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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 48, Park Drive is £525,433 and the estimated rental value is £2,720 per month.
Park Drive, London, SE7 is located in the borough of Greenwich within the SE7 postal district.
48, Park Drive has 2 entries in the Land Registry , most recently in September 2020 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 4 out of 5 and is considered of high 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 48, Park Drive is in very good condition we estimate a sale value of £551,705 and a rental value of £2,856 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £488,653 and a rental value of £2,530 per month.
Over the last 12 months the sale value of 48 Park Drive has decreased by an estimated £649 (0.1%) and its rental value has increased by an estimated £157 per month (5.8%), giving an expected gross yield of 6.2%.
According to data from HM Land Registry, 48, Park Drive sits on a plot of 288m2.
We have plot size data on 24 out of 28 other houses in the postcode and 48, Park Drive sits on the 9th largest plot.
48, Park Drive has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 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, 48, Park Drive was last sold on 25th September 2020 for £500,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2020, the market for similar properties has risen 16.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Park Drive within a radius of 670 metres over the last 2 years.
The most recent example is 6, Park Drive, London, SE7 8DY, a freehold house which sold for £490,000 on the 28th March 2024.
Read more about house prices in SE7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Drive, London, SE7 has a total of 42 addresses. According to our analysis of all the public data, 48, Park Drive is the 33rd largest and the 36th most expensive property on the street.
When compared to the postcode district it is £65k more expensive than the average property in SE7.
The nearest school is Thorntree Primary School which is 600 metres away. The nearest train station is Woolwich Dockyard which is 1.0 kilometres away.
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