6, Milford Close
6, Milford Close
Description & Estimates
6, Milford Close is recorded publicly as a mid-century leasehold apartment across 538 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 6, Milford Close is £225,702 and its rental estimate is £1,289 per month, given the available information and assuming reasonable condition.
Milford Close, London, SE2 falls within the SE2 postal district, in the borough of Bexley.
Our Data Sources
6, Milford Close has a single entry in the Land Registry from March 2022 and a single entry in the EPC database dated October 2021.
We combine this information with that of neighbouring properties to estimate the property 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 6, Milford Close, we estimate a market value of £236,987 and a rental value of £1,353 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £209,902 and £1,198 per month respectively.
Recent Market Change
Over the last year, 6, Milford Close has seen its estimated sale value decrease by £6,020 (2.7%) and its estimated rental value grow by £52 per month (4.0%). This results in an estimated gross rental yield of 6.9%.
Energy Efficiency
6, Milford Close has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Oct 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 6, Milford Close completed on 23rd March 2022 at £255,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 5.1% over the period since March 2022.
- Sold Mar 2022£255,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 6, Milford Close have sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th September 2024, was 10, Milford Close, London, SE2 0DT, a leasehold flat which sold for £250,000.
Read more about house prices in SE2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 84 addresses on Milford Close, London, SE2, 6, Milford Close comes out as the 68th largest and the 63rd most expensive in our analysis of the public data.
It is also £122k less expensive than the average property across the SE2 district.
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Schools Nearby
- 200mBedonwell Infant and Nursery School
- 200mBedonwell Junior School
- 900mLessness Heath Primary School
- 1.8kmTrinity Church of England School, Belvedere
- 2.1kmWelling School
- 2.2kmLeigh Academy Bexley
More reading links
Public Transport Nearby
From 6, Milford Close, the nearest station is Abbey Wood, 1.5 kilometres away.
- 1.5kmAbbey Wood
- 1.7kmBelvedere
- 1.9kmBexleyheath
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.
