16, Chestnut Rise
16, Chestnut Rise
Description & Estimates
16, Chestnut Rise is described in the public record as a period house with 1,076 ft2 of internal area, sitting on a 146 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 16, Chestnut Rise is £477,592 and its rental estimate is £2,392 per month, given the available information and assuming reasonable condition.
Chestnut Rise, London, SE18 falls within the SE18 postal district, in the borough of Greenwich.
Our Data Sources
16, Chestnut Rise has no records in the the Land Registry and a single entry in the EPC database dated February 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 16, Chestnut Rise, we estimate a market value of £501,472 and a rental value of £2,511 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £444,161 and £2,224 per month respectively.
Recent Market Change
Over the last year, 16, Chestnut Rise has seen its estimated sale value decline by £631 (0.1%) and its estimated rental value climb by £112 per month (4.7%). This results in an estimated gross rental yield of 6.0%.
Plot Size
HM Land Registry records the plot of land for 16, Chestnut Rise as measuring 146 m2.
That makes it the 55th largest plot in the postcode, where 49 of the 55 other houses have recorded plot data.
Energy Efficiency
16, Chestnut Rise has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 07 Feb 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 16, Chestnut Rise have sold within a radius of 350 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th March 2023, was 8, Chestnut Rise, London, SE18 1RL, a freehold house which sold for £533,000.
Read more about house prices in SE18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 160 addresses on Chestnut Rise, London, SE18, 16, Chestnut Rise comes out as the 58th largest and the 64th most expensive in our analysis of the public data.
It is also £112k more expensive than the average property across the SE18 district.
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Schools Nearby
- 400mGreenslade Primary School
- 400mSouth Rise Primary School
- 500mConway Primary School
- 200mPlumstead Manor School
- 1.7kmSt Paul's Academy
- 2.5kmWelling School
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Public Transport Nearby
From 16, Chestnut Rise, the nearest station is Plumstead, 700 metres away.
- 700mPlumstead
- 1.4kmWoolwich Arsenal
- 1.4kmWoolwich (Elizabeth line)
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
