40, Vernham Road
40, Vernham Road
Description & Estimates
Public records show 40, Vernham Road to be a period freehold house with 1,517 ft2 of internal area, sitting on a 182 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
40, Vernham Road has an estimated sale value of £580,354 and an estimated rental value of £2,927 per month, assuming reasonable condition and based on the information available.
Vernham Road, London, SE18 lies in the borough of Greenwich, within the SE18 postal district.
Our Data Sources
40, Vernham Road has 21 entries in the Land Registry , most recently in November 2020 and a single entry in the EPC database dated May 2020.
We combine this information with that 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
In very good condition, we estimate 40, Vernham Road would be worth £609,371, with a potential rental value of £3,074 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £539,729, with a rental value of £2,722 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 40, Vernham Road has declined by £7,921 (1.4%) over the last year. During the same period, its estimated monthly rental value has climbed by £99 (3.4%). The property's estimated gross yield is currently 6.1%.
Plot Size
40, Vernham Road occupies a 182 m2 plot as recorded by HM Land Registry.
Of the 12 other houses in this postcode, 11 have recorded plot sizes, and this one ranks as the 6th largest.
Energy Efficiency
40, Vernham Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 May 2020.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
40, Vernham Road last changed hands on 4th November 2020, selling for £580,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 10.9% since November 2020.
- Sold Nov 2020£580,000
- Sold Oct 1997£87,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 360 metres of 40, Vernham Road across the last 2 years.
Most recently, 17, Vernham Road, London, SE18 3EY, a freehold house, sold at £600,000 on the 12th January 2024.
Read more about house prices in SE18.
•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 40, Vernham Road as the 23rd largest and the 35th most expensive of the 96 addresses on Vernham Road, London, SE18.
Against the SE18 postcode district average, it is £215k more expensive than the typical property.
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Schools Nearby
- 100mPlumcroft Primary School
- 500mSt Margaret's Church of England Primary School
- 500mNightingale Primary School
- 800mPlumstead Manor School
- 1.7kmArk Greenwich Free School
- 2.5kmRoyal Greenwich Trust School
More reading links
Public Transport Nearby
Woolwich Arsenal station is the nearest stop to 40, Vernham Road at 1.2 kilometres away.
- 1.2kmWoolwich Arsenal
- 1.4kmPlumstead
- 1.4kmWoolwich (Elizabeth line)
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.
