According to the public record, Flat 7, West Officers Apartments 2, London is a period leasehold apartment with 1,894 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in West Officers Apartments, Parade Ground Path, London, SE18.
Parade Ground Path, London, SE18 is located in the borough of Greenwich within the SE18 postal district.
Flat 7, West Officers Apartments 2, London has a single entry in the Land Registry database from December 2013 and a single entry in the EPC database dated August 2013.
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 West Officers Apartments 2 London as £723,208 and the rental value as £3,227 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of Flat 7 West Officers Apartments 2 London has increased by £16,719 (2.3%) and its rental value has increased by £212 per month (6.6%).
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, West Officers Apartments 2, London is in very good condition we estimate a sale value of £759,368 and rental value of £3,388 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £672,583 and a rental value of £3,001 per month.
If you were able to purchase this property for the estimated value of £723,208, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,554 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, West Officers Apartments 2, London was last sold on 13 Dec 2013 for £480,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2013, the market for similar properties has risen 47.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, West Officers Apartments 2, London within a radius of 610 metres over the last 2 years.
The most recent example is Apartment 6, 26, Parade Ground Path, London, SE18 4BT, a Leasehold flat which sold for £785,000 in Nov 2019.
Read more about house prices in SE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parade Ground Path, London, SE18 has a total of 48 addresses. According to our analysis of all the public data, Flat 7, West Officers Apartments 2, London is the largest and the 5th most expensive property on the street.
When compared to the postcode district it is £357k more expensive than the average property in SE18.
Flat 7, West Officers Apartments 2, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Aug 2013.
The property is not connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 7, West Officers Apartments 2, London is Woolwich Dockyard station which is 1.7 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, West Officers Apartments 2, London, 30.9% of property is socially rented and 30.9% 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 7, West Officers Apartments 2, London, 25.5% of residents are recorded as possessing school level qualifications and 42.1% 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, West Officers Apartments 2, London, the average age was 33.7 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, West Officers Apartments 2, London, 0.5% 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, West Officers Apartments 2, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.