According to the public record, Flat 3, 78, Red Lion Lane, London is a early-century apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 78, Red Lion Lane, London, SE18.
Red Lion Lane, London, SE18 is located in the borough of Greenwich within the SE18 postal district.
Flat 3, 78, Red Lion Lane, London has no records in the Land Registry database and a single entry in the EPC database dated January 2019.
We combine this information with public data 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 3 78 Red Lion Lane London as £326,544 and the rental value as £1,749 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 3 78 Red Lion Lane London has increased by £6,731 (2.1%) and its rental value has increased by £114 per month (6.5%).
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 3, 78, Red Lion Lane, London is in very good condition we estimate a sale value of £342,871 and rental value of £1,836 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £303,686 and a rental value of £1,626 per month.
If you were able to purchase this property for the estimated value of £326,544, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,605 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 78, Red Lion Lane, London within a radius of 580 metres over the last 2 years.
The most recent example is 23 Ellington House, Ashmore Road, London, SE18 4AS, a Leasehold flat which sold for £320,000 in Mar 2023.
Read more about house prices in SE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Red Lion Lane, London, SE18 has a total of 137 addresses. According to our analysis of all the public data, Flat 3, 78, Red Lion Lane, London is the 82nd largest and the 102nd most expensive property on the street.
When compared to the postcode district it is £40k less expensive than the average property in SE18.
Flat 3, 78, Red Lion Lane, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Jan 2019.
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 3, 78, Red Lion Lane, London is Falconwood station which is 1.9 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 3, 78, Red Lion Lane, London, 40.0% of property is socially rented and 27.7% 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 3, 78, Red Lion Lane, London, 15.1% of residents are recorded as possessing school level qualifications and 40.2% 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 3, 78, Red Lion Lane, London, the average age was 39 and the most common age was 42.
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 3, 78, Red Lion Lane, London, 1.6% 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 3, 78, Red Lion Lane, London, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.