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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
6, The Old Post Office 61 is recorded publicly as a modern leasehold apartment across 538 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of 6, The Old Post Office 61 is £314,540 and its rental estimate is £1,616 per month, given the available information and assuming reasonable condition.
The Old Post Office, Devonshire Road is a residential building on Devonshire Road, London, SE23 and falls within the SE23 postal district and the London Borough of Lewisham.
6, The Old Post Office 61 has a single entry in the Land Registry from May 2014 and a single entry in the EPC database dated May 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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, The Old Post Office 61, we estimate a market value of £330,267 and a rental value of £1,697 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £292,522 and £1,503 per month respectively.
Over the last year, 6, The Old Post Office 61 has seen its estimated sale value increase by £3,769 (1.2%) and its estimated rental value grow by £87 per month (5.4%). This results in an estimated gross rental yield of 6.2%.
6, The Old Post Office 61 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 May 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, mains gas.
The most recent sale of 6, The Old Post Office 61 completed on 8th May 2014 at £250,000 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 risen by 27.3% over the period since May 2014.
Over the past 2 years 3 properties similar to 6, The Old Post Office 61 have sold within a radius of 350 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th September 2024, was Flat 12, Wenlock House 41, Stanstead Road, London, SE23 1HG, a leasehold flat which sold for £400,000.
Read more about house prices in SE23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 707 addresses on Devonshire Road, London, SE23, 6, The Old Post Office 61 comes out as the 525th largest and the 626th most expensive in our analysis of the public data.
It is also £257k less expensive than the average property across the SE23 district.
From 6, The Old Post Office 61, the nearest station is Forest Hill, 200 metres away.
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 6, The Old Post Office 61, 59.1% of property is privately rented and 16.4% 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 6, The Old Post Office 61, 9.7% of residents are recorded as possessing school level qualifications and 67.4% 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, The Old Post Office 61, the average age was 37.1 and the most common age was 32.
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, The Old Post Office 61, 0.3% 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, The Old Post Office 61, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
