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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Flat B, 88, Florence Road is described in the public record as a modern apartment with 301 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat B, 88, Florence Road is £230,123 and its rental estimate is £1,305 per month, given the available information and assuming reasonable condition.
88, Florence Road is a residential building on Florence Road, London, SE14 and falls within the SE14 postal district and the London Borough of Lewisham.
Flat B, 88, Florence Road has no records in the the Land Registry and a single entry in the EPC database dated September 2016.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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, 88, Florence Road, we estimate a market value of £241,629 and a rental value of £1,370 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £214,014 and £1,214 per month respectively.
Over the last year, Flat B, 88, Florence Road has seen its estimated sale value drop by £1,776 (0.8%) and its estimated rental value rise by £68 per month (5.2%). This results in an estimated gross rental yield of 6.8%.
Flat B, 88, Florence Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Sep 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Over the past 2 years 3 properties similar to Flat B, 88, Florence Road have sold within a radius of 330 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th October 2024, was Flat 1, Indigo House 81, Malpas Road, London, SE4 1BN, a leasehold flat which sold for £245,000.
Read more about house prices in SE14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 109 addresses on Florence Road, London, SE14, Flat B, 88, Florence Road comes out as the 108th largest and the 108th most expensive in our analysis of the public data.
It is also £252k less expensive than the average property across the SE14 district.
From Flat B, 88, Florence Road, the nearest station is New Cross, 400 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat B, 88, Florence Road, 38.5% of property is privately rented and 36.8% is socially 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 B, 88, Florence Road, 30.1% of residents are recorded as possessing school level qualifications and 47.4% 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 B, 88, Florence Road, the average age was 34.1 and the most common age was 27.
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 B, 88, Florence Road, 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 B, 88, Florence Road, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
