According to the public record, Flat 7, Riverside Court, London is a modern leasehold apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Riverside Court, Lee Road, London, SE3.
Lee Road, London, SE3 is located in the borough of Lewisham within the SE3 postal district.
Flat 7, Riverside Court, London has 31 entries in the Land Registry database, most recently in March 2023 and a single entry in the EPC database dated January 2015.
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 Riverside Court London as £381,497 and the rental value as £1,976 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 7 Riverside Court London has increased by £8,217 (2.2%) and its rental value has increased by £141 per month (7.1%).
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, Riverside Court, London is in very good condition we estimate a sale value of £400,572 and rental value of £2,075 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £354,792 and a rental value of £1,838 per month.
If you were able to purchase this property for the estimated value of £381,497, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,875 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, Riverside Court, London was last sold on 29 Mar 2023 for £362,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Mar 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 7, Riverside Court, London within a radius of 410 metres over the last 2 years.
The most recent example is Flat 17, Riverside Court, Lee Road, London, SE3 9DG, a Leasehold flat which sold for £365,000 in Nov 2023.
Read more about house prices in SE3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lee Road, London, SE3 has a total of 256 addresses. According to our analysis of all the public data, Flat 7, Riverside Court, London is the 192nd largest and the 200th most expensive property on the street.
When compared to the postcode district it is £262k less expensive than the average property in SE3.
Flat 7, Riverside Court, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Jan 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 7, Riverside Court, London is Lee (London) station which is 900 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 7, Riverside Court, London, 65.4% of property is privately rented and 21.2% 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 7, Riverside Court, London, 10.0% of residents are recorded as possessing school level qualifications and 64.8% 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 7, Riverside Court, London, the average age was 39.2 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, Riverside 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, Riverside Court, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.