27, Miles Drive
27, Miles Drive
Description & Estimates
27, Miles Drive is recorded publicly as a modern leasehold apartment across 602 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 27, Miles Drive is £234,680 and its rental estimate is £1,685 per month, given the available information and assuming reasonable condition.
Miles Drive, London, SE28 falls within the SE28 postal district, in the borough of Greenwich.
Our Data Sources
27, Miles Drive has 21 entries in the Land Registry , most recently in May 2019 and a single entry in the EPC database dated June 2018.
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 27, Miles Drive, we estimate a market value of £246,414 and a rental value of £1,769 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £218,252 and £1,567 per month respectively.
Recent Market Change
Over the last year, 27, Miles Drive has seen its estimated sale value decrease by £7,780 (3.3%) and its estimated rental value grow by £58 per month (3.4%). This results in an estimated gross rental yield of 8.6%.
Energy Efficiency
27, Miles Drive has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Jun 2018.
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 27, Miles Drive completed on 15th May 2019 at £200,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 4.5% over the period since May 2019.
- Sold May 2019£200,000
- Sold Mar 2004£148,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 27, Miles Drive have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th December 2024, was 75, Miles Drive, London, SE28 0NE, a leasehold flat which sold for £190,000.
Read more about house prices in SE28.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 136 addresses on Miles Drive, London, SE28, 27, Miles Drive comes out as the 111th largest and the 97th most expensive in our analysis of the public data.
It is also £77k less expensive than the average property across the SE28 district.
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Schools Nearby
- 500mDiscovery Primary School
- 1.0kmHeronsgate Primary School
- 1.6kmSt Patrick's Catholic Primary School
- 1.4kmWoolwich Polytechnic School
- 1.4kmWoolwich Polytechnic School for Girls
- 1.6kmSt Paul's Academy
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Public Transport Nearby
From 27, Miles Drive, the nearest station is Gallions Reach, 1.3 kilometres away.
- 1.3kmGallions Reach
- 1.4kmPlumstead
- 1.6kmWoolwich (Elizabeth line)
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.
