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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, 7, Addison Drive is a mid-century freehold house with 1,743 ft2 of internal area and sits on a 132 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Addison Drive is £526,780 and the estimated rental value is £2,231 per month.
Addison Drive, London, SE12 is located in the borough of Greenwich within the SE12 postal district.
7, Addison Drive has 31 entries in the Land Registry , most recently in December 2017 and a single entry in the EPC database dated May 2015.
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.
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 7, Addison Drive is in very good condition we estimate a sale value of £553,119 and a rental value of £2,342 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £489,906 and a rental value of £2,075 per month.
Over the last 12 months the sale value of 7 Addison Drive has decreased by an estimated £3,559 (0.7%) and its rental value has increased by an estimated £103 per month (4.6%), giving an expected gross yield of 5.1%.
According to data from HM Land Registry, 7, Addison Drive sits on a plot of 132m2.
We have plot size data on 7 out of 19 other houses in the postcode and 7, Addison Drive sits on the 2nd largest plot.
7, Addison Drive has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 May 2015.
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, 7, Addison Drive was last sold on 19th December 2017 for £450,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since December 2017, the market for similar properties has risen 0.2%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 7, Addison Drive within a radius of 590 metres over the last 2 years.
The most recent example is 1, Horn Park Close, London, SE12 8UW, a freehold house which sold for £232,500 on the 27th June 2012.
Read more about house prices in SE12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Addison Drive, London, SE12 has a total of 19 addresses. According to our analysis of all the public data, 7, Addison Drive is the largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £54k more expensive than the average property in SE12.
The closest station to 7, Addison Drive is Lee (London) station which is 800 metres 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 7, Addison Drive, 31.2% of property is privately rented and 26.8% is privately owned outright.
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 7, Addison Drive, 18.5% of residents are recorded as possessing school level qualifications and 43.0% 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 7, Addison Drive, the average age was 37.2 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 7, Addison Drive, 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 7, Addison Drive, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
