2, Orchard Close
2, Orchard Close
Description & Estimates
2, Orchard Close is recorded publicly as a mid-century freehold house across 645 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Orchard Close is £492,214 and its rental estimate is £2,153 per month, given the available information and assuming reasonable condition.
Orchard Close, London, SE23 falls within the SE23 postal district, in the borough of Southwark.
Our Data Sources
2, Orchard Close has a single entry in the Land Registry from June 2023 and a single entry in the EPC database dated April 2017.
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.
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 2, Orchard Close, we estimate a market value of £516,825 and a rental value of £2,260 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £457,759 and £2,002 per month respectively.
Recent Market Change
Over the last year, 2, Orchard Close has seen its estimated sale value move up by £9,416 (1.9%) and its estimated rental value increase by £140 per month (6.5%). This results in an estimated gross rental yield of 5.2%.
Energy Efficiency
2, Orchard Close has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Apr 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Orchard Close completed on 1st June 2023 at £480,000 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 11.3% over the period since June 2023.
- Sold Jun 2023£480,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Orchard Close have sold within a radius of 510 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th May 2023, was 4, Orchard Close, London, SE23 3QN, a freehold house which sold for £440,000.
Read more about house prices in SE23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 6 addresses on Orchard Close, London, SE23, 2, Orchard Close comes out as the 6th largest and the 6th most expensive in our analysis of the public data.
It is also £79k less expensive than the average property across the SE23 district.
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Schools Nearby
- 300mFairlawn Primary School
- 700mHorniman Primary School
- 900mGoodrich Community Primary School
- 800mHarris Girls' Academy East Dulwich
- 1.1kmHarris Boys' Academy East Dulwich
- 1.8kmSydenham School
More reading links
Public Transport Nearby
From 2, Orchard Close, the nearest station is Honor Oak Park, 700 metres away.
- 700mHonor Oak Park
- 1.2kmForest Hill
- 1.4kmCrofton Park
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
