According to the public record, Flat 99, Long Acre House, London is a modern leasehold apartment with 893 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Long Acre House, Pettacre Close, London, SE28.
Pettacre Close, London, SE28 is located in the borough of Greenwich within the SE28 postal district.
Flat 99, Long Acre House, London has 2 entries in the Land Registry database, most recently in June 2015 and a single entry in the EPC database dated February 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 99 Long Acre House London as £345,100 and the rental value as £1,932 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Flat 99 Long Acre House London has increased by £8,657 (2.5%) and its rental value has increased by £130 per month (6.7%).
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 99, Long Acre House, London is in very good condition we estimate a sale value of £362,355 and rental value of £2,028 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £320,943 and a rental value of £1,796 per month.
If you were able to purchase this property for the estimated value of £345,100, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,696 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 99, Long Acre House, London was last sold on 12 Jun 2015 for £230,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2015, the market for similar properties has risen 13.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 99, Long Acre House, London within a radius of 430 metres over the last 2 years.
The most recent example is Flat 8, Paddle Steamer House, Pettacre Close, London, SE28 0PD, a Leasehold flat which sold for £308,000 in Jan 2023.
Read more about house prices in SE28.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pettacre Close, London, SE28 has a total of 223 addresses. According to our analysis of all the public data, Flat 99, Long Acre House, London is the 25th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £39k more expensive than the average property in SE28.
Flat 99, Long Acre House, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Feb 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 99, Long Acre House, London is Plumstead 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 99, Long Acre House, London, 57.9% of property is privately rented and 15.7% 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 99, Long Acre House, London, 24.6% of residents are recorded as possessing school level qualifications and 60.5% 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 99, Long Acre House, London, the average age was 35.5 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 99, Long Acre House, 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 99, Long Acre House, 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.