24, Milford Close
24, Milford Close
Description & Estimates
24, Milford Close is recorded publicly as a mid-century leasehold apartment across 613 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 24, Milford Close is £241,456 and its rental estimate is £1,375 per month, given the available information and assuming reasonable condition.
Milford Close, London, SE2 falls within the SE2 postal district, in the borough of Bexley.
Our Data Sources
24, Milford Close has 41 entries in the Land Registry , most recently in June 2023 and a single entry in the EPC database dated February 2023.
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 24, Milford Close, we estimate a market value of £253,529 and a rental value of £1,443 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £224,554 and £1,278 per month respectively.
Recent Market Change
Over the last year, 24, Milford Close has seen its estimated sale value move down by £6,440 (2.7%) and its estimated rental value increase by £55 per month (4.0%). This results in an estimated gross rental yield of 6.8%.
Energy Efficiency
24, Milford Close has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Feb 2023.
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 24, Milford Close completed on 22nd June 2023 at £270,000 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 7.1% over the period since June 2023.
- Sold Jun 2023£270,000
- Sold Jan 2004£121,000
- Sold Mar 2003£104,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 24, Milford Close have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th September 2024, was 96, Milford Close, London, SE2 0DT, a leasehold flat which sold for £290,000.
Read more about house prices in SE2.
- Sold Sep 2024£290,000 | 2 Bed Flat96, Milford Close, London, SE2 0DT96, Milford Close, London, SE2 0DT
- Sold Sep 2024£250,000 | 2 Bed Flat10, Milford Close, London, SE2 0DT10, Milford Close, London, SE2 0DT
- Sold Apr 2024£187,000 | 2 Bed Flat18, Milford Close, London, SE2 0DT18, Milford Close, London, SE2 0DT
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 84 addresses on Milford Close, London, SE2, 24, Milford Close comes out as the 12th largest and the 30th most expensive in our analysis of the public data.
It is also £106k less expensive than the average property across the SE2 district.
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Schools Nearby
- 200mBedonwell Infant and Nursery School
- 200mBedonwell Junior School
- 900mLessness Heath Primary School
- 1.8kmTrinity Church of England School, Belvedere
- 2.1kmWelling School
- 2.2kmLeigh Academy Bexley
More reading links
Public Transport Nearby
From 24, Milford Close, the nearest station is Abbey Wood, 1.5 kilometres away.
- 1.5kmAbbey Wood
- 1.7kmBelvedere
- 1.9kmBexleyheath
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.
