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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
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121, Herbert Road is recorded publicly as a period freehold house across 2,335 ft2 of internal area, sitting on a 390 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 121, Herbert Road is £697,908 and its rental estimate is £3,857 per month, given the available information and assuming reasonable condition.
Herbert Road, London, SE18 falls within the SE18 postal district, in the borough of Greenwich.
121, Herbert Road has 71 entries in the Land Registry , most recently in December 2021 and a single entry in the EPC database dated September 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 121, Herbert Road, we estimate a market value of £732,803 and a rental value of £4,050 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £649,054 and £3,587 per month respectively.
Over the last year, 121, Herbert Road has seen its estimated sale value drop by £16,279 (2.3%) and its estimated rental value rise by £94 per month (2.4%). This results in an estimated gross rental yield of 6.6%.
HM Land Registry records the plot of land for 121, Herbert Road as measuring 390 m2.
That makes it the 5th largest plot in the postcode, where 15 of the 16 other houses have recorded plot data.
121, Herbert Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Sep 2018.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 121, Herbert Road completed on 17th December 2021 at £724,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 7 times.
Values of comparable properties have dropped by 2.4% over the period since December 2021.
Over the past 2 years 3 properties similar to 121, Herbert Road have sold within a radius of 370 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th August 2024, was 159, Herbert Road, London, SE18 3QE, a freehold house which sold for £1,100,000.
Read more about house prices in SE18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 370 addresses on Herbert Road, London, SE18, 121, Herbert Road comes out as the 14th largest and the 5th most expensive in our analysis of the public data.
It is also £333k more expensive than the average property across the SE18 district.
From 121, Herbert Road, the nearest station is Woolwich Arsenal, 1.4 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 121, Herbert Road, 47.6% of property is socially rented and 30.3% is privately 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 121, Herbert Road, 23.5% of residents are recorded as possessing school level qualifications and 47.7% 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 121, Herbert Road, the average age was 39 and the most common age was 42.
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 121, Herbert Road, 0.6% 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 121, Herbert Road, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
