According to the public record, Flat C, 9, Cambridge Drive, London is a period leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 9, Cambridge Drive, London, SE12.
Cambridge Drive, London, SE12 is located in the borough of Lewisham within the SE12 postal district.
Flat C, 9, Cambridge Drive, London has 61 entries in the Land Registry database, most recently in September 2018 and a single entry in the EPC database dated August 2009.
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 C 9 Cambridge Drive London as £329,568 and the rental value as £1,431 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Flat C 9 Cambridge Drive London has increased by £7,865 (2.4%) and its rental value has increased by £94 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 C, 9, Cambridge Drive, London is in very good condition we estimate a sale value of £346,046 and rental value of £1,502 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £306,498 and a rental value of £1,331 per month.
If you were able to purchase this property for the estimated value of £329,568, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,620 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 C, 9, Cambridge Drive, London was last sold on 12 Sep 2018 for £283,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since Sep 2018, the market for similar properties has risen 6.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat C, 9, Cambridge Drive, London within a radius of 450 metres over the last 2 years.
The most recent example is 96B, Burnt Ash Road, London, SE12 8PU, a Leasehold flat which sold for £415,000 in May 2023.
Read more about house prices in SE12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cambridge Drive, London, SE12 has a total of 113 addresses. According to our analysis of all the public data, Flat C, 9, Cambridge Drive, London is the 101st largest and the 89th most expensive property on the street.
When compared to the postcode district it is £140k less expensive than the average property in SE12.
Flat C, 9, Cambridge Drive, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Aug 2009.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to Flat C, 9, Cambridge Drive, London is Lee (London) station which is 500 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 C, 9, Cambridge Drive, London, 29.6% of property is privately owned outright and 25.8% is socially 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 C, 9, Cambridge Drive, London, 18.5% of residents are recorded as possessing school level qualifications and 46.3% 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 C, 9, Cambridge Drive, London, the average age was 37.2 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 C, 9, Cambridge Drive, London, 1.0% 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 C, 9, Cambridge Drive, London, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.