8, Mill Lane
8, Mill Lane
Description & Estimates
8, Mill Lane is described in the public record as a mid-century house with 1,216 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 8, Mill Lane is £403,219 and its rental estimate is £2,299 per month, given the available information and assuming reasonable condition.
Mill Lane, London, SE18 falls within the SE18 postal district, in the borough of Greenwich.
Our Data Sources
8, Mill Lane has no records in the the Land Registry and a single entry in the EPC database dated July 2023.
We combine this information with public data 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.
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 8, Mill Lane, we estimate a market value of £423,380 and a rental value of £2,414 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £374,993 and £2,138 per month respectively.
Recent Market Change
Over the last year, 8, Mill Lane has seen its estimated sale value drop by £5,504 (1.4%) and its estimated rental value rise by £78 per month (3.4%). This results in an estimated gross rental yield of 6.8%.
Energy Efficiency
8, Mill Lane has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Jul 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Mill Lane have sold within a radius of 360 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st October 2024, was 23, Willenhall Road, London, SE18 6TY, a freehold house which sold for £446,000.
Read more about house prices in SE18.
- Sold Oct 2024£446,000 | 3 Bed House23, Willenhall Road, London, SE18 6TY23, Willenhall Road, London, SE18 6TY
- Sold Sep 2022£434,000 | 3 Bed House8, Bignell Road, London, SE18 6SB8, Bignell Road, London, SE18 6SB
- Sold Aug 2019£370,000 | 4 Bed House91, Gunner Lane, London, SE18 6XN91, Gunner Lane, London, SE18 6XN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 16 addresses on Mill Lane, London, SE18, 8, Mill Lane comes out as the 4th largest and the 3rd most expensive in our analysis of the public data.
It is also £38k more expensive than the average property across the SE18 district.
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Schools Nearby
- 400mSt Peter's Catholic Primary School
- 500mMulgrave Primary School
- 500mNotre Dame Catholic Primary School
- 1.4kmPlumstead Manor School
- 1.6kmRoyal Greenwich Trust School
- 1.6kmArk Greenwich Free School
More reading links
Public Transport Nearby
From 8, Mill Lane, the nearest station is Woolwich Arsenal, 700 metres away.
- 700mWoolwich Arsenal
- 900mWoolwich (Elizabeth line)
- 900mWoolwich
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
