According to the public record, Flat 2, Forest Lodge, London is a early-century leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony and garden.
The apartment is in Forest Lodge, Dartmouth Road, London, SE23.
Dartmouth Road, London, SE23 is located in the borough of Lewisham within the SE23 postal district.
Flat 2, Forest Lodge, London has a single entry in the Land Registry database from June 2021 and a single entry in the EPC database dated March 2024.
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 Forest Lodge London as £400,804 and the rental value as £1,779 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of Flat 2 Forest Lodge London has increased by £8,368 (2.1%) and its rental value has increased by £97 per month (5.4%).
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, Forest Lodge, London is in very good condition we estimate a sale value of £420,844 and rental value of £1,868 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £372,747 and a rental value of £1,654 per month.
If you were able to purchase this property for the estimated value of £400,804, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,970 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, Forest Lodge, London was last sold on 04 Jun 2021 for £370,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2021, the market for similar properties has risen 4.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Forest Lodge, London within a radius of 380 metres over the last 2 years.
The most recent example is Flat 3, Glynwood Court, Dartmouth Road, London, SE23 3HU, a Leasehold flat which sold for £430,000 in Feb 2023.
Read more about house prices in SE23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Dartmouth Road, London, SE23 has a total of 257 addresses. According to our analysis of all the public data, Flat 2, Forest Lodge, London is the 164th largest and the 62nd most expensive property on the street.
When compared to the postcode district it is £151k less expensive than the average property in SE23.
Flat 2, Forest Lodge, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Mar 2024.
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, Forest Lodge, London is Forest Hill 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, Forest Lodge, London, 32.4% of property is privately owned with a mortgage and 26.2% 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, Forest Lodge, London, 20.4% of residents are recorded as possessing school level qualifications and 54.9% 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, Forest Lodge, London, the average age was 36.4 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, Forest Lodge, London, 1.4% 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, Forest Lodge, 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.