40, Milford Close
40, Milford Close
Description & Estimates
According to the public record, 40, Milford Close is a mid-century leasehold apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Milford Close is £239,256 and the estimated rental value is £1,363 per month.
Milford Close, London, SE2 is located in the borough of Bexley within the SE2 postal district.
Our Data Sources
40, Milford Close has 41 entries in the Land Registry , most recently in March 2020 and a single entry in the EPC database dated February 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
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 40, Milford Close is in very good condition we estimate a sale value of £251,219 and a rental value of £1,431 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £222,508 and a rental value of £1,267 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 40, Milford Close has dropped by £6,381 (2.7%), while its estimated rental value has risen by £55 per month (4.0%). Based on current estimates, the property offers a gross rental yield of 6.8%.
Energy Efficiency
40, Milford Close has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Feb 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
According to HM Land Registry, 40, Milford Close was last sold on 27th March 2020 for £235,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since March 2020, the market for similar properties has risen by 0.9%.
- Sold Mar 2020£235,000
- Sold Dec 2007£163,000
- Sold May 2004£130,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Milford Close within a radius of 530 metres over the last 2 years.
The most recent example is 96, Milford Close, London, SE2 0DT, a leasehold flat which sold for £290,000 on the 27th September 2024.
Read more about house prices in SE2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Milford Close, London, SE2 has a total of 84 addresses. According to our analysis of all the public data, 40, Milford Close is the 18th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £109k less expensive than the average property in SE2.
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Schools Nearby
- 200mBedonwell Infant and Nursery School
- 200mBedonwell Junior School
- 900mLessness Heath Primary School
- 1.8kmTrinity Church of England School, Belvedere
- 2.1kmWelling School
- 2.2kmLeigh Academy Bexley
More reading links
Public Transport Nearby
The closest station to 40, Milford Close is Abbey Wood station, which is 1.5 kilometres away.
- 1.5kmAbbey Wood
- 1.7kmBelvedere
- 1.9kmBexleyheath
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
