According to the public record, Flat 2, Birchmere Lodge 31, London is a modern leasehold apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in Birchmere Lodge, Sherwood Gardens, London, SE16.
Sherwood Gardens, London, SE16 is located in the borough of Southwark within the SE16 postal district.
Flat 2, Birchmere Lodge 31, London has 31 entries in the Land Registry database, most recently in August 2023 and a single entry in the EPC database dated March 2022.
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 Birchmere Lodge 31 London as £303,724 and the rental value as £1,731 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of Flat 2 Birchmere Lodge 31 London has increased by £3,613 (1.2%) and its rental value has increased by £81 per month (4.7%).
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, Birchmere Lodge 31, London is in very good condition we estimate a sale value of £318,910 and rental value of £1,818 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £282,463 and a rental value of £1,610 per month.
If you were able to purchase this property for the estimated value of £303,724, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,493 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, Birchmere Lodge 31, London was last sold on 16 Aug 2023 for £295,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Aug 2023, the market for similar properties has risen 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Birchmere Lodge 31, London within a radius of 340 metres over the last 2 years.
The most recent example is Flat 19, Archers Lodge 17, Culloden Close, London, SE16 3JH, a Leasehold flat which sold for £285,000 in Nov 2023.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sherwood Gardens, London, SE16 has a total of 85 addresses. According to our analysis of all the public data, Flat 2, Birchmere Lodge 31, London is the 83rd largest and the 83rd most expensive property on the street.
When compared to the postcode district it is £170k less expensive than the average property in SE16.
Flat 2, Birchmere Lodge 31, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Mar 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 2, Birchmere Lodge 31, London is South Bermondsey station which is 700 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, Birchmere Lodge 31, London, 31.2% of property is privately owned with a mortgage and 30.3% 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, Birchmere Lodge 31, London, 19.5% of residents are recorded as possessing school level qualifications and 54.6% 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, Birchmere Lodge 31, London, the average age was 34.9 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, Birchmere Lodge 31, London, 0.4% 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, Birchmere Lodge 31, 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.