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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Flat 1, 56, Hichisson Road is recorded publicly as a modern leasehold apartment across 626 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 1, 56, Hichisson Road is £370,765 and its rental estimate is £2,090 per month, given the available information and assuming reasonable condition.
56, Hichisson Road is a residential building on Hichisson Road, London, SE15 and falls within the SE15 postal district and the London Borough of Southwark.
Flat 1, 56, Hichisson Road has a single entry in the Land Registry from July 2010 and a single entry in the EPC database dated October 2009.
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.
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 Flat 1, 56, Hichisson Road, we estimate a market value of £389,304 and a rental value of £2,194 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £344,812 and £1,943 per month respectively.
Over the last year, Flat 1, 56, Hichisson Road has seen its estimated sale value decline by £6,728 (1.8%) and its estimated rental value climb by £110 per month (5.3%). This results in an estimated gross rental yield of 6.8%.
Flat 1, 56, Hichisson Road has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Oct 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of Flat 1, 56, Hichisson Road completed on 23rd July 2010 at £202,000 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 47.3% over the period since July 2010.
Over the past 2 years 3 properties similar to Flat 1, 56, Hichisson Road have sold within a radius of 500 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd February 2024, was Flat 12, Print House 50, Stuart Road, London, SE15 3BE, a leasehold flat which sold for £375,000.
Read more about house prices in SE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 65 addresses on Hichisson Road, London, SE15, Flat 1, 56, Hichisson Road comes out as the 56th largest and the 56th most expensive in our analysis of the public data.
It is also £146k less expensive than the average property across the SE15 district.
From Flat 1, 56, Hichisson Road, the nearest station is Honor Oak Park, 900 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, 56, Hichisson Road, 37.1% of property is privately owned with a mortgage and 24.2% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 1, 56, Hichisson Road, 17.8% of residents are recorded as possessing school level qualifications and 69.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 1, 56, Hichisson Road, the average age was 35.4 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 1, 56, Hichisson Road, 0.6% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 1, 56, Hichisson Road, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
