According to the public record, Flat 22, The Firs 1, London is a mid-century leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in The Firs, Congleton Grove, London, SE18.
Congleton Grove, London, SE18 is located in the borough of Greenwich within the SE18 postal district.
Flat 22, The Firs 1, London has 2 entries in the Land Registry database, most recently in June 2015 and a single entry in the EPC database dated April 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 22 The Firs 1 London as £187,064 and the rental value as £1,140 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of Flat 22 The Firs 1 London has increased by £5,761 (3.1%) and its rental value has increased by £84 per month (7.3%).
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, The Firs 1, London is in very good condition we estimate a sale value of £196,417 and rental value of £1,197 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £173,969 and a rental value of £1,061 per month.
If you were able to purchase this property for the estimated value of £187,064, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £919 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, The Firs 1, London was last sold on 19 Jun 2015 for £155,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2015, the market for similar properties has risen 20.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 22, The Firs 1, London within a radius of 350 metres over the last 2 years.
The most recent example is 58, The Oaks, London, SE18 7JS, a Leasehold flat which sold for £180,000 in Jul 2023.
Read more about house prices in SE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Congleton Grove, London, SE18 has a total of 161 addresses. According to our analysis of all the public data, Flat 22, The Firs 1, London is the 107th largest and the 87th most expensive property on the street.
When compared to the postcode district it is £179k less expensive than the average property in SE18.
Flat 22, The Firs 1, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Apr 2022.
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 22, The Firs 1, London is Woolwich Arsenal station which is 600 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, The Firs 1, London, 76.3% of property is socially rented and 16.3% 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 22, The Firs 1, London, 22.0% of residents are recorded as possessing school level qualifications and 39.1% 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, The Firs 1, London, the average age was 35.5 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 22, The Firs 1, London, 0.0% 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, The Firs 1, 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.