Flat 4, 34
Flat 4, 34
Description & Estimates
Public records show Flat 4, 34, Dermody Road to be a mid-century leasehold apartment with 462 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 4, 34, Dermody Road has an estimated sale value of £250,505 and an estimated rental value of £1,417 per month, assuming reasonable condition and based on the information available.
The apartment sits within 34, Dermody Road, London, SE13.
Dermody Road, London, SE13 lies in the borough of Lewisham, within the SE13 postal district.
Our Data Sources
Flat 4, 34, Dermody Road has a single entry in the Land Registry from November 2023 and a single entry in the EPC database dated June 2023.
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.
Price Range & Condition
In very good condition, we estimate Flat 4, 34, Dermody Road would be worth £263,030, with a potential rental value of £1,488 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £232,969, with a rental value of £1,318 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 4, 34, Dermody Road has moved up by £993 (0.4%) over the last year. During the same period, its estimated monthly rental value has increased by £88 (6.2%). The property's estimated gross yield is currently 6.8%.
Energy Efficiency
Flat 4, 34, Dermody Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Jun 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
Flat 4, 34, Dermody Road last changed hands on 23rd November 2023, selling for £223,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 2.3% since November 2023.
- Sold Nov 2023£223,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 340 metres of Flat 4, 34, Dermody Road across the last 2 years.
Most recently, 94Q, Hither Green Lane, London, SE13 6PS, a leasehold flat, sold at £240,000 on the 23rd May 2024.
Read more about house prices in SE13.
- Sold May 2024£240,000 | 1 Bed Flat94Q, Hither Green Lane, London, SE13 6PS94Q, Hither Green Lane, London, SE13 6PS
- Sold Mar 2024£260,000 | 1 Bed FlatFlat 7, Eastdown Court 1-11 , Eastdown Park, London, SE13 5HUFlat 7, Eastdown Court 1-11 , Eastdown Park, London, SE13 5HU
- Sold Sep 2021£226,000 | 1 Bed FlatFlat 2, 34, Dermody Road, London, SE13 5HBFlat 2, 34, Dermody Road, London, SE13 5HB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 4, 34, Dermody Road as the 38th largest and the 49th most expensive of the 56 addresses on Dermody Road, London, SE13.
Against the SE13 postcode district average, it is £222k less expensive than the typical property.
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Schools Nearby
- 500mSt Saviour's Catholic Primary School
- 600mBrindishe Green School
- 700mSt Mary's Lewisham Church of England Primary School
- 1.4kmPrendergast School
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Public Transport Nearby
Hither Green station is the nearest stop to Flat 4, 34, Dermody Road at 600 metres away.
- 600mHither Green
- 900mLadywell
- 1.0kmLewisham
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
