Flat 3, 62
Flat 3, 62
Description & Estimates
Flat 3, 62, Fairthorn Road is recorded publicly as a modern leasehold apartment across 624 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 3, 62, Fairthorn Road is £335,611 and its rental estimate is £1,580 per month, given the available information and assuming reasonable condition.
62, Fairthorn Road is a residential building on Fairthorn Road, London, SE7 and falls within the SE7 postal district and the London Borough of Greenwich.
Our Data Sources
Flat 3, 62, Fairthorn Road has a single entry in the Land Registry from June 2014 and a single entry in the EPC database dated July 2024.
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 3, 62, Fairthorn Road, we estimate a market value of £352,392 and a rental value of £1,659 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £312,119 and £1,470 per month respectively.
Recent Market Change
Over the last year, Flat 3, 62, Fairthorn Road has seen its estimated sale value drop by £4,733 (1.4%) and its estimated rental value rise by £71 per month (4.5%). This results in an estimated gross rental yield of 5.7%.
Energy Efficiency
Flat 3, 62, Fairthorn Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Jul 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 3, 62, Fairthorn Road completed on 17th June 2014 at £250,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 9.4% over the period since June 2014.
- Sold Jun 2014£250,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 3, 62, Fairthorn Road have sold within a radius of 380 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th October 2024, was Flat 16, 84, Fairthorn Road, London, SE7 7FT, a leasehold flat which sold for £402,000.
Read more about house prices in SE7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 267 addresses on Fairthorn Road, London, SE7, Flat 3, 62, Fairthorn Road comes out as the 172nd largest and the 135th most expensive in our analysis of the public data.
It is also £125k less expensive than the average property across the SE7 district.
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Schools Nearby
- 400mHalstow Primary School
- 500mFossdene Primary School
- 700mSherington Primary School
- 1.1kmThe John Roan School
- 1.2kmLeigh Academy Blackheath
- 1.8kmRoyal Greenwich Trust School
More reading links
Public Transport Nearby
From Flat 3, 62, Fairthorn Road, the nearest station is Westcombe Park, 200 metres away.
- 200mWestcombe Park
- 800mCharlton
- 1.2kmMaze Hill
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.
