According to the public record, Flat 2, Heywood House 2, London is a modern leasehold apartment with 312 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Heywood House, Myers Lane, London, SE14.
Myers Lane, London, SE14 is located in the borough of Lewisham within the SE14 postal district.
Flat 2, Heywood House 2, London has 31 entries in the Land Registry database, most recently in August 2012 and a single entry in the EPC database dated October 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 Heywood House 2 London as £211,950 and the rental value as £1,296 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of Flat 2 Heywood House 2 London has increased by £7,450 (3.5%) and its rental value has increased by £92 per month (7.1%).
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, Heywood House 2, London is in very good condition we estimate a sale value of £222,547 and rental value of £1,360 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £197,113 and a rental value of £1,205 per month.
If you were able to purchase this property for the estimated value of £211,950, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,042 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, Heywood House 2, London was last sold on 29 Aug 2012 for £86,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Aug 2012, the market for similar properties has risen 75.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Heywood House 2, London within a radius of 420 metres over the last 2 years.
The most recent example is Flat 11, Carew Court 3, Samuel Close, London, SE14 5RP, a Leasehold flat which sold for £205,000 in Jun 2024.
Read more about house prices in SE14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Myers Lane, London, SE14 has a total of 280 addresses. According to our analysis of all the public data, Flat 2, Heywood House 2, London is the 267th largest and the 236th most expensive property on the street.
When compared to the postcode district it is £270k less expensive than the average property in SE14.
Flat 2, Heywood House 2, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Oct 2021.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 2, Heywood House 2, London is South Bermondsey 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, Heywood House 2, London, 71.0% of property is privately rented and 13.5% 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, Heywood House 2, London, 16.8% of residents are recorded as possessing school level qualifications and 44.4% 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, Heywood House 2, London, the average age was 33.3 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, Heywood House 2, London, 0.3% 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, Heywood House 2, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.