According to the public record, Flat 31, Cleveley Court, London is a modern leasehold apartment with 1,151 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Cleveley Court, Ashton Reach, London, SE16.
Ashton Reach, London, SE16 is located in the borough of Lewisham within the SE16 postal district.
Flat 31, Cleveley Court, London has a single entry in the Land Registry database from April 2016 and a single entry in the EPC database dated March 2016.
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 Cleveley Court London as £601,019 and the rental value as £3,309 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Flat 31 Cleveley Court London has increased by £4,227 (0.7%) and its rental value has increased by £148 per month (4.5%).
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 31, Cleveley Court, London is in very good condition we estimate a sale value of £631,070 and rental value of £3,475 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £558,948 and a rental value of £3,078 per month.
If you were able to purchase this property for the estimated value of £601,019, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,954 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, Cleveley Court, London was last sold on 20 Apr 2016 for £660,250 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2016, the market for similar properties has dropped 3.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 31, Cleveley Court, London within a radius of 220 metres over the last 2 years.
The most recent example is Flat 31, Harbourside Court 4, Gullivers Walk, London, SE8 3FA, a Leasehold flat which sold for £425,000 in Aug 2023.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 2 lets within a 220 metres radius of Flat 31, Cleveley Court, London over the last 2 years.
Most recently Flat 47, Oslo Tower, Naomi Street, London, SE8 5EP, a Leasehold flat let by London Property Management in Jun 2022.
Ashton Reach, London, SE16 has a total of 88 addresses. According to our analysis of all the public data, Flat 31, Cleveley Court, London is the largest and the 9th most expensive property on the street.
When compared to the postcode district it is £128k more expensive than the average property in SE16.
Flat 31, Cleveley Court, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Mar 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Flat 31, Cleveley Court, London is Surrey Quays station which is 800 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, Cleveley Court, London, 44.0% of property is socially rented and 28.9% 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 31, Cleveley Court, London, 18.8% of residents are recorded as possessing school level qualifications and 49.4% 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, Cleveley Court, London, the average age was 33.2 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, Cleveley Court, London, 0.5% 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, Cleveley Court, 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.