According to the public record, 48 Bowspirit Apartments, Creekside, London is a modern leasehold apartment with 796 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in 1-66, Creekside, London, SE8.
Creekside, London, SE8 is located in the borough of Lewisham within the SE8 postal district.
48 Bowspirit Apartments, Creekside, London has 2 entries in the Land Registry database, most recently in February 2023 and a single entry in the EPC database dated March 2018.
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 48 Bowspirit Apartments Creekside London as £487,531 and the rental value as £2,379 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 48 Bowspirit Apartments Creekside London has decreased by £3,439 (0.7%) and its rental value has increased by £91 per month (3.8%).
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 48 Bowspirit Apartments, Creekside, London is in very good condition we estimate a sale value of £511,908 and rental value of £2,498 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £453,404 and a rental value of £2,212 per month.
If you were able to purchase this property for the estimated value of £487,531, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,396 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, 48 Bowspirit Apartments, Creekside, London was last sold on 16 Feb 2023 for £575,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2023, the market for similar properties has dropped 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48 Bowspirit Apartments, Creekside, London within a radius of 290 metres over the last 2 years.
The most recent example is 33 Bowspirit Apartments, Creekside, London, SE8 3GP, a Leasehold flat which sold for £513,000 in Sep 2023.
Read more about house prices in SE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Creekside, London, SE8 has a total of 179 addresses. According to our analysis of all the public data, 48 Bowspirit Apartments, Creekside, London is the 69th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £97k more expensive than the average property in SE8.
48 Bowspirit Apartments, Creekside, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Mar 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to 48 Bowspirit Apartments, Creekside, London is Deptford station which is 400 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 48 Bowspirit Apartments, Creekside, London, 46.3% of property is privately owned with a mortgage and 43.0% is privately owned outright.
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 48 Bowspirit Apartments, Creekside, London, 19.7% of residents are recorded as possessing school level qualifications and 39.5% 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 48 Bowspirit Apartments, Creekside, 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 48 Bowspirit Apartments, Creekside, 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 48 Bowspirit Apartments, Creekside, London, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.