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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 16, Cedars House is described in the public record as an early-century apartment with 516 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 16, Cedars House is £228,438 and its rental estimate is £1,236 per month, given the available information and assuming reasonable condition.
Cedars House, Cedar Tree Grove is a residential building on Cedar Tree Grove, London, SE27 and falls within the SE27 postal district and the London Borough of Lambeth.
Flat 16, Cedars House has no records in the the Land Registry and a single entry in the EPC database dated May 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 16, Cedars House, we estimate a market value of £239,860 and a rental value of £1,298 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £212,447 and £1,150 per month respectively.
Over the last year, Flat 16, Cedars House has seen its estimated sale value grow by £2,610 (1.1%) and its estimated rental value climb by £87 per month (7.1%). This results in an estimated gross rental yield of 6.5%.
Flat 16, Cedars House has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 May 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to Flat 16, Cedars House have sold within a radius of 400 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd June 2023, was 24 Crown Point, Beulah Hill, London, SE19 3NF, a leasehold flat which sold for £175,000.
Read more about house prices in SE27.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 24 addresses on Cedar Tree Grove, London, SE27, Flat 16, Cedars House comes out as the 12th largest and the 12th most expensive in our analysis of the public data.
It is also £325k less expensive than the average property across the SE27 district.
From Flat 16, Cedars House, the nearest station is West Norwood, 800 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 16, Cedars House, 61.5% of property is socially rented and 18.9% is privately owned with a mortgage.
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 16, Cedars House, 25.9% of residents are recorded as possessing school level qualifications and 26.7% 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 16, Cedars House, the average age was 35.8 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 16, Cedars House, 0.8% 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 16, Cedars House, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
