Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent
16, Park Drive is recorded publicly as an early-century freehold house across 1,027 ft2 of internal area, sitting on a 245 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 16, Park Drive is £522,152 and its rental estimate is £2,713 per month, given the available information and assuming reasonable condition.
Park Drive, London, SE7 falls within the SE7 postal district, in the borough of Greenwich.
16, Park Drive has a single entry in the Land Registry from November 2011 and a single entry in the EPC database dated October 2010.
We combine this information with that 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.
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, Park Drive, we estimate a market value of £548,259 and a rental value of £2,848 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £485,601 and £2,523 per month respectively.
Over the last year, 16, Park Drive has seen its estimated sale value decline by £645 (0.1%) and its estimated rental value climb by £156 per month (5.8%). This results in an estimated gross rental yield of 6.2%.
HM Land Registry records the plot of land for 16, Park Drive as measuring 245 m2.
That makes it the 22nd largest plot in the postcode, where 24 of the 28 other houses have recorded plot data.
16, Park Drive has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Oct 2010.
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 16, Park Drive completed on 11th November 2011 at £311,000 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 risen by 125.4% over the period since November 2011.
Over the past 2 years 3 properties similar to 16, Park Drive have sold within a radius of 690 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th March 2024, was 6, Park Drive, London, SE7 8DY, a freehold house which sold for £490,000.
Read more about house prices in SE7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 42 addresses on Park Drive, London, SE7, 16, Park Drive comes out as the 34th largest and the 37th most expensive in our analysis of the public data.
It is also £62k more expensive than the average property across the SE7 district.
From 16, Park Drive, the nearest station is Woolwich Dockyard, 1.0 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 16, Park Drive, 34.9% of property is socially rented and 28.7% 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 16, Park Drive, 14.6% of residents are recorded as possessing school level qualifications and 45.5% 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 16, Park Drive, the average age was 36.1 and the most common age was 32.
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 16, Park Drive, 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 16, Park Drive, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
