Building Surveys & RICS Valuations in Lewisham

Property Market Trends in Lewisham

Lewisham, a borough in Southeast London, is experiencing a transformation in its property market, making it increasingly popular among first-time buyers, young professionals, and families.

Urban Regeneration and Affordable Options

• Lewisham Centre: The heart of Lewisham is undergoing significant regeneration, with new residential developments and improvements to transport links and amenities. This area offers a variety of properties, from modern apartments to Victorian terraces, attracting a diverse range of buyers.
• Deptford and New Cross: Known for their vibrant cultural scenes and proximity to Goldsmiths, University of London, these areas are popular among young professionals and students, offering a mix of housing options.

Green Spaces and Family Appeal

• Blackheath and Hither Green: These neighbourhoods are favoured for their village-like feel, open green spaces like Blackheath, and characterful properties, appealing to families and professionals seeking a balance between city life and suburban comfort.
• Brockley and Ladywell: Offering period homes and a sense of community, these areas are attractive for their local markets, parks, and family-friendly vibe.

Connectivity and Growth

• Catford and Forest Hill: With ongoing development projects, these areas offer more affordable housing options within the borough. Their strong transport links, including railway services to central London, make them appealing to commuters.
• Lee and Grove Park: These quieter residential areas are becoming increasingly popular due to their larger homes, gardens, and proximity to good schools and parks.

Influencing Factors

• Transport Links: The extension of the Bakerloo Line to Lewisham and other transport improvements enhance the borough’s connectivity to central London.
• Cultural Diversity and Community Projects: Lewisham’s diverse community and initiatives like the Lewisham Creative District contribute to the borough’s appeal.
• Local Economy and Amenities: With a range of shopping and dining options, as well as local markets and festivals, Lewisham offers a vibrant urban lifestyle.

Staying updated on Lewisham’s property market trends is important for those looking to invest in an area that combines urban living with community spirit and relatively affordable housing options in London.

Sources

• Rightmove: Lewisham Property Market
• Lewisham.gov.uk – Regeneration

Structural Condition and Common Issues in Lewisham

Lewisham’s property market encompasses a variety of housing types, from historic Victorian terraces to post-war estates and modern apartment complexes, reflecting its diverse urban landscape.

Common Types of Properties

• Victorian and Edwardian Terraced Houses: Predominantly found in areas like Ladywell and Brockley, these properties offer character but may require renovation to improve energy efficiency and modern living standards.
• Post-War Council Estates: Common in various parts of Lewisham, these buildings, while often solidly constructed, might benefit from updates in terms of heating, insulation, and overall refurbishment.
• Modern Developments: Recent housing projects provide contemporary living options, though the quality of build and energy efficiency should be carefully evaluated.

Structural Issues to Look Out For

• Damp and Mould: Older terraced and semi-detached houses can be prone to damp issues, necessitating improvements in damp-proofing and ventilation.
• Roofing Condition: The roofs of both period and mid-century properties should be a focus, as maintenance or replacement can be a significant expense.
• Subsidence: Parts of Lewisham, especially those with clay soil foundations or near old watercourses, may be more prone to subsidence, so a comprehensive structural survey is recommended.

Key Checks Before Purchase

• RICS Home Survey: Conducting a detailed survey is crucial for identifying any structural concerns that could impact the property’s value and necessitate future repairs.
• Energy Performance Certificate (EPC): An EPC provides an overview of the property’s energy efficiency and potential areas for improvement.
• Local Planning and Development: Staying informed about local planning and development projects is important, as they can influence property values and the living environment.

Understanding the structural conditions and common issues in Lewisham’s properties will help buyers make informed decisions, ensuring they are prepared for any potential maintenance or renovations required.

Sources

• Royal Institution of Chartered Surveyors (RICS) – Why You Should Get A RICS Homes Survey
• London Borough of Lewisham – Planning and Building Control

Local Amenities in Lewisham

Lewisham, located in Southeast London, is known for its vibrant community, cultural diversity, and green spaces. The borough offers a mix of urban living with the charm of quieter, leafy neighbourhoods.

Food and Drink

• Diverse Cuisine: Lewisham’s dining scene includes a variety of restaurants, ranging from traditional British pubs to international cuisines, and bustling street food markets.
• Local Markets: Lewisham Market and other local markets offer fresh produce, street food, and unique culinary experiences.

Shopping

• Lewisham Shopping Centre: This central hub features a range of high-street retailers, supermarkets, and smaller shops.
• Local High Streets: Areas like Blackheath and Deptford have vibrant high streets with independent shops, boutiques, and artisanal stores.

Health and Fitness

• Leisure Centres: Facilities like Glass Mill Leisure Centre and Ladywell Arena provide residents with swimming pools, gym equipment, and fitness classes.
• Parks and Open Spaces: The borough boasts several parks, such as Lewisham Park and Blackheath, offering green spaces for recreation and relaxation.

