97, Sandstone Road
97, Sandstone Road
Description & Estimates
97, Sandstone Road is recorded publicly as a mid-century leasehold apartment across 699 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 97, Sandstone Road is £244,853 and its rental estimate is £1,409 per month, given the available information and assuming reasonable condition.
Sandstone Road, London, SE12 falls within the SE12 postal district, in the borough of Lewisham.
Our Data Sources
97, Sandstone Road has 41 entries in the Land Registry , most recently in October 2019 and a single entry in the EPC database dated February 2019.
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
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 97, Sandstone Road, we estimate a market value of £257,095 and a rental value of £1,479 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £227,713 and £1,310 per month respectively.
Recent Market Change
Over the last year, 97, Sandstone Road has seen its estimated sale value fall by £1,126 (0.5%) and its estimated rental value move up by £64 per month (4.5%). This results in an estimated gross rental yield of 6.9%.
Energy Efficiency
97, Sandstone Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Feb 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 97, Sandstone Road completed on 18th October 2019 at £248,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 11.6% over the period since October 2019.
- Sold Oct 2019£248,000
- Sold Nov 2007£165,000
- Sold Nov 1998£47,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 97, Sandstone Road have sold within a radius of 510 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th April 2024, was 101, Sandstone Road, London, SE12 0UT, a leasehold flat which sold for £255,000.
Read more about house prices in SE12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 111 addresses on Sandstone Road, London, SE12, 97, Sandstone Road comes out as the 88th largest and the 71st most expensive in our analysis of the public data.
It is also £227k less expensive than the average property across the SE12 district.
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Schools Nearby
- 200mCooper's Lane Primary School
- 500mHaberdashers' Knights Primary
- 1.0kmHorn Park Primary School
- 900mHaberdashers' Knights Academy
- 1.9kmBonus Pastor Catholic College
- 2.1kmHarris Academy Greenwich
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Public Transport Nearby
From 97, Sandstone Road, the nearest station is Grove Park, 600 metres away.
- 600mGrove Park
- 1.7kmLee (London)
- 2.0kmMottingham
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
