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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 5, Redberry Grove is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 2,012 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Redberry Grove is £1,384,809 and the estimated rental value is £4,209 per month.
Redberry Grove, London, SE26 is located in the borough of Lewisham within the SE26 postal district.
5, Redberry Grove has 3 entries in the Land Registry , most recently in September 2021 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 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, Redberry Grove is in very good condition we estimate a sale value of £1,454,050 and a rental value of £4,420 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,287,873 and a rental value of £3,915 per month.
Over the last 12 months the sale value of 5 Redberry Grove has decreased by an estimated £25,173 (1.8%) and its rental value has increased by an estimated £120 per month (2.9%), giving an expected gross yield of 3.6%.
According to HM Land Registry, 5, Redberry Grove was last sold on 17th September 2021 for £1,428,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since September 2021, the market for similar properties has dropped 10.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Redberry Grove within a radius of 400 metres over the last 2 years.
The most recent example is 7, Albion Villas Road, London, SE26 4DB, a freehold house which sold for £1,482,500 on the 29th June 2022.
Read more about house prices in SE26.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Redberry Grove, London, SE26 has a total of 5 addresses. According to our analysis of all the public data, 5, Redberry Grove is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £891k more expensive than the average property in SE26.
The nearest school is Holy Trinity Church of England Primary School which is 100 metres away. The nearest train station is Forest Hill which is 500 metres away.
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