According to the public record, Flat 2, 418, Lee High Road, London is a modern leasehold apartment with 1,140 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 418, Lee High Road, London, SE12.
Lee High Road, London, SE12 is located in the borough of Lewisham within the SE12 postal district.
Flat 2, 418, Lee High Road, London has 31 entries in the Land Registry database, most recently in November 2013 and a single entry in the EPC database dated August 2023.
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 2 418 Lee High Road London as £486,175 and the rental value as £2,003 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Flat 2 418 Lee High Road London has increased by £9,813 (2.0%) and its rental value has increased by £125 per month (6.2%).
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, 418, Lee High Road, London is in very good condition we estimate a sale value of £510,483 and rental value of £2,103 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £452,142 and a rental value of £1,862 per month.
If you were able to purchase this property for the estimated value of £486,175, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,389 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, 418, Lee High Road, London was last sold on 15 Nov 2013 for £335,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Nov 2013, the market for similar properties has risen 36.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 418, Lee High Road, London within a radius of 410 metres over the last 2 years.
The most recent example is Flat C, 131, Lee Road, London, SE3 9DS, a Leasehold flat which sold for £350,000 in Apr 2023.
Read more about house prices in SE12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lee High Road, London, SE12 has a total of 192 addresses. According to our analysis of all the public data, Flat 2, 418, Lee High Road, London is the 32nd largest and the 37th most expensive property on the street.
When compared to the postcode district it is £17k more expensive than the average property in SE12.
Flat 2, 418, Lee High Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Aug 2023.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 2, 418, Lee High Road, London is Lee (London) station which is 800 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, 418, Lee High Road, London, 36.0% of property is privately rented and 26.4% is socially 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, 418, Lee High Road, London, 24.6% of residents are recorded as possessing school level qualifications and 49.6% 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, 418, Lee High Road, London, the average age was 37.2 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, 418, Lee High 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, 418, Lee High 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.