29 New Cross Road, London, SE14 5DS

HP Score
- Verdict: INVESTIGATE, on a scale of Buy, Investigate, Avoid.
Strong fundamentals; flood risk not assessed
Verdict
Derived from HomePortfolio scores
29 New Cross Road earns an INVESTIGATE rating with HP Score 78/100. Investment score 68/100 reflects moderate fundamentals. Crime intensity is low. Walkability is excellent (97/100). Flood risk is not assessed: check the Environment Agency long-term flood map before offering. Tenure is freehold. Every figure here comes from the live HomePortfolio API; anything it does not publish is left out.
Valuation & Market
Risk Overview
- Flood RiskUnknown
- SubsidenceSignificant
- RadonLow
- MiningModerate
- LandslideLow
- Air QualityLow
- NoiseLow
Planning Activity
- Pending26/AP/3179Non-material amendment of planning permission 23/AP/3474 (Minor Material Amendment of Condition 2 (Approved Plans) of planning permission 22/AP/1221 for: "Hybrid application comprising a full planning application for Phase 1 comprising the demolition of Hillbeck Close, Ullswater House and garages at Manor Grove and the erection of four buildings at 2/3-storeys (D1 and D2), 5/9-storeys (C) and 7/13-storeys (G1) providing 167 homes (Class C3) with associated parking, public realm, open spaces, landscaping and ancillary infrastructure; and the refurbishment of properties at Manor Grove. Outline planning permission (all matters reserved except for access) for phases 2, 3 and 4 comprising the demolition of Bowness House, Pilgrims Way Primary School, Kentmere House and Heversham House and the erection of 12 buildings (A, B, E1, E2, E3, E4, F1, F2, G2, H, J and Pilgrims Way Primary School) ranging in height from 2 to 21 storeys to provide up to 57,786 sqm of floorspace (GEA), comprising up to 523 affordable and market homes (Class C3), up to 3,452 sqm (GEA) of flexible commercial floorspace (Class E, F1 and sui generis) and up to 2,214 sqm (GEA) of educational floorspace (Class F1) including temporary space for the children's centre, with associated parking, public realm, open spaces (including MUGA), landscaping and ancillary infrastructure. Providing a total of 690 homes (Use Class C3) and 5,666 sqm (GEA) of non-residential floorspace (Use Classes E, F1 and sui generis)") NMA: To amend the wording of Condition 61.
- PendingDC/26/145862Application for a Lawful Development Certificate (proposed) submitted under Section 191 of the Town & Country Planning Act 1990 (as amended) for the use of the two studios as two self-contained residential units (Use Class C3) at 30 Billington Road.
- Pending26/AP/3155Details submitted to satisfy Schedule 4, clauses 2.1, 3.1, 4.1(a) (Early stage review) of the Section 106 Agreement associated with planning permission 24/AP/0255 (as amended) which gave consent for "Variation of Condition 1 'Approved Plans', Condition 2 'Time and quantum of uses' and Condition 26 'Green, Brown and Blue Roofs' attached to planning permission 19/AP/1710, for: "Demolition of existing buildings on the site and the comprehensive mixed-use redevelopment of the site comprising of two buildings for residential (Use Class C3 ), flexible retail and commercial floorspace at ground floor and use class C1 at mezzanine level, new public park, private and communal amenity space, associated car and cycle parking, access and servicing arrangements, plant and other associated works". For information the amendments include the following: - Increase of 30 units, bringing the overall total to 292 homes; - Proposed extension to the west building by five floors to accommodate for the additional residential units; - Conversion of the Mezzanine to provide 16 new C1 Hotel Use studio apartments; - The addition of retail / commercial space to the Old Kent Road active frontages; - The increase of affordable housing from 39.8% to 40.04%; and - Changes to the internal layout, including the incorporation of two stairs to both building cores, to ensure compliance with fire safety regulations."
Ownership
- Corporate Ownership62.5%
- Overseas OwnershipNo
- Lease Term Remaining-
- CovenantsRestrictive
- Lease TypeFreehold
- Last Ownership Change2020-01-03
- SourceLand Registry
Connectivity
Area Profile
Schools Nearby
- -Pilgrims' Way Primary School0.2 mi
- Kender Primary School0.3 miArea grades2025
Inspected after Ofsted withdrew the single overall grade.
- Haberdashers' Hatcham Primary0.3 miGood
- Bird In Bush School0.5 miGood
2 of 13 nearby schools with published figures were oversubscribed in 2026 - demand, not a catchment.
Comparables
- Christopher Court, 7 New Cross Road-£300k-
- 41 New Cross Road-£798k-
- Christopher Court, 7 New Cross Road-£435k-
- 5 New Cross Road-£800k-