According to the public record, Upper Flat, 1, Musgrove Road, London is a period leasehold apartment with 1,323 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 1, Musgrove Road, London, SE14.
Musgrove Road, London, SE14 is located in the borough of Lewisham within the SE14 postal district.
Upper Flat, 1, Musgrove Road, London has a single entry in the Land Registry database from August 2018 and a single entry in the EPC database dated March 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 Upper Flat 1 Musgrove Road London as £757,674 and the rental value as £3,113 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Upper Flat 1 Musgrove Road London has increased by £19,354 (2.6%) and its rental value has increased by £182 per month (5.9%).
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 Upper Flat, 1, Musgrove Road, London is in very good condition we estimate a sale value of £795,558 and rental value of £3,268 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £704,637 and a rental value of £2,895 per month.
If you were able to purchase this property for the estimated value of £757,674, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,724 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, Upper Flat, 1, Musgrove Road, London was last sold on 06 Aug 2018 for £750,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2018, the market for similar properties has risen 2.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Upper Flat, 1, Musgrove Road, London within a radius of 400 metres over the last 2 years.
The most recent example is 20A, Ommaney Road, London, SE14 5NT, a Leasehold flat which sold for £755,421 in Mar 2023.
Read more about house prices in SE14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Musgrove Road, London, SE14 has a total of 132 addresses. According to our analysis of all the public data, Upper Flat, 1, Musgrove Road, London is the 38th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £276k more expensive than the average property in SE14.
Upper Flat, 1, Musgrove Road, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Mar 2015.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to Upper Flat, 1, Musgrove Road, London is New Cross Gate station which is 300 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 Upper Flat, 1, Musgrove Road, London, 43.0% of property is privately rented and 24.0% 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 Upper Flat, 1, Musgrove Road, London, 16.3% of residents are recorded as possessing school level qualifications and 73.9% 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 Upper Flat, 1, Musgrove Road, London, the average age was 36.3 and the most common age was 27.
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 Upper Flat, 1, Musgrove Road, London, 2.1% 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 Upper Flat, 1, Musgrove Road, 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.