Flat 1502, 2
Flat 1502, 2
Description & Estimates
The public record describes Flat 1502, 2, Cutter Lane as a modern apartment with 828 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 1502, 2, Cutter Lane has an estimated sale value of £722,501 and an estimated rental value of £3,080 per month, assuming reasonable condition and based on the information available.
The apartment sits within 2, Cutter Lane, London, SE10.
Cutter Lane, London, SE10 lies in the borough of Greenwich, within the SE10 postal district.
Our Data Sources
Flat 1502, 2, Cutter Lane has no records in the the Land Registry and a single entry in the EPC database dated January 2020.
We combine this information with public data 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
In very good condition, we estimate Flat 1502, 2, Cutter Lane would be worth £758,626, with a potential rental value of £3,234 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £671,926, with a rental value of £2,865 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 1502, 2, Cutter Lane has decreased by £27,293 (3.8%) over the last year. During the same period, its estimated monthly rental value has grown by £156 (5.1%). The property's estimated gross yield is currently 5.1%.
Energy Efficiency
Flat 1502, 2, Cutter Lane has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Jan 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 530 metres of Flat 1502, 2, Cutter Lane across the last 2 years.
Most recently, Flat 1002, 2, Cutter Lane, London, SE10 0ZT, a leasehold flat, sold at £780,000 on the 11th June 2024.
Read more about house prices in SE10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 1502, 2, Cutter Lane as the 314th largest and the 283rd most expensive of the 900 addresses on Cutter Lane, London, SE10.
Against the SE10 postcode district average, it is £169k more expensive than the typical property.
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Schools Nearby
- 800mMillennium Primary School
- 1.2kmBritannia Village Primary School
- 1.3kmMulberry Wood Wharf Primary School
- 1.3kmOasis Academy Silvertown
- 1.8kmCanary Wharf College Crossharbour
- 1.8kmGeorge Green's School
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Public Transport Nearby
North Greenwich station is the nearest stop to Flat 1502, 2, Cutter Lane at 400 metres away.
- 400mNorth Greenwich
- 800mCanary Wharf (Elizabeth line)
- 1.1kmWest Silvertown
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
