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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 D, 166, Wellmeadow Road is £289,879 and the estimated rental value is £1,426 per month.
The apartment is within 166, Wellmeadow Road, London, SE6.
Wellmeadow Road, London, SE6 is located in the borough of Lewisham within the SE6 postal district.
Flat D, 166, Wellmeadow Road has 51 entries in the Land Registry , most recently in May 2023 and a single entry in the EPC database dated August 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 D, 166, Wellmeadow Road is in very good condition we estimate a sale value of £304,373 and a rental value of £1,497 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £269,588 and a rental value of £1,326 per month.
Over the last 12 months the sale value of Flat D 166 Wellmeadow Road has decreased by an estimated £1,078 (0.4%) and its rental value has increased by an estimated £71 per month (5.0%), giving an expected gross yield of 5.9%.
Flat D, 166, Wellmeadow Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Aug 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat D, 166, Wellmeadow Road was last sold on 24th May 2023 for £275,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since May 2023, the market for similar properties has dropped 9.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat D, 166, Wellmeadow Road within a radius of 440 metres over the last 2 years.
The most recent example is 150B , Wellmeadow Road, London, SE6 1HP, a leasehold flat which sold for £350,000 on the 14th June 2024.
Read more about house prices in SE6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wellmeadow Road, London, SE6 has a total of 255 addresses. According to our analysis of all the public data, Flat D, 166, Wellmeadow Road is the 210th largest and the 218th most expensive property on the street.
When compared to the postcode district it is £160k less expensive than the average property in SE6.
The nearest school is Sandhurst Primary School which is 300 metres away. The nearest train station is Lee (London) which is 1.2 kilometres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
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