According to the public record, Flat 162, Warehouse Court, London is a modern leasehold apartment with 409 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in Warehouse Court, Major Draper Street, London, SE18.
Major Draper Street, London, SE18 is located in the borough of Greenwich within the SE18 postal district.
Flat 162, Warehouse Court, London has 2 entries in the Land Registry database, most recently in January 2015 and a single entry in the EPC database dated July 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 162 Warehouse Court London as £307,644 and the rental value as £1,488 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 162 Warehouse Court London has increased by £3,220 (1.0%) and its rental value has increased by £77 per month (5.2%).
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 162, Warehouse Court, London is in very good condition we estimate a sale value of £323,026 and rental value of £1,562 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £286,109 and a rental value of £1,384 per month.
If you were able to purchase this property for the estimated value of £307,644, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,512 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 162, Warehouse Court, London was last sold on 16 Jan 2015 for £278,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2015, the market for similar properties has risen 27.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 162, Warehouse Court, London within a radius of 190 metres over the last 2 years.
The most recent example is Flat 290, Warehouse Court, Major Draper Street, London, SE18 6FF, a Leasehold flat which sold for £342,000 in Feb 2023.
Read more about house prices in SE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Major Draper Street, London, SE18 has a total of 192 addresses. According to our analysis of all the public data, Flat 162, Warehouse Court, London is the 181st largest and the 182nd most expensive property on the street.
When compared to the postcode district it is £59k less expensive than the average property in SE18.
Flat 162, Warehouse Court, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Jul 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 162, Warehouse Court, London is Woolwich station which is 100 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 162, Warehouse Court, London, 71.3% of property is privately rented and 22.8% 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 162, Warehouse Court, London, 8.7% of residents are recorded as possessing school level qualifications and 67.6% 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 162, Warehouse Court, London, the average age was 34 and the most common age was 12.
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 162, Warehouse Court, London, 2.4% 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 162, Warehouse Court, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.