According to the public record, Flat 4, Millcroft House, London is a mid-century leasehold apartment with 473 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Millcroft House, Melfield Gardens, London, SE6.
Melfield Gardens, London, SE6 is located in the borough of Lewisham within the SE6 postal district.
Flat 4, Millcroft House, London has 21 entries in the Land Registry database, most recently in November 2006 and a single entry in the EPC database dated May 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 4 Millcroft House London as £174,881 and the rental value as £986 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of Flat 4 Millcroft House London has increased by £1,231 (0.7%) and its rental value has increased by £44 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 4, Millcroft House, London is in very good condition we estimate a sale value of £183,626 and rental value of £1,035 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £162,640 and a rental value of £917 per month.
If you were able to purchase this property for the estimated value of £174,881, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £859 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 4, Millcroft House, London was last sold on 10 Nov 2006 for £120,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Millcroft House, London within a radius of 450 metres over the last 2 years.
The most recent example is Flat 6, Millcroft House, Melfield Gardens, London, SE6 3AJ, a Leasehold flat which sold for £170,000 in Feb 2017.
Read more about house prices in SE6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melfield Gardens, London, SE6 has a total of 118 addresses. According to our analysis of all the public data, Flat 4, Millcroft House, London is the 103rd largest and the 103rd most expensive property on the street.
When compared to the postcode district it is £266k less expensive than the average property in SE6.
Flat 4, Millcroft House, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 May 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 4, Millcroft House, London is Beckenham Hill 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 4, Millcroft House, London, 68.4% of property is socially rented and 12.2% is privately owned outright.
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 4, Millcroft House, London, 11.5% of residents are recorded as possessing school level qualifications and 20.4% 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 4, Millcroft House, London, the average age was 38.5 and the most common age was 37.
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 4, Millcroft 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 4, Millcroft 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.