47, Mercator Road
47, Mercator Road
Description & Estimates
47, Mercator Road is recorded publicly as a mid-century leasehold apartment across 742 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 47, Mercator Road is £319,835 and its rental estimate is £1,779 per month, given the available information and assuming reasonable condition.
Mercator Road, London, SE13 falls within the SE13 postal district, in the borough of Lewisham.
Our Data Sources
47, Mercator Road has 21 entries in the Land Registry , most recently in January 2018 and a single entry in the EPC database dated April 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 47, Mercator Road, we estimate a market value of £335,827 and a rental value of £1,867 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £297,447 and £1,654 per month respectively.
Recent Market Change
Over the last year, 47, Mercator Road has seen its estimated sale value move down by £2,676 (0.8%) and its estimated rental value increase by £94 per month (5.3%). This results in an estimated gross rental yield of 6.7%.
Energy Efficiency
47, Mercator Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Apr 2014.
The property is not 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 47, Mercator Road completed on 4th January 2018 at £320,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 19.6% over the period since January 2018.
- Sold Jan 2018£320,000
- Sold Jul 1998£49,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 47, Mercator Road have sold within a radius of 320 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st October 2024, was Flat 10, Clavering House, Blessington Road, London, SE13 5EF, a leasehold flat which sold for £305,000.
Read more about house prices in SE13.
- Sold Oct 2024£305,000 | 2 Bed FlatClavering House, Blessington RoadFlat 10, Clavering House, Blessington Road, London, SE13 5EF
- Sold Mar 2024£250,000 | 2 Bed FlatClavering House, Blessington RoadFlat 15, Clavering House, Blessington Road, London, SE13 5EF
- Sold Aug 2021£314,590 | 2 Bed FlatChesney House, Mercator RoadFlat 29, Chesney House, Mercator Road, London, SE13 5EJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 144 addresses on Mercator Road, London, SE13, 47, Mercator Road comes out as the 46th largest and the 38th most expensive in our analysis of the public data.
It is also £152k less expensive than the average property across the SE13 district.
More reading links
Schools Nearby
- 400mSt Saviour's Catholic Primary School
- 700mSt Margaret's Lee CofE Primary School
- 900mJohn Ball Primary School
- 1.5kmPrendergast School
- 1.7kmSt Ursula's Convent School
More reading links
Public Transport Nearby
From 47, Mercator Road, the nearest station is Lewisham, 700 metres away.
- 700mLewisham
- 1.0kmHither Green
- 1.0kmBlackheath
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.
