1 Ridge Close

    1, RIDGE CLOSE, LONDON, SE28 0HX

    This terraced freehold property on Ridge Close last sold in December 2012 for £215,000. Based on price growth in the SE28 district since then, its estimated current value is £451,918 — placing it in the 74th percentile nationally and the 87th percentile within SE28. The property covers 81 m² (872 sq ft), giving an estimated value of £5,579 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    872 sq ft

    81 m²

    Last Sale Price

    £215,000

    Dec 2012

    Estimated Valuation

    £451,918

    Est. £/sq ft

    £518/sq ft

    £5,579/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area872 sq ft (81 m²)
    EPC dateJun 2012
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Dec 2012

    £215,000

    19 Dec 2003

    £185,000

    18 Jun 1999

    New build

    £99,950

    Key Metrics

    Estimated valuation£451,918
    Value per sq ft / m²£518/sq ft (£5,579/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SE28 district percentile87th percentile
    National percentile74th percentile

    District Context — SE28

    SE28 covers Thamesmead and surrounding areas in south-east London, positioned on the Thames south of Woolwich. It is a diverse, densely populated district with strong family communities and a significant rental market.

    Average Property Price - SE28

    £348,848

    56

    National percentile

    Average Net Household Income - SE28

    £51,952

    92

    National percentile

    10-Year Annualised Price Growth - SE28

    4.2%

    72

    National percentile

    10-Year Annualised Rent Growth - SE

    3.6%

    31

    National percentile

    View full analysis for SE28

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