8, Milford Close
8, Milford Close
Description & Estimates
Public records show 8, Milford Close to be a mid-century leasehold apartment with 592 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
8, Milford Close has an estimated sale value of £237,039 and an estimated rental value of £1,351 per month, assuming reasonable condition and based on the information available.
Milford Close, London, SE2 lies in the borough of Bexley, within the SE2 postal district.
Our Data Sources
8, Milford Close has 2 entries in the Land Registry , most recently in August 2015 and a single entry in the EPC database dated January 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
In very good condition, we estimate 8, Milford Close would be worth £248,891, with a potential rental value of £1,418 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £220,447, with a rental value of £1,256 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 8, Milford Close has fallen by £6,322 (2.7%) over the last year. During the same period, its estimated monthly rental value has moved up by £54 (4.0%). The property's estimated gross yield is currently 6.8%.
Energy Efficiency
8, Milford Close has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Jan 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
8, Milford Close last changed hands on 14th August 2015, selling for £200,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 15.7% since August 2015.
- Sold Aug 2015£200,000
- Sold Jul 2012£140,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 540 metres of 8, Milford Close across the last 2 years.
Most recently, 10, Milford Close, London, SE2 0DT, a leasehold flat, sold at £250,000 on the 9th September 2024.
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
Our analysis of the public data ranks 8, Milford Close as the 24th largest and the 40th most expensive of the 84 addresses on Milford Close, London, SE2.
Against the SE2 postcode district average, it is £111k less expensive than the typical property.
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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
Abbey Wood station is the nearest stop to 8, Milford Close at 1.5 kilometres away.
- 1.5kmAbbey Wood
- 1.7kmBelvedere
- 1.9kmBexleyheath
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
