Flat 1602, 2
Flat 1602, 2
Description & Estimates
According to the public record, Flat 1602, 2, Cutter Lane is a modern apartment with 828 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1602, 2, Cutter Lane is £722,501 and the estimated rental value is £3,080 per month.
The apartment is within 2, Cutter Lane, London, SE10.
Cutter Lane, London, SE10 is located in the borough of Greenwich within the SE10 postal district.
Our Data Sources
Flat 1602, 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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 1602, 2, Cutter Lane is in very good condition we estimate a sale value of £758,626 and a rental value of £3,234 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £671,926 and a rental value of £2,865 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 1602, 2, Cutter Lane has dropped by £27,293 (3.8%), while its estimated rental value has risen by £156 per month (5.1%). Based on current estimates, the property offers a gross rental yield of 5.1%.
Energy Efficiency
Flat 1602, 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
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1602, 2, Cutter Lane within a radius of 530 metres over the last 2 years.
The most recent example is Flat 1002, 2, Cutter Lane, London, SE10 0ZT, a leasehold flat which sold for £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
Cutter Lane, London, SE10 has a total of 900 addresses. According to our analysis of all the public data, Flat 1602, 2, Cutter Lane is the 313th largest and the 282nd most expensive property on the street.
When compared to the postcode district it is £169k more expensive than the average property in SE10.
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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
The closest station to Flat 1602, 2, Cutter Lane is North Greenwich station, which is 400 metres away.
- 400mNorth Greenwich
- 800mCanary Wharf (Elizabeth line)
- 1.1kmWest Silvertown
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
