According to the public record, Flat 1B, 26, Hervey Road, London is a modern leasehold apartment with 1,097 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 1B, 26, Hervey Road, London has 2 entries in the Land Registry database, most recently in December 2023 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 1B 26 Hervey Road London as £519,854 and the rental value as £2,494 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 1B 26 Hervey Road London has increased by £8,879 (1.7%) and its rental value has increased by £171 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 1B, 26, Hervey Road, London is in very good condition we estimate a sale value of £545,847 and rental value of £2,618 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £483,464 and a rental value of £2,319 per month.
If you were able to purchase this property for the estimated value of £519,854, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,555 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 1B, 26, Hervey Road, London was last sold on 01 Dec 2023 for £525,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2023, the market for similar properties has risen 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1B, 26, Hervey Road, London within a radius of 470 metres over the last 2 years.
The most recent example is Flat 6, 67, Kidbrooke Park Road, London, SE3 0EE, a Leasehold flat which sold for £510,000 in Aug 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 1B, 26, Hervey Road, London is the 49th largest and the 60th most expensive property on the street.
When compared to the postcode district it is £124k less expensive than the average property in SE3.
Flat 1B, 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 1B, 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 1B, 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 1B, 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 1B, 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 1B, 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 1B, 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.