Flat 2, 48
Flat 2, 48
Description & Estimates
Flat 2, 48, Jerningham Road appears in the public record as a leasehold apartment.
We estimate it to be a period apartment with 653 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, 48, Jerningham Road is £451,695 and its rental estimate is £2,087 per month, given the available information and assuming reasonable condition.
48, Jerningham Road is a residential building on Jerningham Road, London, SE14 and falls within the SE14 postal district and the London Borough of Lewisham.
Our Data Sources
Flat 2, 48, Jerningham Road has 41 entries in the Land Registry , most recently in October 2022 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 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, 48, Jerningham Road, we estimate a market value of £474,280 and a rental value of £2,191 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £420,077 and £1,941 per month respectively.
Recent Market Change
Over the last year, Flat 2, 48, Jerningham Road has seen its estimated sale value move down by £9,874 (2.2%) and its estimated rental value increase by £97 per month (4.6%). This results in an estimated gross rental yield of 5.5%.
Sold Prices
The most recent sale of Flat 2, 48, Jerningham Road completed on 7th October 2022 at £510,000 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 24.8% over the period since October 2022.
- Sold Oct 2022£510,000
- Sold Jul 2018£495,000
- Sold Nov 1996£65,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, 48, Jerningham Road have sold within a radius of 420 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st March 2025, was Flat 4, 97, Jerningham Road, London, SE14 5NH, a leasehold flat which sold for £445,000.
Read more about house prices in SE14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 346 addresses on Jerningham Road, London, SE14, Flat 2, 48, Jerningham Road comes out as the 266th largest and the 247th most expensive in our analysis of the public data.
It is also £30k less expensive than the average property across the SE14 district.
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Schools Nearby
- 400mHaberdashers' Hatcham Free School
- 500mSt James's Hatcham Church of England Primary School
- 500mEdmund Waller Primary School
- 400mHaberdashers' Hatcham College
- 900mDeptford Green School
- 1.0kmAddey and Stanhope School
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Public Transport Nearby
From Flat 2, 48, Jerningham Road, the nearest station is New Cross Gate, 500 metres away.
- 500mNew Cross Gate
- 700mBrockley
- 800mNew Cross
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
