54, Chestnut Rise
54, Chestnut Rise
Description & Estimates
54, Chestnut Rise appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a period house with 2,274 ft2 of internal area and a garden.
Locally, houses of this size normally have 5 bedrooms.
Our estimate of the sale value of 54, Chestnut Rise is £739,809 and its rental estimate is £3,873 per month, given the available information and assuming reasonable condition.
Chestnut Rise, London, SE18 falls within the SE18 postal district, in the borough of Greenwich.
Our Data Sources
54, Chestnut Rise has 21 entries in the Land Registry , most recently in June 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 4 out of 5 and is considered of high 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 54, Chestnut Rise, we estimate a market value of £776,799 and a rental value of £4,067 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £688,022 and £3,602 per month respectively.
Recent Market Change
Over the last year, 54, Chestnut Rise has seen its estimated sale value decline by £17,256 (2.3%) and its estimated rental value climb by £95 per month (2.4%). This results in an estimated gross rental yield of 6.3%.
Sold Prices
The most recent sale of 54, Chestnut Rise completed on 28th June 2021 at £950,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 6.8% over the period since June 2021.
- Sold Jun 2021£950,000
- Sold Oct 2004£250,000
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to 54, Chestnut Rise has sold within a radius of 370 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st July 2019, was 100, Chestnut Rise, London, SE18 1RL, a freehold house which sold for £2,510,000.
Read more about house prices in SE18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 160 addresses on Chestnut Rise, London, SE18, 54, Chestnut Rise comes out as the largest and the most expensive in our analysis of the public data.
It is also £375k more expensive than the average property across the SE18 district.
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Schools Nearby
- 400mGreenslade Primary School
- 400mSouth Rise Primary School
- 500mConway Primary School
- 200mPlumstead Manor School
- 1.7kmSt Paul's Academy
- 2.5kmWelling School
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Public Transport Nearby
From 54, Chestnut Rise, the nearest station is Plumstead, 700 metres away.
- 700mPlumstead
- 1.4kmWoolwich Arsenal
- 1.4kmWoolwich (Elizabeth line)
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.
