According to the public record, Flat 2, 393, New Cross Road, London is a period apartment with 333 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 393, New Cross Road, London, SE14.
New Cross Road, London, SE14 is located in the borough of Lewisham within the SE14 postal district.
Flat 2, 393, New Cross Road, London has no records in the Land Registry database and a single entry in the EPC database dated March 2015.
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 2 393 New Cross Road London as £206,200 and the rental value as £1,260 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of Flat 2 393 New Cross Road London has increased by £5,337 (2.6%) and its rental value has increased by £83 per month (6.6%).
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, 393, New Cross Road, London is in very good condition we estimate a sale value of £216,510 and rental value of £1,324 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £191,766 and a rental value of £1,172 per month.
If you were able to purchase this property for the estimated value of £206,200, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,013 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, 393, New Cross Road, London within a radius of 350 metres over the last 2 years.
The most recent example is 109, Glenville Grove, London, SE8 4BJ, a Leasehold flat which sold for £200,000 in May 2024.
Read more about house prices in SE14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Cross Road, London, SE14 has a total of 1093 addresses. According to our analysis of all the public data, Flat 2, 393, New Cross Road, London is the 1034th largest and the 1031st most expensive property on the street.
When compared to the postcode district it is £275k less expensive than the average property in SE14.
Flat 2, 393, New Cross Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Mar 2015.
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, 393, New Cross Road, London is New Cross station which is 0 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, 393, New Cross Road, London, 42.3% of property is socially rented and 36.2% 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, 393, New Cross Road, London, 35.4% of residents are recorded as possessing school level qualifications and 37.8% 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, 393, New Cross Road, London, the average age was 34.7 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, 393, New Cross Road, London, 0.7% 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, 393, New Cross Road, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.