According to the public record, Flat 2, 55, George Lane, London is a period apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 55, George Lane, London, SE13.
George Lane, London, SE13 is located in the borough of Lewisham within the SE13 postal district.
Flat 2, 55, George Lane, London has no records in the Land Registry database and a single entry in the EPC database dated June 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 55 George Lane London as £308,520 and the rental value as £1,608 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 2 55 George Lane London has increased by £6,650 (2.2%) and its rental value has increased by £103 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, 55, George Lane, London is in very good condition we estimate a sale value of £323,946 and rental value of £1,689 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £286,923 and a rental value of £1,496 per month.
If you were able to purchase this property for the estimated value of £308,520, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,516 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, 55, George Lane, London within a radius of 360 metres over the last 2 years.
The most recent example is Flat 2, Ray Court 45, George Lane, London, SE13 6HQ, a Leasehold flat which sold for £300,000 in Mar 2023.
Read more about house prices in SE13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
George Lane, London, SE13 has a total of 351 addresses. According to our analysis of all the public data, Flat 2, 55, George Lane, London is the 305th largest and the 323rd most expensive property on the street.
When compared to the postcode district it is £174k less expensive than the average property in SE13.
Flat 2, 55, George Lane, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Jun 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, 55, George Lane, London is Ladywell 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, 55, George Lane, London, 33.8% of property is privately rented and 28.7% 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, 55, George Lane, London, 19.0% of residents are recorded as possessing school level qualifications and 47.2% 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, 55, George Lane, London, the average age was 35.7 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, 55, George Lane, London, 0.9% 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, 55, George Lane, 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.