40C, Hanover Park
40C, Hanover Park
Description & Estimates
40C, Hanover Park is recorded publicly as a mid-century leasehold apartment across 516 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 40C, Hanover Park is £447,066 and its rental estimate is £2,096 per month, given the available information and assuming reasonable condition.
40, Hanover Park is a residential building on Hanover Park, London, SE15 and falls within the SE15 postal district and the London Borough of Southwark.
Our Data Sources
40C, Hanover Park has a single entry in the Land Registry from August 2018 and a single entry in the EPC database dated May 2024.
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 40C, Hanover Park, we estimate a market value of £469,420 and a rental value of £2,201 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £415,772 and £1,949 per month respectively.
Recent Market Change
Over the last year, 40C, Hanover Park has seen its estimated sale value move down by £8,113 (1.8%) and its estimated rental value increase by £110 per month (5.3%). This results in an estimated gross rental yield of 5.6%.
Energy Efficiency
40C, Hanover Park has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 May 2024.
The property is connected to mains gas and has fully triple glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 40C, Hanover Park completed on 3rd August 2018 at £290,000 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 2.3% over the period since August 2018.
- Sold Aug 2018£290,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 40C, Hanover Park have sold within a radius of 340 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th April 2024, was Apartment 63, 2, Woods Road, London, SE15 2PX, a leasehold flat which sold for £410,000.
Read more about house prices in SE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 202 addresses on Hanover Park, London, SE15, 40C, Hanover Park comes out as the 97th largest and the 67th most expensive in our analysis of the public data.
It is also £70k less expensive than the average property across the SE15 district.
More reading links
Schools Nearby
- 400mJohn Donne Primary School
- 500mSt James the Great Roman Catholic Primary School
- 500mHarris Primary Academy Peckham Park
- 500mHarris Academy Peckham
- 800mThe St Thomas the Apostle College
- 1.7kmHarris Boys' Academy East Dulwich
More reading links
Public Transport Nearby
From 40C, Hanover Park, the nearest station is Peckham Rye, 300 metres away.
- 300mPeckham Rye
- 700mQueens Road Peckham
- 700mQueens Road (Peckham)
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.
