According to the public record, Flat C, The Elms , London is a period leasehold apartment with 376 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in The Elms, Elm Lane, London, SE6.
Elm Lane, London, SE6 is located in the borough of Lewisham within the SE6 postal district.
Flat C, The Elms , London has 31 entries in the Land Registry database, most recently in October 2021 and a single entry in the EPC database dated August 2023.
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 The Elms London as £256,200 and the rental value as £1,182 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of Flat C The Elms London has increased by £6,559 (2.6%) and its rental value has increased by £80 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 C, The Elms , London is in very good condition we estimate a sale value of £269,010 and rental value of £1,242 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £238,266 and a rental value of £1,100 per month.
If you were able to purchase this property for the estimated value of £256,200, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,259 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, The Elms , London was last sold on 01 Oct 2021 for £275,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Oct 2021, the market for similar properties has risen 5.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat C, The Elms , London within a radius of 390 metres over the last 2 years.
The most recent example is Flat A, 23, Rutland Walk, London, SE6 4LG, a Leasehold flat which sold for £237,000 in Mar 2023.
Read more about house prices in SE6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elm Lane, London, SE6 has a total of 5 addresses. According to our analysis of all the public data, Flat C, The Elms , London is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £185k less expensive than the average property in SE6.
Flat C, The Elms , London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Aug 2023.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat C, The Elms , London is Catford station which is 700 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, The Elms , London, 39.3% of property is privately rented and 27.0% 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 C, The Elms , London, 18.0% of residents are recorded as possessing school level qualifications and 43.9% 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, The Elms , London, the average age was 37.6 and the most common age was 37.
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, The Elms , 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 C, The Elms , 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.