According to the public record, 20, Payne Street, London is a mid-century leasehold apartment with 839 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Payne Street, London, SE8 is located in the borough of Lewisham within the SE8 postal district.
20, Payne Street, London has 2 entries in the Land Registry database, most recently in June 2021 and a single entry in the EPC database dated January 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 20 Payne Street London as £364,326 and the rental value as £1,931 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 20 Payne Street London has increased by £1,270 (0.3%) and its rental value has increased by £95 per month (4.9%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 20, Payne Street, London is in very good condition we estimate a sale value of £382,542 and rental value of £2,027 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £338,823 and a rental value of £1,796 per month.
If you were able to purchase this property for the estimated value of £364,326, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,791 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 20, Payne Street, London was last sold on 15 Jun 2021 for £385,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2021, the market for similar properties has dropped 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 20, Payne Street, London within a radius of 320 metres over the last 2 years.
The most recent example is 13, Payne Street, London, SE8 4LP, a Leasehold flat which sold for £420,000 in Jul 2023.
Read more about house prices in SE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Payne Street, London, SE8 has a total of 41 addresses. According to our analysis of all the public data, 20, Payne Street, London is the 31st largest and the 31st most expensive property on the street.
When compared to the postcode district it is £26k less expensive than the average property in SE8.
20, Payne Street, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jan 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 20, Payne Street, London is Deptford station which is 300 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 20, Payne Street, London, 56.1% of property is socially rented and 19.7% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 20, Payne Street, London, 26.2% of residents are recorded as possessing school level qualifications and 35.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 20, Payne Street, London, the average age was 34.7 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 20, Payne Street, London, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 20, Payne Street, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.