242, Verdant Lane
242, Verdant Lane
Description & Estimates
Public records show 242, Verdant Lane to be an early-century freehold house with 1,248 ft2 of internal area, sitting on a 258 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
242, Verdant Lane has an estimated sale value of £577,217 and an estimated rental value of £2,684 per month, assuming reasonable condition and based on the information available.
Verdant Lane, London, SE6 lies in the borough of Lewisham, within the SE6 postal district.
Our Data Sources
242, Verdant Lane has a single entry in the Land Registry from September 2015 and a single entry in the EPC database dated June 2015.
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
In very good condition, we estimate 242, Verdant Lane would be worth £606,078, with a potential rental value of £2,818 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £536,812, with a rental value of £2,496 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 242, Verdant Lane has dropped by £5,746 (1.0%) over the last year. During the same period, its estimated monthly rental value has risen by £106 (3.9%). The property's estimated gross yield is currently 5.6%.
Plot Size
242, Verdant Lane occupies a 258 m2 plot as recorded by HM Land Registry.
Of the 53 other houses in this postcode, 51 have recorded plot sizes, and this one ranks as the 23rd largest.
Energy Efficiency
242, Verdant Lane has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Jun 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
242, Verdant Lane last changed hands on 23rd September 2015, selling for £440,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 52.5% since September 2015.
- Sold Sep 2015£440,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 490 metres of 242, Verdant Lane across the last 2 years.
Most recently, 166, Verdant Lane, London, SE6 1LJ, a freehold house, sold at £614,000 on the 23rd August 2024.
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
Our analysis of the public data ranks 242, Verdant Lane as the 76th largest and the 84th most expensive of the 336 addresses on Verdant Lane, London, SE6.
Against the SE6 postcode district average, it is £128k more expensive than the typical property.
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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
Grove Park station is the nearest stop to 242, Verdant Lane at 1.2 kilometres away.
- 1.2kmGrove Park
- 1.6kmLee (London)
- 1.9kmHither Green
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
