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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 5, Lancey Close is £358,892 and the estimated rental value is £1,871 per month.
Lancey Close, London, SE7 is located in the borough of Greenwich within the SE7 postal district.
5, Lancey Close has 2 entries in the Land Registry , most recently in March 2020 and a single entry in the EPC database dated March 2019.
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.
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 5, Lancey Close is in very good condition we estimate a sale value of £376,837 and a rental value of £1,964 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £333,770 and a rental value of £1,740 per month.
Over the last 12 months the sale value of 5 Lancey Close has decreased by an estimated £4,597 (1.3%) and its rental value has increased by an estimated £117 per month (6.3%), giving an expected gross yield of 6.3%.
5, Lancey Close has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Mar 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, Lancey Close was last sold on 12th March 2020 for £299,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since March 2020, the market for similar properties has risen 33.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Lancey Close within a radius of 570 metres over the last 2 years.
The most recent example is 10, Lancey Close, London, SE7 8DN, a leasehold house which sold for £307,000 on the 16th April 2018.
Read more about house prices in SE7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lancey Close, London, SE7 has a total of 25 addresses. According to our analysis of all the public data, 5, Lancey Close is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £97k less expensive than the average property in SE7.
The nearest school is Royal Greenwich Trust School which is 70 metres away. The nearest train station is Woolwich Dockyard which is 700 metres away.
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