According to the public record, Flat 2, 89, Victoria Way, London is a period leasehold apartment with 818 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 89, Victoria Way, London, SE7.
Victoria Way, London, SE7 is located in the borough of Greenwich within the SE7 postal district.
Flat 2, 89, Victoria Way, London has a single entry in the Land Registry database from January 2022 and a single entry in the EPC database dated March 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 89 Victoria Way London as £402,560 and the rental value as £1,737 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Flat 2 89 Victoria Way London has increased by £11,455 (2.8%) and its rental value has increased by £99 per month (5.7%).
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, 89, Victoria Way, London is in very good condition we estimate a sale value of £422,688 and rental value of £1,824 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £374,381 and a rental value of £1,615 per month.
If you were able to purchase this property for the estimated value of £402,560, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,978 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, 89, Victoria Way, London was last sold on 07 Jan 2022 for £400,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2022, the market for similar properties has risen 1.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 89, Victoria Way, London within a radius of 350 metres over the last 2 years.
The most recent example is 130, Eastcombe Avenue, London, SE7 7LW, a Leasehold flat which sold for £392,500 in Nov 2023.
Read more about house prices in SE7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Victoria Way, London, SE7 has a total of 447 addresses. According to our analysis of all the public data, Flat 2, 89, Victoria Way, London is the 151st largest and the 145th most expensive property on the street.
When compared to the postcode district it is £48k less expensive than the average property in SE7.
Flat 2, 89, Victoria Way, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Mar 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, 89, Victoria Way, London is Charlton 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, 89, Victoria Way, London, 36.0% of property is privately rented and 26.1% 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, 89, Victoria Way, London, 18.5% of residents are recorded as possessing school level qualifications and 53.0% 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, 89, Victoria Way, London, the average age was 36.9 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, 89, Victoria Way, London, 1.1% 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, 89, Victoria Way, 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.