48, Portmeadow Walk
48, Portmeadow Walk
Description & Estimates
48, Portmeadow Walk appears in the public record as a Leasehold apartment.
We estimate it to be a mid-century apartment with 639 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 48, Portmeadow Walk is £141,792 and its rental estimate is £954 per month, given the available information and assuming reasonable condition.
Portmeadow Walk, London, SE2 falls within the SE2 postal district, in the borough of Bexley.
Our Data Sources
48, Portmeadow Walk has a single entry in the Land Registry from March 2009 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 48, Portmeadow Walk, we estimate a market value of £148,881 and a rental value of £1,002 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £131,866 and £887 per month respectively.
Recent Market Change
Over the last year, 48, Portmeadow Walk has seen its estimated sale value drop by £3,782 (2.7%) and its estimated rental value rise by £38 per month (4.0%). This results in an estimated gross rental yield of 8.1%.
Sold Prices
The most recent sale of 48, Portmeadow Walk completed on 27th March 2009 at £129,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 194.8% over the period since March 2009.
- Sold Mar 2009£129,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 48, Portmeadow Walk have sold within a radius of 410 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd May 2023, was Flat 35, Oakenholt House, Hartslock Drive, London, SE2 9UX, a leasehold flat which sold for £161,000.
Read more about house prices in SE2.
- Sold May 2023£161,000 | 2 Bed FlatOakenholt House, Hartslock DriveFlat 35, Oakenholt House, Hartslock Drive, London, SE2 9UX
- Sold Apr 2021£138,750 | 2 Bed FlatPenton House, Hartslock DriveFlat 19, Penton House, Hartslock Drive, London, SE2 9UZ
- Sold Nov 2017£158,000 | 2 Bed FlatMaplin House, Wolvercote RoadFlat 43, Maplin House, Wolvercote Road, London, SE2 9TH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 80 addresses on Portmeadow Walk, London, SE2, 48, Portmeadow Walk comes out as the 80th largest and the 80th most expensive in our analysis of the public data.
It is also £206k less expensive than the average property across the SE2 district.
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Schools Nearby
- 200mWillow Bank Primary School
- 500mSt John Fisher Catholic Primary School
- 800mParkway Primary School
- 1.3kmWoolwich Polytechnic School for Girls
- 1.4kmWoolwich Polytechnic School
- 1.6kmSt Paul's Academy
More reading links
Public Transport Nearby
From 48, Portmeadow Walk, the nearest station is Abbey Wood, 800 metres away.
- 800mAbbey Wood
- 1.9kmBelvedere
- 2.3kmBarking Riverside
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
