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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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According to the public record, 2, Richard Close is a mid-century freehold house with 818 ft2 of internal area and sits on a 120 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Richard Close is £404,462 and the estimated rental value is £2,330 per month.
Richard Close, London, SE18 is located in the borough of Greenwich within the SE18 postal district.
2, Richard Close has a single entry in the Land Registry from January 2021 and a single entry in the EPC database dated June 2020.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Richard Close is in very good condition we estimate a sale value of £424,685 and a rental value of £2,446 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £376,150 and a rental value of £2,166 per month.
Over the last 12 months the sale value of 2 Richard Close has decreased by an estimated £7,096 (1.8%) and its rental value has increased by an estimated £105 per month (4.5%), giving an expected gross yield of 6.9%.
According to data from HM Land Registry, 2, Richard Close sits on a plot of 120m2.
We have plot size data on 4 out of 7 other houses in the postcode and 2, Richard Close sits on the 3rd largest plot.
2, Richard Close has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Jun 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Richard Close was last sold on 29th January 2021 for £390,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2021, the market for similar properties has risen 13.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Richard Close within a radius of 380 metres over the last 2 years.
The most recent example is 3, Kidd Place, London, SE7 8HG, a freehold house which sold for £350,000 on the 20th September 2024.
Read more about house prices in SE18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Richard Close, London, SE18 has a total of 7 addresses. According to our analysis of all the public data, 2, Richard Close is the 7th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £44k more expensive than the average property in SE18.
The closest station to 2, Richard Close is Woolwich Dockyard station which is 400 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Richard Close, 62.4% of property is socially rented and 15.4% 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 2, Richard Close, 26.9% of residents are recorded as possessing school level qualifications and 32.8% 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 2, Richard Close, the average age was 34.7 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 2, Richard Close, 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 2, Richard Close, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
