According to the public record, Flat 31, Sienna Alto 2, London is a modern leasehold apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Sienna Alto, Cornmill Lane, London, SE13.
Cornmill Lane, London, SE13 is located in the borough of Lewisham within the SE13 postal district.
Flat 31, Sienna Alto 2, London has 2 entries in the Land Registry database, most recently in July 2016 and a single entry in the EPC database dated December 2023.
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 Sienna Alto 2 London as £377,074 and the rental value as £1,838 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 31 Sienna Alto 2 London has increased by £1,722 (0.5%) and its rental value has increased by £85 per month (4.6%).
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 31, Sienna Alto 2, London is in very good condition we estimate a sale value of £395,927 and rental value of £1,930 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £350,679 and a rental value of £1,710 per month.
If you were able to purchase this property for the estimated value of £377,074, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,853 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, Sienna Alto 2, London was last sold on 14 Jul 2016 for £408,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2016, the market for similar properties has risen 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 31, Sienna Alto 2, London within a radius of 180 metres over the last 2 years.
The most recent example is Flat 143, Venice Corte 2, Elmira Street, London, SE13 7FQ, a Leasehold flat which sold for £390,000 in Aug 2023.
Read more about house prices in SE13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cornmill Lane, London, SE13 has a total of 229 addresses. According to our analysis of all the public data, Flat 31, Sienna Alto 2, London is the 134th largest and the 140th most expensive property on the street.
When compared to the postcode district it is £105k less expensive than the average property in SE13.
Flat 31, Sienna Alto 2, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Dec 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 31, Sienna Alto 2, London is Lewisham station which is 100 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, Sienna Alto 2, London, 45.5% of property is privately rented and 36.6% 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, Sienna Alto 2, London, 20.8% of residents are recorded as possessing school level qualifications and 43.2% 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, Sienna Alto 2, London, the average age was 37.2 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, Sienna Alto 2, London, 0.7% 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, Sienna Alto 2, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.