According to the public record, Flat 31, 1, Tarves Way, London is a modern leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in 1, Tarves Way, London, SE10.
Tarves Way, London, SE10 is located in the borough of Greenwich within the SE10 postal district.
Flat 31, 1, Tarves Way, London has a single entry in the Land Registry database from July 2012 and a single entry in the EPC database dated January 2012.
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 31 1 Tarves Way London as £394,818 and the rental value as £1,946 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 31 1 Tarves Way London has decreased by £1,669 (0.4%) and its rental value has increased by £84 per month (4.3%).
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 31, 1, Tarves Way, London is in very good condition we estimate a sale value of £414,559 and rental value of £2,043 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £367,181 and a rental value of £1,810 per month.
If you were able to purchase this property for the estimated value of £394,818, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,940 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 31, 1, Tarves Way, London was last sold on 27 Jul 2012 for £250,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2012, the market for similar properties has risen 57.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 31, 1, Tarves Way, London within a radius of 230 metres over the last 2 years.
The most recent example is Flat 44, 1, Tarves Way, London, SE10 9JE, a Leasehold flat which sold for £337,500 in Feb 2022.
Read more about house prices in SE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tarves Way, London, SE10 has a total of 286 addresses. According to our analysis of all the public data, Flat 31, 1, Tarves Way, London is the 235th largest and the 223rd most expensive property on the street.
When compared to the postcode district it is £168k less expensive than the average property in SE10.
Flat 31, 1, Tarves Way, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Jan 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 31, 1, Tarves Way, London is Greenwich station which is 200 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 31, 1, Tarves Way, London, 43.0% of property is privately rented and 34.6% is socially 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 31, 1, Tarves Way, London, 17.1% of residents are recorded as possessing school level qualifications and 68.4% 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 31, 1, Tarves Way, London, the average age was 31.6 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 31, 1, Tarves Way, London, 1.9% 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 31, 1, Tarves Way, London, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.