Flat 2, Crane Court 2
Flat 2, Crane Court 2
Description & Estimates
According to the public record, Flat 2, Crane Court 2 is a modern leasehold apartment with 667 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 2, Crane Court 2 is £338,137 and the estimated rental value is £1,830 per month.
The apartment is within Crane Court, Kite Close, London, SE2.
Kite Close, London, SE2 is located in the borough of Bexley within the SE2 postal district.
Our Data Sources
Flat 2, Crane Court 2 has a single entry in the Land Registry from December 2022 and a single entry in the EPC database dated November 2022.
We combine this information with that 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.
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 2, Crane Court 2 is in very good condition we estimate a sale value of £355,043 and a rental value of £1,921 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £314,467 and a rental value of £1,702 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 2, Crane Court 2 has declined by £11,400 (3.4%), while its estimated rental value has climbed by £56 per month (3.1%). Based on current estimates, the property offers a gross rental yield of 6.5%.
Energy Efficiency
Flat 2, Crane Court 2 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Nov 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
According to HM Land Registry, Flat 2, Crane Court 2 was last sold on 22nd December 2022 for £328,300 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2022, the market for similar properties has dropped by 11.3%.
- Sold Dec 2022£328,300
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 2, Crane Court 2 within a radius of 380 metres over the last 2 years.
The most recent example is Flat 181, Crane Court 112, Harrow Manorway, London, SE2 9FF, a leasehold flat which sold for £390,000 on the 2nd December 2022.
Read more about house prices in SE2.
- Sold Dec 2022£390,000 | 2 Bed FlatFlat 181, Crane Court 112, Harrow Manorway, London, SE2 9FFFlat 181, Crane Court 112, Harrow Manorway, London, SE2 9FF
- Sold Jun 2021£338,500 | 2 Bed FlatFlat 21, Swift Court, Tavy Bridge, London, SE2 9DUFlat 21, Swift Court, Tavy Bridge, London, SE2 9DU
- Sold Jun 2021£339,000 | 2 Bed FlatFlat 17, Swift Court, Tavy Bridge, London, SE2 9DUFlat 17, Swift Court, Tavy Bridge, London, SE2 9DU
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Kite Close, London, SE2 has a total of 77 addresses. According to our analysis of all the public data, Flat 2, Crane Court 2 is the 42nd largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £10k less expensive than the average property in SE2.
More reading links
Schools Nearby
- 200mWillow Bank Primary School
- 500mBoxgrove Primary School
- 700mDe Lucy Primary School
- 1.1kmWoolwich Polytechnic School for Girls
- 1.2kmWoolwich Polytechnic School
- 1.2kmSt Paul's Academy
More reading links
Public Transport Nearby
The closest station to Flat 2, Crane Court 2 is Abbey Wood station, which is 500 metres away.
- 500mAbbey Wood
- 2.2kmBelvedere
- 2.4kmBarking Riverside
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
