According to the public record, 37, Payne Street, London is a mid-century leasehold apartment with 796 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.
37, Payne Street, London has a single entry in the Land Registry database from March 2014 and a single entry in the EPC database dated June 2024.
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 37 Payne Street London as £353,620 and the rental value as £1,900 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 37 Payne Street London has increased by £1,232 (0.3%) and its rental value has increased by £94 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 37, Payne Street, London is in very good condition we estimate a sale value of £371,301 and rental value of £1,995 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £328,867 and a rental value of £1,767 per month.
If you were able to purchase this property for the estimated value of £353,620, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,738 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, 37, Payne Street, London was last sold on 31 Mar 2014 for £250,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2014, the market for similar properties has risen 20.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 37, Payne Street, London within a radius of 320 metres over the last 2 years.
The most recent example is 2, Payne Street, London, SE8 4LP, a Leasehold flat which sold for £360,000 in Oct 2021.
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, 37, Payne Street, London is the 41st largest and the 41st most expensive property on the street.
When compared to the postcode district it is £37k less expensive than the average property in SE8.
37, Payne Street, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Jun 2024.
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 37, 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 37, 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 37, 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 37, 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 37, 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 37, 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.