC database dated February 2022.
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 Flat 15 Abel House London as £290,651 and the rental value as £1,625 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Flat 15 Abel House London has increased by £2,545 (0.9%) and its rental value has increased by £82 per month (5.0%).
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 15, Abel House, London is in very good condition we estimate a sale value of £305,184 and rental value of £1,707 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £270,306 and a rental value of £1,512 per month.
If you were able to purchase this property for the estimated value of £290,651, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,428 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 15, Abel House, London was last sold on 14 Oct 2022 for £302,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Oct 2022, the market for similar properties has dropped 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 15, Abel House, London within a radius of 370 metres over the last 2 years.
The most recent example is 64, Jessup Close, London, SE18 7HB, a Leasehold flat which sold for £325,000 in Jul 2022.
Read more about house prices in SE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Plumstead Road, London, SE18 has a total of 137 addresses. According to our analysis of all the public data, Flat 15, Abel House, London is the 58th largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £76k less expensive than the average property in SE18.
Flat 15, Abel House, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Feb 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 15, Abel House, London is Woolwich (Elizabeth line) 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 Flat 15, Abel House, London, 49.6% of property is socially rented and 27.6% 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 Flat 15, Abel House, London, 32.5% of residents are recorded as possessing school level qualifications and 39.1% 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 15, Abel House, London, the average age was 35.5 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 15, Abel House, 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 15, Abel House, 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.