40, Fairway Drive
40, Fairway Drive
Description & Estimates
40, Fairway Drive is described in the public record as a modern apartment with 462 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 40, Fairway Drive is £186,668 and its rental estimate is £1,370 per month, given the available information and assuming reasonable condition.
Fairway Drive, London, SE28 falls within the SE28 postal district, in the borough of Bexley.
Our Data Sources
40, Fairway Drive has no recent1 records in the the Land Registry and a single entry in the EPC database dated March 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 40, Fairway Drive, we estimate a market value of £196,002 and a rental value of £1,439 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £173,601 and £1,274 per month respectively.
Recent Market Change
Over the last year, 40, Fairway Drive has seen its estimated sale value drop by £2,334 (1.3%) and its estimated rental value rise by £67 per month (4.9%). This results in an estimated gross rental yield of 8.8%.
Energy Efficiency
40, Fairway Drive has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Mar 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 40, Fairway Drive completed on 29th October 2000 at £57,995 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
- Sold Oct 2000£57,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 40, Fairway Drive have sold within a radius of 700 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th August 2024, was 16, Pointer Close, London, SE28 8PN, 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 83 addresses on Fairway Drive, London, SE28, 40, Fairway Drive comes out as the 83rd largest and the 83rd most expensive in our analysis of the public data.
It is also £125k less expensive than the average property across the SE28 district.
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Schools Nearby
- 600mCastilion Primary School
- 800mBishop John Robinson Church of England Primary School
- 900mJubilee Primary School
- 1.4kmRiverside School
- 1.7kmWoolwich Polytechnic School for Girls
- 1.7kmWoolwich Polytechnic School
More reading links
Public Transport Nearby
From 40, Fairway Drive, the nearest station is Barking Riverside, 1.0 kilometres away.
- 1.0kmBarking Riverside
- 2.0kmDagenham Dock
- 2.2kmAbbey Wood
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.