Cultural Venues

• Theatres and Arts: The Broadway Theatre in Catford and the Albany in Deptford are key cultural venues, hosting various performances and community events.
• Historical Sites: The borough has a rich history, with landmarks like the Grade I listed St. Mary’s Church in Lewisham.

Education

• Schools: Lewisham offers a wide range of educational options, including primary, secondary, and independent schools.
• Further Education: Lewisham College provides further education courses, vocational training, and adult learning programs.

Transport Links

• Rail and DLR Services: The borough is well connected with several railway stations and DLR services, offering easy access to central London and surrounding areas.
• Buses: An extensive bus network provides good local transportation within the borough and to neighbouring areas.

Healthcare

• Hospitals and Clinics: University Hospital Lewisham is the main healthcare provider, along with several GP practices and health clinics throughout the borough.

Lewisham’s amenities, combined with its community spirit and accessibility, make it an appealing borough for a diverse range of residents.

Sources

• Lewisham Council: Sport and Leisure
• Lewisham.gov.uk – Moving to Lewisham

Commute and Transportation Options in Lewisham

Lewisham, a borough in South London, offers a range of transportation options, making it well-connected and accessible for residents and visitors:

Public Transport

• Train Services: Lewisham Railway Station provides frequent services to Central London, including London Bridge, Charing Cross, and Cannon Street, operated by Southeastern Railway. It also has services to other parts of London and the southeast, including Kent.
• DLR (Docklands Light Railway): Lewisham is the southern terminus of the DLR, offering direct services to Canary Wharf, the City of London, and Stratford.
• Bus Services: An extensive network of bus routes serves Lewisham, providing connections across the borough and to other parts of London. These services are managed by Transport for London (TfL).

Car and Motorway Access

• Major Roads: Key roads like the A20 and the A21 run through Lewisham, providing good connectivity to central London and the surrounding areas. The South Circular (A205) also runs through the borough.
• Parking: There are several parking options in Lewisham, including on-street parking and council-operated car parks, especially in the town centre.

Taxis and Ride-Shares

• Local Taxi Companies: Various taxi firms operate in Lewisham, offering services within the borough and to destinations such as airports and Central London.
• Uber: Uber and other ride-sharing services are widely available in Lewisham, providing convenient travel options.

Cycling and Walking

• Cycling: Lewisham Council is enhancing cycling infrastructure in the borough, with bike lanes and routes being developed as part of broader sustainable travel initiatives.
• Walking: Many areas in Lewisham, particularly around the town centre and residential neighbourhoods, are pedestrian-friendly.

Future Developments

• Transport Infrastructure Improvements: Ongoing developments and plans in Lewisham aim to enhance public transport, road networks, and facilities for cyclists and pedestrians, improving overall connectivity and accessibility.

Lewisham’s transport options, particularly its train and DLR connections, make it a convenient and attractive location for commuting to central London and accessing other parts of the city.

Sources

• Transport for London: Lewisham
• Southeastern Railway: Lewisham Station

Planning Permission and Land Covenants in Lewisham

In Lewisham, property development and modifications must adhere to specific planning permissions and land covenants. Understanding these regulations is crucial for ensuring that developments align with the borough’s urban planning strategies and comply with legal standards.

Types of Planning Permission

• Outline Planning Permission: This form of permission assesses the general principles of a proposed development, granting initial approval subject to the submission and approval of detailed plans.
• Full Planning Permission: Required for specific construction works or significant alterations, this detailed permission must be obtained before starting any work.
• Permitted Development Rights: Some minor property improvements and extensions may not require full planning permission. However, it’s important to verify with Lewisham Council, especially in conservation areas or for properties with special designations.

Common Land Covenants in Lewisham

• Restrictive Covenants: These legally enforceable conditions can limit the use or development of a property, such as preventing certain types of construction or specifying the use of the property.
• Positive Covenants: These require property owners to perform specific actions, like maintaining a shared boundary or contributing to communal infrastructure.

Factors to Consider

• Local Plans: Lewisham Council’s Local Plan sets out policies and guidelines for development, influencing decisions on housing, commercial development, and environmental protection.
• Conservation Areas: Additional planning controls may be in place within conservation areas to preserve historical or architectural significance.

Local Sources of Help

• Lewisham Council Planning Services: Offers support for planning applications, including advice on local planning regulations and policies.
• Land Registry: The definitive source for information on property ownership and details of any land covenants.

Tips for Navigating the System

• Pre-application Consultation: Engaging with planning officers before submitting a formal application can provide insights into potential planning constraints and the likelihood of approval.
• Legal Advice: Due to the complexities of land covenants, seeking legal advice can help clarify their implications for your property.

Understanding the planning permissions and land covenants in Lewisham ensures that property developments and alterations are compliant with local regulations and contribute positively to the community’s urban development.

Sources

• Lewisham Council: Planning
• HM Land Registry