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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 22, 2, Reminder Lane is £209,166 and the estimated rental value is £1,116 per month.
The apartment is within 2, Reminder Lane, London, SE10.
Reminder Lane, London, SE10 is located in the borough of Greenwich within the SE10 postal district.
Flat 22, 2, Reminder Lane has a single entry in the Land Registry from April 2017 and a single entry in the EPC database dated October 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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 22, 2, Reminder Lane is in very good condition we estimate a sale value of £219,624 and a rental value of £1,172 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £194,524 and a rental value of £1,038 per month.
Over the last 12 months the sale value of Flat 22 2 Reminder Lane has decreased by an estimated £7,901 (3.8%) and its rental value has increased by an estimated £56 per month (5.1%), giving an expected gross yield of 6.4%.
Flat 22, 2, Reminder Lane has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Oct 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to HM Land Registry, Flat 22, 2, Reminder Lane was last sold on 24th April 2017 for £139,375 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2017, the market for similar properties has dropped 8.5%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 22, 2, Reminder Lane within a radius of 250 metres over the last 2 years.
The most recent example is Flat 19, 2, Reminder Lane, London, SE10 0UJ, a leasehold flat which sold for £256,500 on the 13th July 2020.
Read more about house prices in SE10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reminder Lane, London, SE10 has a total of 204 addresses. According to our analysis of all the public data, Flat 22, 2, Reminder Lane is the 96th largest and the 172nd most expensive property on the street.
When compared to the postcode district it is £344k less expensive than the average property in SE10.
The closest station to Flat 22, 2, Reminder Lane is North Greenwich station which is 700 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 22, 2, Reminder Lane, % of property is and % is .
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 22, 2, Reminder Lane, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 22, 2, Reminder Lane, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 22, 2, Reminder Lane, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.