According to the public record, Flat 5, 49, Norman Road, London is a modern leasehold apartment with 1,302 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in 49, Norman Road, London, SE10.
Norman Road, London, SE10 is located in the borough of Greenwich within the SE10 postal district.
Flat 5, 49, Norman Road, London has a single entry in the Land Registry database from August 2008 and a single entry in the EPC database dated August 2018.
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 49 Norman Road London as £588,117 and the rental value as £2,864 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 5 49 Norman Road London has decreased by £5,838 (1.0%) and its rental value has increased by £106 per month (3.7%).
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 5, 49, Norman Road, London is in very good condition we estimate a sale value of £617,523 and rental value of £3,007 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £546,949 and a rental value of £2,663 per month.
If you were able to purchase this property for the estimated value of £588,117, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,890 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, 49, Norman Road, London was last sold on 20 Aug 2008 for £425,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2008, the market for similar properties has risen 72.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, 49, Norman Road, London within a radius of 230 metres over the last 2 years.
The most recent example is Flat 601, Caledonian Point 34, Norman Road, London, SE10 9QX, a Leasehold flat which sold for £670,000 in Sep 2022.
Read more about house prices in SE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Norman Road, London, SE10 has a total of 437 addresses. According to our analysis of all the public data, Flat 5, 49, Norman Road, London is the 4th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £25k more expensive than the average property in SE10.
Flat 5, 49, Norman Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Aug 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 5, 49, Norman Road, London is Greenwich station which is 300 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, 49, Norman Road, London, 84.1% of property is socially rented and 7.7% 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 5, 49, Norman Road, London, 30.0% of residents are recorded as possessing school level qualifications and 45.4% 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 5, 49, Norman Road, 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 5, 49, Norman Road, 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 5, 49, Norman Road, 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.