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According to the public record, 8, Park Drive is a early-century freehold house with 1,280 ft2 of internal area and sits on a 248 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 8, Park Drive is £592,806 and the estimated rental value is £2,969 per month.
Park Drive, London, SE7 is located in the borough of Greenwich within the SE7 postal district.
8, Park Drive has a single entry in the Land Registry from April 2018 and a single entry in the EPC database dated July 2017.
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.
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 8, Park Drive is in very good condition we estimate a sale value of £622,447 and a rental value of £3,118 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £551,310 and a rental value of £2,762 per month.
Over the last 12 months the sale value of 8 Park Drive has decreased by an estimated £7,977 (1.3%) and its rental value has increased by an estimated £140 per month (4.7%), giving an expected gross yield of 6%.
According to data from HM Land Registry, 8, Park Drive sits on a plot of 248m2.
We have plot size data on 24 out of 28 other houses in the postcode and 8, Park Drive sits on the 20th largest plot.
8, Park Drive has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Jul 2017.
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, 8, Park Drive was last sold on 27th April 2018 for £506,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2018, the market for similar properties has risen 22.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Park Drive within a radius of 700 metres over the last 2 years.
The most recent example is 6, Park Drive, London, SE7 8DY, a freehold house which sold for £490,000 on the 28th March 2024.
Read more about house prices in SE7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Drive, London, SE7 has a total of 42 addresses. According to our analysis of all the public data, 8, Park Drive is the 14th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £132k more expensive than the average property in SE7.
The nearest school is Thorntree Primary School which is 600 metres away. The nearest train station is Woolwich Dockyard which is 1.0 kilometres away.
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