Flat B, 118
Flat B, 118
Description & Estimates
Flat B, 118, Wellmeadow Road is recorded publicly as a period leasehold apartment across 333 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat B, 118, Wellmeadow Road is £214,793 and its rental estimate is £1,131 per month, given the available information and assuming reasonable condition.
118, Wellmeadow Road is a residential building on Wellmeadow Road, London, SE6 and falls within the SE6 postal district and the London Borough of Lewisham.
Our Data Sources
Flat B, 118, Wellmeadow Road has a single entry in the Land Registry from October 2020 and a single entry in the EPC database dated November 2016.
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
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 B, 118, Wellmeadow Road, we estimate a market value of £225,533 and a rental value of £1,187 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £199,758 and £1,052 per month respectively.
Recent Market Change
Over the last year, Flat B, 118, Wellmeadow Road has seen its estimated sale value climb by £1,097 (0.5%) and its estimated rental value rise by £64 per month (5.6%). This results in an estimated gross rental yield of 6.3%.
Energy Efficiency
Flat B, 118, Wellmeadow Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Nov 2016.
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 B, 118, Wellmeadow Road completed on 9th October 2020 at £235,000 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 dropped by 14.0% over the period since October 2020.
- Sold Oct 2020£235,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat B, 118, Wellmeadow Road have sold within a radius of 420 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd April 2020, was Flat B, 166, Wellmeadow Road, London, SE6 1HP, a leasehold flat which sold for £215,500.
Read more about house prices in SE6.
- Sold Apr 2020£215,500 | 1 Bed FlatFlat B, 166, Wellmeadow Road, London, SE6 1HPFlat B, 166, Wellmeadow Road, London, SE6 1HP
- Sold Mar 2016£240,000 | 1 Bed FlatFlat 6, 311, Brownhill Road, London, SE6 1ALFlat 6, 311, Brownhill Road, London, SE6 1AL
- Sold Oct 2015£185,000 | 1 Bed Flat61D, Broadfield Road, London, SE6 1NQ61D, Broadfield Road, London, SE6 1NQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 255 addresses on Wellmeadow Road, London, SE6, Flat B, 118, Wellmeadow Road comes out as the 241st largest and the 254th most expensive in our analysis of the public data.
It is also £235k less expensive than the average property across the SE6 district.
More reading links
Schools Nearby
- 200mSandhurst Primary School
- 700mSt Winifred's RC Primary School
- 800mTorridon Primary School
- 1.4kmConisborough College
- 1.9kmBonus Pastor Catholic College
- 2.0kmHaberdashers' Knights Academy
More reading links
Public Transport Nearby
From Flat B, 118, Wellmeadow Road, the nearest station is Hither Green, 1.0 kilometres away.
- 1.0kmHither Green
- 1.0kmLee (London)
- 1.9kmCatford Bridge
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.
