Flat 2, 418
Flat 2, 418
Description & Estimates
Flat 2, 418, Lee High Road is recorded publicly as a modern leasehold apartment across 1,140 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 2, 418, Lee High Road is £474,094 and its rental estimate is £2,203 per month, given the available information and assuming reasonable condition.
418, Lee High Road is a residential building on Lee High Road, London, SE12 and falls within the SE12 postal district and the London Borough of Lewisham.
Our Data Sources
Flat 2, 418, Lee High Road has 41 entries in the Land Registry , most recently in November 2024 and a single entry in the EPC database dated August 2023.
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
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 2, 418, Lee High Road, we estimate a market value of £497,798 and a rental value of £2,313 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £440,907 and £2,049 per month respectively.
Recent Market Change
Over the last year, Flat 2, 418, Lee High Road has seen its estimated sale value decrease by £4,606 (1.0%) and its estimated rental value grow by £90 per month (4.1%). This results in an estimated gross rental yield of 5.6%.
Energy Efficiency
Flat 2, 418, Lee High Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Aug 2023.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 2, 418, Lee High Road completed on 22nd November 2024 at £492,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 18.7% over the period since November 2024.
- Sold Nov 2024£492,500
- Sold Nov 2013£335,000
- Sold Oct 2006£290,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, 418, Lee High Road have sold within a radius of 420 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd August 2023, was 123A, Lee Road, London, SE3 9DS, a leasehold flat which sold for £570,000.
Read more about house prices in SE12.
- Sold Aug 2023£570,000 | 3 Bed Flat123A, Lee Road, London, SE3 9DS123A, Lee Road, London, SE3 9DS
- Sold Apr 2023£350,000 | 3 Bed FlatFlat C, 131, Lee Road, London, SE3 9DSFlat C, 131, Lee Road, London, SE3 9DS
- Sold Dec 2022£465,000 | 3 Bed FlatFlat 3, 418, Lee High Road, London, SE12 8RWFlat 3, 418, Lee High Road, London, SE12 8RW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 191 addresses on Lee High Road, London, SE12, Flat 2, 418, Lee High Road comes out as the 21st largest and the 19th most expensive in our analysis of the public data.
It is also £2k more expensive than the average property across the SE12 district.
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Schools Nearby
- 300mBrindishe Lee School
- 500mSt Margaret's Lee CofE Primary School
- 700mBrindishe Manor School
- 1.4kmThomas Tallis School
- 2.1kmHarris Academy Greenwich
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Public Transport Nearby
From Flat 2, 418, Lee High Road, the nearest station is Lee (London), 800 metres away.
- 800mLee (London)
- 900mHither Green
- 1.1kmBlackheath
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
