According to the public record, Flat 22, Building 49, London is a modern leasehold apartment with 1,087 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Building, Argyll Road, London, SE18.
Argyll Road, London, SE18 is located in the borough of Greenwich within the SE18 postal district.
Flat 22, Building 49, London has 2 entries in the Land Registry database, most recently in September 2023 and a single entry in the EPC database dated October 2015.
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 22 Building 49 London as £555,219 and the rental value as £2,260 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Flat 22 Building 49 London has increased by £3,555 (0.6%) and its rental value has increased by £108 per month (4.8%).
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 22, Building 49, London is in very good condition we estimate a sale value of £582,980 and rental value of £2,373 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £516,354 and a rental value of £2,102 per month.
If you were able to purchase this property for the estimated value of £555,219, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,729 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 22, Building 49, London was last sold on 15 Sep 2023 for £450,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 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 22, Building 49, London within a radius of 340 metres over the last 2 years.
The most recent example is Apartment 1, Building 50, Argyll Road, London, SE18 6PG, a Leasehold flat which sold for £410,000 in Feb 2024.
Read more about house prices in SE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Argyll Road, London, SE18 has a total of 374 addresses. According to our analysis of all the public data, Flat 22, Building 49, London is the 57th largest and the 51st most expensive property on the street.
When compared to the postcode district it is £189k more expensive than the average property in SE18.
Flat 22, Building 49, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Oct 2015.
The property is not connected to mains gas and has single glazed windows. It is heated using a community scheme.
The closest station to Flat 22, Building 49, London is Woolwich 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 22, Building 49, London, 56.1% of property is privately rented and 32.5% 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 22, Building 49, London, 5.8% of residents are recorded as possessing school level qualifications and 73.7% 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 22, Building 49, 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 22, Building 49, London, 2.1% 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 22, Building 49, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.