40B, Walmer Terrace
40B, Walmer Terrace
Description & Estimates
40B, Walmer Terrace is recorded publicly as a mid-century leasehold apartment across 839 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 40B, Walmer Terrace is £239,214 and its rental estimate is £1,469 per month, given the available information and assuming reasonable condition.
40, Walmer Terrace is a residential building on Walmer Terrace, London, SE18 and falls within the SE18 postal district and the London Borough of Greenwich.
Our Data Sources
40B, Walmer Terrace has a single entry in the Land Registry from November 2014 and a single entry in the EPC database dated October 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 40B, Walmer Terrace, we estimate a market value of £251,175 and a rental value of £1,542 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £222,469 and £1,366 per month respectively.
Recent Market Change
Over the last year, 40B, Walmer Terrace has seen its estimated sale value decline by £1,781 (0.7%) and its estimated rental value climb by £53 per month (3.6%). This results in an estimated gross rental yield of 7.4%.
Energy Efficiency
40B, Walmer Terrace has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Oct 2024.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 40B, Walmer Terrace completed on 28th November 2014 at £148,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 71.8% over the period since November 2014.
- Sold Nov 2014£148,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 40B, Walmer Terrace have sold within a radius of 400 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th November 2024, was 119, Plumstead Road, London, SE18 7DW, a leasehold flat which sold for £266,000.
Read more about house prices in SE18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 235 addresses on Walmer Terrace, London, SE18, 40B, Walmer Terrace comes out as the 43rd largest and the 160th most expensive in our analysis of the public data.
It is also £126k less expensive than the average property across the SE18 district.
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Schools Nearby
- 300mSt Patrick's Catholic Primary School
- 300mSouth Rise Primary School
- 500mConway Primary School
- 700mPlumstead Manor School
- 1.7kmSt Paul's Academy
- 2.3kmLondon Design and Engineering UTC
More reading links
Public Transport Nearby
From 40B, Walmer Terrace, the nearest station is Plumstead, 200 metres away.
- 200mPlumstead
- 800mWoolwich (Elizabeth line)
- 900mWoolwich Arsenal
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.
