According to the public record, Flat 5, Wallis Court 38, London is a period leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Wallis Court, Wickham Road, London, SE4.
Wickham Road, London, SE4 is located in the borough of Lewisham within the SE4 postal district.
Flat 5, Wallis Court 38, London has 41 entries in the Land Registry database, most recently in December 2023 and a single entry in the EPC database dated October 2017.
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 Wallis Court 38 London as £461,119 and the rental value as £1,925 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Flat 5 Wallis Court 38 London has increased by £9,779 (2.1%) and its rental value has increased by £95 per month (4.9%).
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, Wallis Court 38, London is in very good condition we estimate a sale value of £484,175 and rental value of £2,021 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £428,841 and a rental value of £1,790 per month.
If you were able to purchase this property for the estimated value of £461,119, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,266 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, Wallis Court 38, London was last sold on 13 Dec 2023 for £480,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Dec 2023, the market for similar properties has risen 2.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Wallis Court 38, London within a radius of 360 metres over the last 2 years.
The most recent example is Flat D, Chester House 25, Wickham Road, London, SE4 1PL, a Leasehold flat which sold for £490,000 in Aug 2022.
Read more about house prices in SE4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wickham Road, London, SE4 has a total of 602 addresses. According to our analysis of all the public data, Flat 5, Wallis Court 38, London is the 324th largest and the 240th most expensive property on the street.
When compared to the postcode district it is £135k less expensive than the average property in SE4.
Flat 5, Wallis Court 38, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Oct 2017.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 5, Wallis Court 38, London is Brockley 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, Wallis Court 38, London, 49.6% of property is privately rented and 34.2% is privately owned with a mortgage.
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, Wallis Court 38, London, 12.3% of residents are recorded as possessing school level qualifications and 80.8% 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, Wallis Court 38, London, the average age was 34.9 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, Wallis Court 38, London, 0.4% 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 5, Wallis Court 38, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.