18 Wallace Close

    18, WALLACE CLOSE, LONDON, SE28 8NL

    This terraced freehold property on Wallace Close last sold in September 2024 for £350,000. Based on price growth in the SE28 district since then, its estimated current value is £346,995 — placing it in the 59th percentile nationally and the 50th percentile within SE28. The property covers 60 m² (646 sq ft), giving an estimated value of £5,783 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    646 sq ft

    60 m²

    Last Sale Price

    £350,000

    Sept 2024

    Estimated Valuation

    £346,995

    Est. £/sq ft

    £537/sq ft

    £5,783/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area646 sq ft (60 m²)
    EPC dateApr 2024
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Sept 2024

    £350,000

    1 Aug 2007

    £162,000

    20 Mar 2003

    £122,995

    Key Metrics

    Estimated valuation£346,995
    Value per sq ft / m²£537/sq ft (£5,783/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SE28 district percentile50th percentile
    National percentile59th 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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