According to the public record, Flat 222, Sienna Alto 2, London is a modern leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Sienna Alto, Cornmill Lane, London, SE13.
Cornmill Lane, London, SE13 is located in the borough of Lewisham within the SE13 postal district.
Flat 222, Sienna Alto 2, London has a single entry in the Land Registry database from August 2013 and a single entry in the EPC database dated January 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 222 Sienna Alto 2 London as £442,594 and the rental value as £2,113 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of Flat 222 Sienna Alto 2 London has increased by £2,021 (0.5%) and its rental value has increased by £97 per month (4.6%).
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 222, Sienna Alto 2, London is in very good condition we estimate a sale value of £464,724 and rental value of £2,218 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £411,612 and a rental value of £1,965 per month.
If you were able to purchase this property for the estimated value of £442,594, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,175 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 222, Sienna Alto 2, London was last sold on 23 Aug 2013 for £348,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2013, the market for similar properties has risen 43.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 222, Sienna Alto 2, London within a radius of 180 metres over the last 2 years.
The most recent example is Flat 9, Sienna Alto 2, Cornmill Lane, London, SE13 7FY, a Leasehold flat which sold for £425,000 in May 2024.
Read more about house prices in SE13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cornmill Lane, London, SE13 has a total of 229 addresses. According to our analysis of all the public data, Flat 222, Sienna Alto 2, London is the 22nd largest and the 17th most expensive property on the street.
When compared to the postcode district it is £40k less expensive than the average property in SE13.
Flat 222, Sienna Alto 2, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Jan 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 222, Sienna Alto 2, London is Lewisham 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 222, Sienna Alto 2, London, 45.5% of property is privately rented and 36.6% 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 222, Sienna Alto 2, London, 20.8% of residents are recorded as possessing school level qualifications and 43.2% 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 222, Sienna Alto 2, London, the average age was 37.2 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 222, Sienna Alto 2, London, 0.7% 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 222, Sienna Alto 2, 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.