240, Verdant Lane
240, Verdant Lane
Description & Estimates
240, Verdant Lane is recorded publicly as an early-century freehold house across 1,237 ft2 of internal area, sitting on a 239 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 240, Verdant Lane is £574,634 and its rental estimate is £2,676 per month, given the available information and assuming reasonable condition.
Verdant Lane, London, SE6 falls within the SE6 postal district, in the borough of Lewisham.
Our Data Sources
240, Verdant Lane has a single entry in the Land Registry from March 2021 and a single entry in the EPC database dated May 2019.
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 240, Verdant Lane, we estimate a market value of £603,366 and a rental value of £2,810 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £534,410 and £2,489 per month respectively.
Recent Market Change
Over the last year, 240, Verdant Lane has seen its estimated sale value decline by £5,720 (1.0%) and its estimated rental value climb by £105 per month (3.9%). This results in an estimated gross rental yield of 5.6%.
Plot Size
HM Land Registry records the plot of land for 240, Verdant Lane as measuring 239 m2.
That makes it the 36th largest plot in the postcode, where 51 of the 53 other houses have recorded plot data.
Energy Efficiency
240, Verdant Lane has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 May 2019.
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 240, Verdant Lane completed on 5th March 2021 at £460,000 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 29.8% over the period since March 2021.
- Sold Mar 2021£460,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 240, Verdant Lane have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd August 2024, was 166, Verdant Lane, London, SE6 1LJ, a freehold house which sold for £614,000.
Read more about house prices in SE6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 336 addresses on Verdant Lane, London, SE6, 240, Verdant Lane comes out as the 79th largest and the 85th most expensive in our analysis of the public data.
It is also £125k more expensive than the average property across the SE6 district.
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Schools Nearby
- 300mForster Park Primary School
- 700mHaberdashers' Knights Primary
- 700mTorridon Primary School
- 1.0kmHaberdashers' Knights Academy
- 1.2kmBonus Pastor Catholic College
- 1.4kmConisborough College
More reading links
Public Transport Nearby
From 240, Verdant Lane, the nearest station is Grove Park, 1.2 kilometres away.
- 1.2kmGrove Park
- 1.6kmLee (London)
- 1.9kmHither Green
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.
