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According to the public record, Flat 3, 41A, Edison Grove is a modern leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 3, 41A, Edison Grove is £266,105 and the estimated rental value is £1,655 per month.
The apartment is within 41A, Edison Grove, London, SE18.
Edison Grove, London, SE18 is located in the borough of Greenwich within the SE18 postal district.
Flat 3, 41A, Edison Grove has a single entry in the Land Registry from April 2022 and a single entry in the EPC database dated September 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 3, 41A, Edison Grove is in very good condition we estimate a sale value of £279,410 and a rental value of £1,738 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £247,478 and a rental value of £1,539 per month.
Over the last 12 months the sale value of Flat 3 41A Edison Grove has decreased by an estimated £1,141 (0.4%) and its rental value has increased by an estimated £77 per month (4.6%), giving an expected gross yield of 7.5%.
Flat 3, 41A, Edison Grove has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Sep 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 3, 41A, Edison Grove was last sold on 14th April 2022 for £275,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2022, the market for similar properties has dropped 4.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 41A, Edison Grove within a radius of 610 metres over the last 2 years.
The most recent example is Flat 5, 41A, Edison Grove, London, SE18 2DW, a leasehold flat which sold for £222,500 on the 3rd March 2024.
Read more about house prices in SE18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Edison Grove, London, SE18 has a total of 59 addresses. According to our analysis of all the public data, Flat 3, 41A, Edison Grove is the 55th largest and the 56th most expensive property on the street.
When compared to the postcode district it is £99k less expensive than the average property in SE18.
The closest station to Flat 3, 41A, Edison Grove is Welling station which is 1.1 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 3, 41A, Edison Grove, 34.1% of property is privately owned with a mortgage and 26.4% is privately rented.
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 3, 41A, Edison Grove, 26.3% of residents are recorded as possessing school level qualifications and 33.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 3, 41A, Edison Grove, the average age was 38.9 and the most common age was 42.
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 3, 41A, Edison Grove, 0.8% 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 3, 41A, Edison Grove, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
