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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
114, Millard Road is recorded publicly as a modern freehold house across 1,162 ft2 of internal area, sitting on a 84.8 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 114, Millard Road is £681,453 and its rental estimate is £3,403 per month, given the available information and assuming reasonable condition.
Millard Road, London, SE8 falls within the SE8 postal district, in the borough of Lewisham.
114, Millard Road has a single entry in the Land Registry from October 2024 and a single entry in the EPC database dated July 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 114, Millard Road, we estimate a market value of £715,526 and a rental value of £3,573 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £633,751 and £3,164 per month respectively.
Over the last year, 114, Millard Road has seen its estimated sale value decline by £26,296 (3.9%) and its estimated rental value climb by £172 per month (5.0%). This results in an estimated gross rental yield of 6.0%.
HM Land Registry records the plot of land for 114, Millard Road as measuring 85 m2.
That makes it the largest plot in the postcode, where 1 of the 8 other houses have recorded plot data.
114, Millard Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Jul 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 114, Millard Road completed on 4th October 2024 at £705,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 6.7% over the period since October 2024.
Over the past 2 years 1 property similar to 114, Millard Road has sold within a radius of 330 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th December 2019, was 112, Millard Road, London, SE8 3GD, a leasehold house which sold for £236,000.
Read more about house prices in SE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 116 addresses on Millard Road, London, SE8, 114, Millard Road comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £283k more expensive than the average property across the SE8 district.
From 114, Millard Road, the nearest station is Deptford, 1.1 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 114, Millard Road, 74.3% of property is socially rented and 9.6% is privately owned outright.
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 114, Millard Road, 27.8% of residents are recorded as possessing school level qualifications and 36.9% 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 114, Millard Road, the average age was 33.9 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 114, Millard Road, 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 114, Millard Road, 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.
