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According to the public record, 40, Ringmore Rise is a early-century freehold house with 764 ft2 of internal area and sits on a 686 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Ringmore Rise is £942,607 and the estimated rental value is £3,182 per month.
Ringmore Rise, London, SE23 is located in the borough of Lewisham within the SE23 postal district.
40, Ringmore Rise has a single entry in the Land Registry from January 2021 and a single entry in the EPC database dated July 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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, Ringmore Rise is in very good condition we estimate a sale value of £989,738 and a rental value of £3,341 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £876,625 and a rental value of £2,959 per month.
Over the last 12 months the sale value of 40 Ringmore Rise has increased by an estimated £18,033 (1.9%) and its rental value has increased by an estimated £207 per month (6.5%), giving an expected gross yield of 4.1%.
According to data from HM Land Registry, 40, Ringmore Rise sits on a plot of 686m2.
We have plot size data on 28 out of 28 other houses in the postcode and 40, Ringmore Rise sits on the 2nd largest plot.
40, Ringmore Rise has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 13 Jul 2020.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 40, Ringmore Rise was last sold on 21st January 2021 for £875,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2021, the market for similar properties has dropped 4.4%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 40, Ringmore Rise within a radius of 470 metres over the last 2 years.
The most recent example is 46, Ringmore Rise, London, SE23 3DE, a freehold house which sold for £543,210 on the 31st October 2013.
Read more about house prices in SE23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ringmore Rise, London, SE23 has a total of 52 addresses. According to our analysis of all the public data, 40, Ringmore Rise is the 51st largest and the 38th most expensive property on the street.
When compared to the postcode district it is £372k more expensive than the average property in SE23.
The nearest school is Horniman Primary School which is 100 metres away. The nearest train station is Forest Hill which is 800 metres away.
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