According to the public record, Flat 2, 175, Honor Oak Road, London is a period leasehold apartment with 398 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 175, Honor Oak Road, London, SE23.
Honor Oak Road, London, SE23 is located in the borough of Lewisham within the SE23 postal district.
Flat 2, 175, Honor Oak Road, London has 71 entries in the Land Registry database, most recently in October 2021 and a single entry in the EPC database dated February 2021.
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 2 175 Honor Oak Road London as £333,249 and the rental value as £1,373 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Flat 2 175 Honor Oak Road London has increased by £10,271 (3.1%) and its rental value has increased by £88 per month (6.4%).
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, 175, Honor Oak Road, London is in very good condition we estimate a sale value of £349,911 and rental value of £1,441 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £309,921 and a rental value of £1,277 per month.
If you were able to purchase this property for the estimated value of £333,249, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,638 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 2, 175, Honor Oak Road, London was last sold on 15 Oct 2021 for £290,000 and was recorded as a leasehold flat.
The property has had 7 sales since 1995.
Since Oct 2021, the market for similar properties has risen 4.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 175, Honor Oak Road, London within a radius of 420 metres over the last 2 years.
The most recent example is Flat 2, 20, Devonshire Road, London, SE23 3SR, a Leasehold flat which sold for £275,000 in Apr 2023.
Read more about house prices in SE23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Honor Oak Road, London, SE23 has a total of 288 addresses. According to our analysis of all the public data, Flat 2, 175, Honor Oak Road, London is the 280th largest and the 271st most expensive property on the street.
When compared to the postcode district it is £218k less expensive than the average property in SE23.
Flat 2, 175, Honor Oak Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Feb 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, 175, Honor Oak Road, London is Forest Hill station which is 400 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 2, 175, Honor Oak Road, London, 35.7% of property is privately owned with a mortgage and 23.2% 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 2, 175, Honor Oak Road, London, 20.0% of residents are recorded as possessing school level qualifications and 72.4% 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, 175, Honor Oak Road, London, the average age was 37.1 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, 175, Honor Oak 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, 175, Honor Oak Road, 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.