According to the public record, Flat 1A, 26, Hervey Road, London is a modern leasehold apartment with 925 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 26, Hervey Road, London, SE3.
Hervey Road, London, SE3 is located in the borough of Greenwich within the SE3 postal district.
Flat 1A, 26, Hervey Road, London has a single entry in the Land Registry database from November 2019 and a single entry in the EPC database dated September 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 1A 26 Hervey Road London as £471,702 and the rental value as £2,374 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 1A 26 Hervey Road London has increased by £8,056 (1.7%) and its rental value has increased by £163 per month (6.9%).
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 1A, 26, Hervey Road, London is in very good condition we estimate a sale value of £495,287 and rental value of £2,492 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £438,683 and a rental value of £2,207 per month.
If you were able to purchase this property for the estimated value of £471,702, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,318 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 1A, 26, Hervey Road, London was last sold on 08 Nov 2019 for £395,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2019, the market for similar properties has risen 4.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1A, 26, Hervey Road, London within a radius of 470 metres over the last 2 years.
The most recent example is Flat 2, 26, Hervey Road, London, SE3 8BS, a Leasehold flat which sold for £488,000 in Apr 2023.
Read more about house prices in SE3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hervey Road, London, SE3 has a total of 171 addresses. According to our analysis of all the public data, Flat 1A, 26, Hervey Road, London is the 57th largest and the 70th most expensive property on the street.
When compared to the postcode district it is £172k less expensive than the average property in SE3.
Flat 1A, 26, Hervey Road, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Sep 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, Systems with radiators, electric.
The closest station to Flat 1A, 26, Hervey Road, London is Kidbrooke station which is 1.2 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 1A, 26, Hervey Road, London, 41.4% of property is privately owned with a mortgage and 40.0% is privately owned outright.
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 1A, 26, Hervey Road, London, 19.3% of residents are recorded as possessing school level qualifications and 48.8% 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 1A, 26, Hervey Road, London, the average age was 38.4 and the most common age was 37.
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 1A, 26, Hervey Road, London, 1.1% 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 1A, 26, Hervey Road, London, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.