According to the public record, Flat 2, 48, Jerningham Road, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 679 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 48, Jerningham Road, London, SE14.
Jerningham Road, London, SE14 is located in the borough of Lewisham within the SE14 postal district.
Flat 2, 48, Jerningham Road, London has 41 entries in the Land Registry database, most recently in October 2022 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 48 Jerningham Road London as £473,459 and the rental value as £2,113 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of Flat 2 48 Jerningham Road London has increased by £10,837 (2.3%) and its rental value has increased by £118 per month (5.6%).
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, 48, Jerningham Road, London is in very good condition we estimate a sale value of £497,132 and rental value of £2,219 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £440,317 and a rental value of £1,965 per month.
If you were able to purchase this property for the estimated value of £473,459, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,327 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, 48, Jerningham Road, London was last sold on 07 Oct 2022 for £510,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Oct 2022, the market for similar properties has dropped 0.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 48, Jerningham Road, London within a radius of 420 metres over the last 2 years.
The most recent example is Flat A, 35, Ommaney Road, London, SE14 5NS, a Leasehold flat which sold for £610,000 in Mar 2023.
Read more about house prices in SE14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Jerningham Road, London, SE14 has a total of 347 addresses. According to our analysis of all the public data, Flat 2, 48, Jerningham Road, London is the 200th largest and the 245th most expensive property on the street.
When compared to the postcode district it is £8k less expensive than the average property in SE14.
The closest station to Flat 2, 48, Jerningham Road, London is New Cross Gate station which is 500 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, 48, Jerningham Road, London, 31.3% of property is privately rented and 24.4% is privately owned with a mortgage.
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, 48, Jerningham Road, London, 14.7% of residents are recorded as possessing school level qualifications and 65.2% 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, 48, Jerningham Road, London, the average age was 36.3 and the most common age was 27.
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, 48, Jerningham 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, 48, Jerningham 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.