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According to the public record, 1, Pallet Way is a mid-century freehold house with 1,054 ft2 of internal area and sits on a 158 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Pallet Way is £411,588 and the estimated rental value is £2,306 per month.
Pallet Way, London, SE18 is located in the borough of Greenwich within the SE18 postal district.
1, Pallet Way has a single entry in the Land Registry from March 2017 and a single entry in the EPC database dated September 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 1, Pallet Way is in very good condition we estimate a sale value of £432,168 and a rental value of £2,421 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £382,777 and a rental value of £2,144 per month.
Over the past 12 months, the estimated sale value of 1, Pallet Way has decreased by £543 (0.1%), while its estimated rental value has grown by £108 per month (4.7%). Based on current estimates, the property offers a gross rental yield of 6.7%.
According to data from HM Land Registry, 1, Pallet Way sits on a plot of 158 m2.
We have plot size data on 10 out of 18 other houses in the postcode and 1, Pallet Way sits on the 5th largest plot.
1, Pallet Way has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Sep 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1, Pallet Way was last sold on 31st March 2017 for £360,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2017, the market for similar properties has risen by 21.3%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Pallet Way within a radius of 450 metres over the last 2 years.
The most recent example is 269, Holburne Road, London, SE3 8HF, a freehold house which sold for £450,000 on the 21st April 2023.
Read more about house prices in SE18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pallet Way, London, SE18 has a total of 19 addresses. According to our analysis of all the public data, 1, Pallet Way is the 9th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £46k more expensive than the average property in SE18.
The closest station to 1, Pallet Way is Kidbrooke station, which is 1.7 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 1, Pallet Way, 42.0% of property is socially rented and 26.1% 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 1, Pallet Way, 27.9% of residents are recorded as possessing school level qualifications and 35.4% 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 1, Pallet Way, the average age was 35.9 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 1, Pallet Way, 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 1, Pallet Way, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.