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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, 57, Milford Close is a mid-century leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 57, Milford Close is £246,837 and the estimated rental value is £1,338 per month.
Milford Close, London, SE2 is located in the borough of Bexley within the SE2 postal district.
57, Milford Close has 21 entries in the Land Registry , most recently in December 2017 and a single entry in the EPC database dated July 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 57, Milford Close is in very good condition we estimate a sale value of £259,179 and a rental value of £1,405 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £229,558 and a rental value of £1,245 per month.
Over the last 12 months the sale value of 57 Milford Close has decreased by an estimated £6,583 (2.7%) and its rental value has increased by an estimated £54 per month (4.0%), giving an expected gross yield of 6.5%.
57, Milford Close has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Jul 2017.
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, 57, Milford Close was last sold on 4th December 2017 for £180,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since December 2017, the market for similar properties has dropped 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 57, Milford Close within a radius of 560 metres over the last 2 years.
The most recent example is 96, Milford Close, London, SE2 0DT, a leasehold flat which sold for £290,000 on the 27th September 2024.
Read more about house prices in SE2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Milford Close, London, SE2 has a total of 84 addresses. According to our analysis of all the public data, 57, Milford Close is the 11th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £101k less expensive than the average property in SE2.
The closest station to 57, Milford Close is Abbey Wood station which is 1.5 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 57, Milford Close, 42.2% of property is privately owned outright and 35.9% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 57, Milford Close, 18.6% of residents are recorded as possessing school level qualifications and 32.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 57, Milford Close, the average age was 41.7 and the most common age was 52.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 57, Milford Close, 0.6% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 57, Milford Close, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
