According to the public record, Flat 19, Ospringe Court, London is a mid-century leasehold apartment with 836 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Ospringe Court, Alderwood Road, London, SE9.
Alderwood Road, London, SE9 is located in the borough of Greenwich within the SE9 postal district.
Flat 19, Ospringe Court, London has a single entry in the Land Registry database from May 2015 and a single entry in the EPC database dated February 2009.
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 19 Ospringe Court London as £258,491 and the rental value as £1,348 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 19 Ospringe Court London has increased by £3,672 (1.4%) and its rental value has increased by £77 per month (5.7%).
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 19, Ospringe Court, London is in very good condition we estimate a sale value of £271,415 and rental value of £1,415 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £240,396 and a rental value of £1,254 per month.
If you were able to purchase this property for the estimated value of £258,491, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,270 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 19, Ospringe Court, London was last sold on 01 May 2015 for £183,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2015, the market for similar properties has risen 28.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 19, Ospringe Court, London within a radius of 430 metres over the last 2 years.
The most recent example is 270, Bexley Road, London, SE9 2PJ, a Leasehold flat which sold for £242,950 in Oct 2022.
Read more about house prices in SE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alderwood Road, London, SE9 has a total of 197 addresses. According to our analysis of all the public data, Flat 19, Ospringe Court, London is the 47th largest and the 67th most expensive property on the street.
When compared to the postcode district it is £197k less expensive than the average property in SE9.
Flat 19, Ospringe Court, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Feb 2009.
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 19, Ospringe Court, London is Falconwood station which is 1.4 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 19, Ospringe Court, London, 67.9% of property is socially rented and 17.1% 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 19, Ospringe Court, London, 34.7% of residents are recorded as possessing school level qualifications and 26.8% 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 19, Ospringe Court, London, the average age was 35.7 and the most common age was 22.
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 19, Ospringe Court, 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 19, Ospringe Court, 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.