According to the public record, Flat 27, Rixon House, London is a mid-century leasehold apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Rixon House, Barnfield Road, London, SE18.
Barnfield Road, London, SE18 is located in the borough of Greenwich within the SE18 postal district.
Flat 27, Rixon House, London has 3 entries in the Land Registry database, most recently in October 2023 and a single entry in the EPC database dated February 2016.
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 27 Rixon House London as £205,632 and the rental value as £1,132 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Flat 27 Rixon House London has increased by £6,325 (3.1%) and its rental value has increased by £83 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 27, Rixon House, London is in very good condition we estimate a sale value of £215,914 and rental value of £1,188 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £191,238 and a rental value of £1,052 per month.
If you were able to purchase this property for the estimated value of £205,632, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,011 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 27, Rixon House, London was last sold on 06 Oct 2023 for £190,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Oct 2023, the market for similar properties has risen 3.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 27, Rixon House, London within a radius of 320 metres over the last 2 years.
The most recent example is Flat 18, Macallister House, Wrottesley Road, London, SE18 3UB, a Leasehold flat under offer by Sold.co.uk in May 2023.
Read more about house prices in SE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Barnfield Road, London, SE18 has a total of 296 addresses. According to our analysis of all the public data, Flat 27, Rixon House, London is the 84th largest and the 100th most expensive property on the street.
When compared to the postcode district it is £161k less expensive than the average property in SE18.
Flat 27, Rixon House, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Feb 2016.
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 27, Rixon House, London is Woolwich Arsenal station which is 1.2 kilometres 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 27, Rixon House, London, 61.2% of property is socially rented and 23.6% 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 27, Rixon House, London, 26.4% of residents are recorded as possessing school level qualifications and 38.6% 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 27, Rixon House, London, the average age was 33.5 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 27, Rixon House, 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 27, Rixon House, 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.