According to the public record, Flat 3, Fairlawn Mansions, London is a period leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Fairlawn Mansions, New Cross Road, London, SE14.
New Cross Road, London, SE14 is located in the borough of Lewisham within the SE14 postal district.
Flat 3, Fairlawn Mansions, London has 2 entries in the Land Registry database, most recently in November 2015 and a single entry in the EPC database dated February 2015.
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 Fairlawn Mansions London as £407,668 and the rental value as £1,975 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 3 Fairlawn Mansions London has increased by £9,331 (2.3%) and its rental value has increased by £110 per month (5.6%).
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 3, Fairlawn Mansions, London is in very good condition we estimate a sale value of £428,052 and rental value of £2,074 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £379,132 and a rental value of £1,837 per month.
If you were able to purchase this property for the estimated value of £407,668, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,004 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, Fairlawn Mansions, London was last sold on 02 Nov 2015 for £350,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2015, the market for similar properties has risen 6.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Fairlawn Mansions, London within a radius of 370 metres over the last 2 years.
The most recent example is 24D , Pepys Road, London, SE14 5SB, a Leasehold flat which sold for £425,000 in Oct 2023.
Read more about house prices in SE14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Cross Road, London, SE14 has a total of 1093 addresses. According to our analysis of all the public data, Flat 3, Fairlawn Mansions, London is the 535th largest and the 383rd most expensive property on the street.
When compared to the postcode district it is £74k less expensive than the average property in SE14.
Flat 3, Fairlawn Mansions, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Feb 2015.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 3, Fairlawn Mansions, London is New Cross Gate 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, Fairlawn Mansions, London, 64.6% of property is privately rented and 16.8% 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, Fairlawn Mansions, London, 20.7% of residents are recorded as possessing school level qualifications and 57.5% 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, Fairlawn Mansions, London, the average age was 36.3 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, Fairlawn Mansions, London, 2.3% 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, Fairlawn Mansions, 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.