According to the public record, Flat 2, Duncombe House 15, London is a modern leasehold apartment with 1,140 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Duncombe House, Victory Parade, London, SE18.
Victory Parade, London, SE18 is located in the borough of Greenwich within the SE18 postal district.
Flat 2, Duncombe House 15, London has 2 entries in the Land Registry database, most recently in May 2018 and a single entry in the EPC database dated May 2017.
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 Duncombe House 15 London as £587,429 and the rental value as £2,342 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of Flat 2 Duncombe House 15 London has increased by £4,724 (0.8%) and its rental value has increased by £116 per month (4.9%).
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, Duncombe House 15, London is in very good condition we estimate a sale value of £616,801 and rental value of £2,459 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £546,309 and a rental value of £2,178 per month.
If you were able to purchase this property for the estimated value of £587,429, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,887 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, Duncombe House 15, London was last sold on 25 May 2018 for £600,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2018, the market for similar properties has risen 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Duncombe House 15, London within a radius of 220 metres over the last 2 years.
The most recent example is 59, Naval House 6, Victory Parade, London, SE18 6FN, a Leasehold flat which sold for £650,000 in Jun 2024.
Read more about house prices in SE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Victory Parade, London, SE18 has a total of 468 addresses. According to our analysis of all the public data, Flat 2, Duncombe House 15, London is the 9th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £221k more expensive than the average property in SE18.
Flat 2, Duncombe House 15, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 May 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 2, Duncombe House 15, London is Woolwich (Elizabeth line) station which is 100 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, Duncombe House 15, London, 57.7% of property is privately rented and 18.8% 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, Duncombe House 15, London, 13.9% of residents are recorded as possessing school level qualifications and 71.2% 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, Duncombe House 15, London, the average age was 34 and the most common age was 12.
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, Duncombe House 15, London, 1.7% 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, Duncombe House 15, 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.