According to the public record, Flat 7, Edison Court, London is a mid-century leasehold apartment with 775 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Edison Court, Schoolbank Road, London, SE10.
Schoolbank Road, London, SE10 is located in the borough of Greenwich within the SE10 postal district.
Flat 7, Edison Court, London has a single entry in the Land Registry database from November 2014 and a single entry in the EPC database dated May 2011.
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 7 Edison Court London as £409,934 and the rental value as £2,008 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 7 Edison Court London has decreased by £246 (0.1%) and its rental value has increased by £119 per month (5.9%).
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 7, Edison Court, London is in very good condition we estimate a sale value of £430,431 and rental value of £2,108 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £381,239 and a rental value of £1,867 per month.
If you were able to purchase this property for the estimated value of £409,934, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,015 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 7, Edison Court, London was last sold on 21 Nov 2014 for £390,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2014, the market for similar properties has risen 11.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Edison Court, London within a radius of 370 metres over the last 2 years.
The most recent example is Flat 73, Farnsworth Court, West Parkside, London, SE10 0RU, a Leasehold flat which sold for £436,000 in Jun 2023.
Read more about house prices in SE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Schoolbank Road, London, SE10 has a total of 19 addresses. According to our analysis of all the public data, Flat 7, Edison Court, London is the 7th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £153k less expensive than the average property in SE10.
Flat 7, Edison Court, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 May 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 7, Edison Court, London is Westcombe Park station which is 1.0 kilometres 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 7, Edison Court, London, 42.7% of property is privately rented and 20.9% 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 7, Edison Court, London, 22.4% of residents are recorded as possessing school level qualifications and 64.5% 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 7, Edison Court, 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 7, Edison Court, 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 7, Edison Court, 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.