According to the public record, Flat 3, 8, Wellington Gardens, London is a period leasehold apartment with 775 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 8, Wellington Gardens, London, SE7.
Wellington Gardens, London, SE7 is located in the borough of Greenwich within the SE7 postal district.
Flat 3, 8, Wellington Gardens, London has 2 entries in the Land Registry database, most recently in July 2022 and a single entry in the EPC database dated February 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 3 8 Wellington Gardens London as £387,736 and the rental value as £1,726 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of Flat 3 8 Wellington Gardens London has increased by £10,376 (2.7%) and its rental value has increased by £92 per month (5.3%).
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 3, 8, Wellington Gardens, London is in very good condition we estimate a sale value of £407,123 and rental value of £1,812 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £360,595 and a rental value of £1,605 per month.
If you were able to purchase this property for the estimated value of £387,736, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,906 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 3, 8, Wellington Gardens, London was last sold on 19 Jul 2022 for £380,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2022, the market for similar properties has dropped 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 8, Wellington Gardens, London within a radius of 390 metres over the last 2 years.
The most recent example is 32A, Wellington Gardens, London, SE7 7PH, a Leasehold flat which sold for £380,000 in May 2022.
Read more about house prices in SE7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wellington Gardens, London, SE7 has a total of 143 addresses. According to our analysis of all the public data, Flat 3, 8, Wellington Gardens, London is the 56th largest and the 60th most expensive property on the street.
When compared to the postcode district it is £63k less expensive than the average property in SE7.
Flat 3, 8, Wellington Gardens, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Feb 2022.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to Flat 3, 8, Wellington Gardens, London is Charlton station which is 300 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 3, 8, Wellington Gardens, London, 32.6% of property is privately rented and 30.2% 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, 8, Wellington Gardens, London, 19.5% of residents are recorded as possessing school level qualifications and 58.3% 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, 8, Wellington Gardens, London, the average age was 36.9 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 3, 8, Wellington Gardens, London, 1.3% 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, 8, Wellington Gardens, 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.