According to the public record, Flat 48, Rockfield House, London is a early-century leasehold apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Rockfield House, Welland Street, London, SE10.
Welland Street, London, SE10 is located in the borough of Greenwich within the SE10 postal district.
Flat 48, Rockfield House, London has a single entry in the Land Registry database from October 2006 and a single entry in the EPC database dated January 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 48 Rockfield House London as £388,237 and the rental value as £1,888 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 48 Rockfield House London has increased by £5,345 (1.4%) and its rental value has increased by £127 per month (6.7%).
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 48, Rockfield House, London is in very good condition we estimate a sale value of £407,648 and rental value of £1,982 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £361,060 and a rental value of £1,755 per month.
If you were able to purchase this property for the estimated value of £388,237, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,908 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 48, Rockfield House, London was last sold on 20 Oct 2006 for £245,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 48, Rockfield House, London within a radius of 410 metres over the last 2 years.
The most recent example is Flat 2, Page House, Welland Street, London, SE10 9DG, a Leasehold flat which sold for £415,000 in Oct 2022.
Read more about house prices in SE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let of a property similar to Flat 48, Rockfield House, London within a radius of 410 metres over the last 2 years.
Most recently 56, Canary View 23, Dowells Street, London, SE10 9DY, a Leasehold flat let by Saint Andrews Bureau in Jan 2024.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Welland Street, London, SE10 has a total of 231 addresses. According to our analysis of all the public data, Flat 48, Rockfield House, London is the 179th largest and the 125th most expensive property on the street.
When compared to the postcode district it is £175k less expensive than the average property in SE10.
Flat 48, Rockfield House, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Jan 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 48, Rockfield House, London is Cutty Sark for Maritime Greenwich 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 48, Rockfield House, London, 62.3% of property is socially rented and 23.8% 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 48, Rockfield House, London, 22.6% of residents are recorded as possessing school level qualifications and 43.4% 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 48, Rockfield House, 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 48, Rockfield House, London, 1.4% 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 48, Rockfield 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.