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The property has 89 years remaining on the lease.
Based on available information, and assuming reasonable condition, the estimated sale value for 240, Sangley Road is £281,499 and the estimated rental value is £1,612 per month.
Sangley Road, London, SE6 is located in the borough of Lewisham within the SE6 postal district.
240, Sangley Road has been updated by Mark Beaumont. This data along with public information allows us to provide estimates for both this and neighbouring properties.
The local information is scored as 4 out of 5 and is considered of high 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 240, Sangley Road is in very good condition we estimate a sale value of £295,574 and a rental value of £1,692 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £261,794 and a rental value of £1,499 per month.
Over the last 12 months the sale value of 240 Sangley Road has decreased by an estimated £1,046 (0.4%) and its rental value has increased by an estimated £81 per month (5.0%), giving an expected gross yield of 6.9%.
240, Sangley Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Jan 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to Mark Beaumont and HM Land Registry, 240, Sangley Road was last sold on 21st June 2024 for £260,000 and was recorded as a leasehold flat.
The selling agent was Mark Beaumont. The property has had 2 sales since 1995.
Since June 2024, the market for similar properties has risen 4.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 240, Sangley Road within a radius of 370 metres over the last 2 years.
The most recent example is 216, Sangley Road, London, SE6 2JS, a leasehold flat which sold for £317,000 on the 9th February 2024.
Read more about house prices in SE6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sangley Road, London, SE6 has a total of 276 addresses. According to our analysis of all the public data, 240, Sangley Road is the 211th largest and the 229th most expensive property on the street.
When compared to the postcode district it is £168k less expensive than the average property in SE6.
The nearest school is Holy Cross Catholic Primary School which is 300 metres away. The nearest train station is Catford Bridge which is 900 metres away.
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