← back
1 / 4

Basement Area, 190 Stanstead Road, Lewisham, London, SE23 1DA

£500 · None bed · ? bath · Flat · Auction House London, Hampstead · 🚇 Forest Hill Station (0.53 mi) · first seen 2026-07-29 · view on Rightmove ↗

Local comparables model (V2)

How the model reaches its estimate
StepValueEffect× multiplier
London-wide baseline model average £8,111/sqm
Location (nearby obs. £6,414/sqm · 10 props · 0.27 km) this area -51% ×0.49
Size
+88%
×1.88
Bedrooms
-12%
×0.88
Bathrooms
-7%
×0.93
Property type Flat
+1%
×1.01
Tube/rail distance 0.53 mi
+1%
×1.01
= Predicted £/sqm £6,702/sqm
range £3,813–£6,461
Area unknown — showing £/sqm only
Asking £500

Each multiplier is a SHAP value from the CatBoost model. The chain is exact: baseline × location × property factors = predicted £/sqm. Nearby observed rate shown as context only. Range = P10–P90 quantile models.

Listing history tracked since 2026-07-24

DatePrice
2026-07-24 £500
2026-07-29 £500
2026-08-01 £500

Description

Guide Price = £500+ **For Sale By Online Auction To inspect the legal documents for this property go to our website to download the legal pack** A Vacant Lower Ground Floor Basement Area Tenure Leasehold. The basement area is held on a 99 year lease from 1st February 2020 (thus approximately 93 years unexpired). Location The property is situated on a residential road close to local shops and amenities. The open spaces of Waterlink Way Park are within easy reach. Transport links are provided by Honor Oak Park overground station and rail station. Description The property comprises a lower ground floor basement area, accessed via a ground floor flat, situated within a mid terrace building arranging over ground and two upper floors. The basement currently has limited head height but there may be potential for excavation and development (subject to obtaining all necessary consents). Accommodation Access to the basement is via an internal staircase from the ground floor flat. A separate agreement between the buyer and the flat owner will be required, as there is no external access to the basement. Note The property has not been inspected by Auction House London. All information has been supplied by the vendor. There are no internal viewings £1,500 incl. VAT