According to the public record, Flat 5, 118, Southwood Road, London is a mid-century leasehold apartment with 430 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 118, Southwood Road, London, SE9.
Southwood Road, London, SE9 is located in the borough of Greenwich within the SE9 postal district.
Flat 5, 118, Southwood Road, London has 2 entries in the Land Registry database, most recently in March 2016 and a single entry in the EPC database dated July 2013.
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 5 118 Southwood Road London as £227,845 and the rental value as £1,183 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 5 118 Southwood Road London has increased by £2,210 (1.0%) and its rental value has increased by £63 per month (5.4%).
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 5, 118, Southwood Road, London is in very good condition we estimate a sale value of £239,237 and rental value of £1,242 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £211,895 and a rental value of £1,100 per month.
If you were able to purchase this property for the estimated value of £227,845, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,120 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 5, 118, Southwood Road, London was last sold on 04 Mar 2016 for £205,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2016, the market for similar properties has risen 7.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, 118, Southwood Road, London within a radius of 570 metres over the last 2 years.
The most recent example is Flat 3, 118, Southwood Road, London, SE9 3QN, a Leasehold flat which sold for £233,000 in Mar 2023.
Read more about house prices in SE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Southwood Road, London, SE9 has a total of 201 addresses. According to our analysis of all the public data, Flat 5, 118, Southwood Road, London is the 185th largest and the 163rd most expensive property on the street.
When compared to the postcode district it is £228k less expensive than the average property in SE9.
Flat 5, 118, Southwood Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Jul 2013.
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 5, 118, Southwood Road, London is New Eltham station which is 500 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 5, 118, Southwood Road, London, 30.6% of property is privately rented and 26.9% 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 5, 118, Southwood Road, London, 16.5% of residents are recorded as possessing school level qualifications and 36.2% 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 5, 118, Southwood Road, London, the average age was 40.2 and the most common age was 42.
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 5, 118, Southwood Road, London, 1.1% 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 5, 118, Southwood Road, London, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.