According to the public record, Flat 2, 120, Herbert Road, London is a period apartment with 947 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 120, Herbert Road, London, SE18.
Herbert Road, London, SE18 is located in the borough of Greenwich within the SE18 postal district.
Flat 2, 120, Herbert Road, London has no records in the Land Registry database and a single entry in the EPC database dated December 2021.
We combine this information with public data 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 2 120 Herbert Road London as £381,871 and the rental value as £1,886 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 2 120 Herbert Road London has increased by £11,711 (3.1%) and its rental value has increased by £138 per month (7.3%).
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 2, 120, Herbert Road, London is in very good condition we estimate a sale value of £400,964 and rental value of £1,981 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £355,140 and a rental value of £1,754 per month.
If you were able to purchase this property for the estimated value of £381,871, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,877 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 120, Herbert Road, London within a radius of 350 metres over the last 2 years.
The most recent example is 141, Herbert Road, London, SE18 3QE, a Leasehold flat which sold for £280,000 in Jul 2022.
Read more about house prices in SE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Herbert Road, London, SE18 has a total of 371 addresses. According to our analysis of all the public data, Flat 2, 120, Herbert Road, London is the 103rd largest and the 74th most expensive property on the street.
When compared to the postcode district it is £16k more expensive than the average property in SE18.
Flat 2, 120, Herbert Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Dec 2021.
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 2, 120, Herbert Road, London is Woolwich Arsenal station which is 1.3 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 2, 120, Herbert Road, London, 40.9% of property is socially rented and 31.5% 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 2, 120, Herbert Road, London, 17.9% of residents are recorded as possessing school level qualifications and 50.8% 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 2, 120, Herbert Road, London, the average age was 33.7 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 2, 120, Herbert Road, 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 2, 120, Herbert Road, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.