According to the public record, Flat 3, Cherry Tree House, London is a mid-century leasehold apartment with 861 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Cherry Tree House, Shardeloes Road, London, SE14.
Shardeloes Road, London, SE14 is located in the borough of Lewisham within the SE14 postal district.
Flat 3, Cherry Tree House, London has a single entry in the Land Registry database from September 2007 and a single entry in the EPC database dated May 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 3 Cherry Tree House London as £301,731 and the rental value as £1,571 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 3 Cherry Tree House London has increased by £4,283 (1.4%) and its rental value has increased by £74 per month (4.7%).
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, Cherry Tree House, London is in very good condition we estimate a sale value of £316,818 and rental value of £1,649 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £280,610 and a rental value of £1,461 per month.
If you were able to purchase this property for the estimated value of £301,731, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,483 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, Cherry Tree House, London was last sold on 13 Sep 2007 for £192,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2007, the market for similar properties has risen 74.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Cherry Tree House, London within a radius of 400 metres over the last 2 years.
The most recent example is Flat 8, Columba House 23, Shardeloes Road, London, SE14 6PG, a Leasehold flat which sold for £329,000 in Nov 2022.
Read more about house prices in SE14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shardeloes Road, London, SE14 has a total of 281 addresses. According to our analysis of all the public data, Flat 3, Cherry Tree House, London is the 81st largest and the 226th most expensive property on the street.
When compared to the postcode district it is £180k less expensive than the average property in SE14.
Flat 3, Cherry Tree House, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 May 2024.
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, Cherry Tree House, London is New Cross Gate station which is 500 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, Cherry Tree House, London, 50.0% of property is socially rented and 22.7% 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 3, Cherry Tree House, London, 26.7% of residents are recorded as possessing school level qualifications and 48.0% 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, Cherry Tree House, London, the average age was 34.1 and the most common age was 27.
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, Cherry Tree 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 3, Cherry Tree House, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.