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Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 20, Union Park is £418,708 and its rental estimate is £2,154 per month, given the available information and assuming reasonable condition.
Union Park, London, SE10 falls within the SE10 postal district, in the borough of Greenwich.
20, Union Park has 41 entries in the Land Registry , most recently in May 2015 and a single entry in the EPC database dated June 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 20, Union Park, we estimate a market value of £439,644 and a rental value of £2,261 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £389,399 and £2,003 per month respectively.
Over the last year, 20, Union Park has seen its estimated sale value drop by £16,537 (3.9%) and its estimated rental value rise by £106 per month (4.9%). This results in an estimated gross rental yield of 6.2%.
20, Union Park has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Jun 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric underfloor heating.
The most recent sale of 20, Union Park completed on 22nd May 2015 at £425,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 1.0% over the period since May 2015.
Over the past 2 years 3 properties similar to 20, Union Park have sold within a radius of 290 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th July 2022, was Flat 6, 8, Lambarde Square, London, SE10 9GB, a leasehold flat which sold for £118,750.
Read more about house prices in SE10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 56 addresses on Union Park, London, SE10, 20, Union Park comes out as the 29th largest and the 27th most expensive in our analysis of the public data.
It is also £134k less expensive than the average property across the SE10 district.
From 20, Union Park, the nearest station is Westcombe Park, 500 metres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 20, Union Park, 31.3% of property is privately rented and 30.0% is privately owned with a mortgage.
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 20, Union Park, 16.2% of residents are recorded as possessing school level qualifications and 69.8% 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 20, Union Park, the average age was 34.4 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 20, Union Park, 1.8% 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 20, Union Park, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.