Flat 2, 38
Flat 2, 38
Description & Estimates
Public records show Flat 2, 38, Forest Hill Road to be a modern leasehold apartment with 839 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Flat 2, 38, Forest Hill Road has an estimated sale value of £567,667 and an estimated rental value of £2,429 per month, assuming reasonable condition and based on the information available.
The apartment sits within 38, Forest Hill Road, London, SE22.
Forest Hill Road, London, SE22 lies in the borough of Southwark, within the SE22 postal district.
Our Data Sources
Flat 2, 38, Forest Hill Road has a single entry in the Land Registry from April 2018 and a single entry in the EPC database dated January 2018.
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
In very good condition, we estimate Flat 2, 38, Forest Hill Road would be worth £596,050, with a potential rental value of £2,550 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £527,930, with a rental value of £2,259 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 2, 38, Forest Hill Road has decreased by £8,086 (1.4%) over the last year. During the same period, its estimated monthly rental value has grown by £114 (4.7%). The property's estimated gross yield is currently 5.1%.
Energy Efficiency
Flat 2, 38, Forest Hill Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Jan 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 2, 38, Forest Hill Road last changed hands on 10th April 2018, selling for £450,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 13.4% since April 2018.
- Sold Apr 2018£450,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 470 metres of Flat 2, 38, Forest Hill Road across the last 2 years.
Most recently, 52, Forest Hill Road, London, SE22 0RR, a leasehold flat, sold at £12,500 on the 1st August 2023.
Read more about house prices in SE22.
- Sold Aug 2023£12,500 | 3 Bed FlatForest Hill Road52, Forest Hill Road, London, SE22 0RR
- Sold Jun 2021£565,000 | 2 Bed FlatChapel Court 2B, Mundania Road1, Chapel Court 2B, Mundania Road, London, SE22 0NG
- Sold Apr 2018£323,000 | 3 Bed Flat38, Forest Hill RoadFlat 3, 38, Forest Hill Road, London, SE22 0RR
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 2, 38, Forest Hill Road as the 68th largest and the 65th most expensive of the 163 addresses on Forest Hill Road, London, SE22.
Against the SE22 postcode district average, it is £180k less expensive than the typical property.
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Schools Nearby
- 600mGoodrich Community Primary School
- 800mHeber Primary School
- 800mSt Anthony's Catholic Primary School
- 400mHarris Boys' Academy East Dulwich
- 700mHarris Girls' Academy East Dulwich
- 1.4kmThe Charter School East Dulwich
More reading links
Public Transport Nearby
Honor Oak Park station is the nearest stop to Flat 2, 38, Forest Hill Road at 1.2 kilometres away.
- 1.2kmHonor Oak Park
- 1.5kmEast Dulwich
- 1.6kmNunhead
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
