Flat 2 Wise House, 1 Red Lion Lane

    FLAT 2 WISE HOUSE, 1, RED LION LANE, LONDON, SE18 4JH

    This flat/maisonette leasehold property on Red Lion Lane last sold in February 2021 for £255,000. Based on price growth in the SE18 district since then, its estimated current value is £253,915 — placing it in the 38th percentile nationally and the 12th percentile within SE18. The property covers 55 m² (592 sq ft), giving an estimated value of £4,617 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £255,000

    Feb 2021

    Estimated Valuation

    £253,915

    Est. £/sq ft

    £429/sq ft

    £4,617/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area592 sq ft (55 m²)
    EPC dateSept 2020
    WallsTimber frame, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    26 Feb 2021

    £255,000

    9 Mar 2012

    £135,000

    11 Nov 1997

    £54,000

    Key Metrics

    Estimated valuation£253,915
    Value per sq ft / m²£429/sq ft (£4,617/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SE18 district percentile12th percentile
    National percentile38th percentile

    District Context — SE18

    SE18 covers Woolwich and the surrounding areas in south-east London, positioned on the Thames east of central London. It is a diverse, mixed-tenure neighbourhood with strong community facilities and improving transport links.

    Average Property Price - SE18

    £430,605

    72

    National percentile

    Average Net Household Income - SE18

    £39,585

    56

    National percentile

    10-Year Annualised Price Growth - SE18

    3.5%

    47

    National percentile

    10-Year Annualised Rent Growth - SE

    3.6%

    31

    National percentile

    View full analysis for SE18

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