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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
According to the public record, 6, Mere Road is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 648 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 6, Mere Road is £215,893 and the estimated rental value is £1,411 per month.
Mere Road, London, SE2 is located in the borough of Bexley within the SE2 postal district.
6, Mere Road has a single entry in the Land Registry from January 2011 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.
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 6, Mere Road is in very good condition we estimate a sale value of £226,687 and a rental value of £1,481 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £200,780 and a rental value of £1,312 per month.
Over the last 12 months the sale value of 6 Mere Road has decreased by an estimated £816 (0.4%) and its rental value has increased by an estimated £58 per month (4.1%), giving an expected gross yield of 7.8%.
According to HM Land Registry, 6, Mere Road was last sold on 28th January 2011 for £135,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2011, the market for similar properties has risen 193.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Mere Road within a radius of 360 metres over the last 2 years.
The most recent example is Flat 4, Trewsbury House, Hartslock Drive, London, SE2 9UY, a leasehold flat which sold for £147,500 on the 22nd April 2016.
Read more about house prices in SE2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mere Road, London, SE2 has a total of 3 addresses. According to our analysis of all the public data, 6, Mere Road is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £142k less expensive than the average property in SE2.
The closest station to 6, Mere Road is Abbey Wood station which is 600 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 6, Mere Road, 79.5% of property is socially rented and 11.0% is privately rented.
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 6, Mere Road, 29.2% of residents are recorded as possessing school level qualifications and 35.5% 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 6, Mere Road, the average age was 36.3 and the most common age was 12.
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 6, Mere Road, 0.0% 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 6, Mere Road, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
