According to the public record, Flat 504, Chichely Heights 2, London is a modern leasehold apartment with 957 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Chichely Heights, Moy Lane, London, SE18.
Moy Lane, London, SE18 is located in the borough of Greenwich within the SE18 postal district.
Flat 504, Chichely Heights 2, London has 2 entries in the Land Registry database, most recently in June 2023 and a single entry in the EPC database dated December 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 504 Chichely Heights 2 London as £480,109 and the rental value as £2,090 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Flat 504 Chichely Heights 2 London has increased by £4,041 (0.8%) and its rental value has increased by £104 per month (5.0%).
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 504, Chichely Heights 2, London is in very good condition we estimate a sale value of £504,114 and rental value of £2,195 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £446,501 and a rental value of £1,944 per month.
If you were able to purchase this property for the estimated value of £480,109, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,360 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 504, Chichely Heights 2, London was last sold on 14 Jun 2023 for £520,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2023, the market for similar properties has risen 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 504, Chichely Heights 2, London within a radius of 300 metres over the last 2 years.
The most recent example is Flat 1, Chichely Heights 2, Moy Lane, London, SE18 6AA, a Leasehold flat which sold for £460,000 in Jul 2024.
Read more about house prices in SE18.
*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 504, Chichely Heights 2, London within a radius of 300 metres over the last 2 years.
Most recently Flat 401, Axell House 41, Wellington Street, London, SE18 6YJ, a Leasehold flat let by London Property Management in Jul 2021.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Moy Lane, London, SE18 has a total of 85 addresses. According to our analysis of all the public data, Flat 504, Chichely Heights 2, London is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £114k more expensive than the average property in SE18.
Flat 504, Chichely Heights 2, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Dec 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Flat 504, Chichely Heights 2, London is Woolwich Arsenal station which is 400 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 504, Chichely Heights 2, London, 48.3% of property is privately rented and 24.5% 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 504, Chichely Heights 2, London, 17.9% of residents are recorded as possessing school level qualifications and 50.6% 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 504, Chichely Heights 2, London, the average age was 33.5 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 504, Chichely Heights 2, 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 504, Chichely Heights 2, London, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.