Mercy Terrace, London, SE13
By Carter Rose Property Group
£ 440,000
Reviews
3 out of 5 stars
Carter Rose Property Group says ..
Carter Rose Property Group is delighted to introduce this exciting new-build development, featuring a choice of three beautifully finished, high specification apartments. The development includes a 1.5, 2 and a 3 bedroom apartment.
Property Oracle says ..
The property is a 2-bedroom, 2-bathroom flat located in Ladywell, Lewisham, with a list price of £440,000. The flat is 505.80 sqft and sits on a 580 sqft plot. The area’s average price is significantly higher at £587,394, with an average price per sqft of £695. This suggests that the property may be underpriced compared to the local market average. However, the provided nearby listings show a range of prices, with some properties being listed for less than the subject property. The lack of sqft data for these comparable properties makes a precise comparison difficult. The property appears to be in excellent condition based on the provided images. The finishes look modern and well-maintained, with no apparent signs of wear or damage. The property benefits from a small balcony or patio area, as shown in the exterior images. While not a large garden, it still offers some outdoor space. The location is positive, with nearby transportation links to Southeastern and other rail lines. Several schools with good Ofsted ratings are also within a reasonable distance. This contributes positively to the overall desirability of the property. Considering the condition, location, and limited outdoor space, the list price of £440,000 appears to be relatively reasonable, especially when compared to some of the lower-priced nearby listings. However, a more detailed analysis of comparable properties with square footage data would be needed for a definitive conclusion.
Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 10
- Location
- 8
- Land
- 3
- Bedrooms
- 2
- Bathrooms
- 2
- Sqft (est)
- 505.80
- Lot (est)
- 580.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 833,500.00 £Increased by 17.46 %
- Est sale value
- 431,447.40 £Increased by 26.18 %
- Average area rental value
- 1,579.00 £/moDecreased by 30.26 %
- Est letting value
- 505.80 £/moDecreased by 50.00 %
- Est rental Yield
- 2.27 %Decreased by 40.73 %
- Crime Rate
- 4.00 %Unchanged by 0.00 %
Agent Activity
Carter Rose Property Group created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Mary'S Lewisham Church Of England Primary School | Voluntary Aided School | Good | 0.47 KM |
| Ladywell Children'S Centre | Children's Centre | 0.79 KM | |
| Prendergast Vale School | Foundation School | Good | 0.82 KM |
| Prendergast School | Voluntary Aided School | Outstanding | 0.82 KM |
| Tlg Lewisham | Other Independent School | Good | 0.93 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Railway Terrace | £ 245,000 | 0 | 0.00 KM |
| Plummer Court | £ 0 | 0 | 0.00 KM |
| Silver Road | £ 0 | 0 | 0.00 KM |
| Eastern Road | £ 1,350,000 | 0 | 0.00 KM |
| Yew Tree Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Ladywell | 5057 | LAD | 0.08 KM |
| Lewisham | 5051 | LEW | 1.12 KM |
| St Johns | 5059 | SAJ | 1.44 KM |
| Catford Bridge | 5047 | CFB | 1.50 KM |
| Catford | 5077 | CTF | 1.61 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Mercy Terrace, London, SE13 | £ 400,000 | BUY | 7 / 10 | 0.00 KM |
| Mercy Terrace, London, SE13 | £ 440,000 | BUY | 7 / 10 | 0.00 KM |
| Mercy Terrace, London, SE13 | £ 525,000 | BUY | 9 / 10 | 0.00 KM |
| Mercy Terrace, London, Se13 | £ 375,000 | BUY | 7 / 10 | 0.02 KM |
| Mercy Terrace, London, Se13 | £ 350,000 | BUY | 7 / 10 | 0.02 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 211 Algernon Road | £ 144,500 | 0.07 KM |
| 239 Algernon Road | £ 400,000 | 0.07 KM |
| 209a Algernon Road | £ 215,000 | 0.07 KM |
| 233 Algernon Road | £ 586,000 | 0.07 KM |
| 221 Algernon Road | £ 665,000 | 0.08 KM |