According to the public record, 8, Cadet House 2, London is a modern apartment with 828 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Cadet House, Victory Parade, London, SE18.
Victory Parade, London, SE18 is located in the borough of Greenwich within the SE18 postal district.
8, Cadet House 2, London has no records in the Land Registry database and a single entry in the EPC database dated November 2014.
We combine this information with public data 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 8 Cadet House 2 London as £455,661 and the rental value as £2,074 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 8 Cadet House 2 London has increased by £3,665 (0.8%) and its rental value has increased by £102 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 8, Cadet House 2, London is in very good condition we estimate a sale value of £478,444 and rental value of £2,177 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £423,765 and a rental value of £1,929 per month.
If you were able to purchase this property for the estimated value of £455,661, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,239 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Cadet House 2, London within a radius of 250 metres over the last 2 years.
The most recent example is 50, Naval House 6, Victory Parade, London, SE18 6FN, a Leasehold flat which sold for £500,000 in May 2024.
Read more about house prices in SE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Victory Parade, London, SE18 has a total of 468 addresses. According to our analysis of all the public data, 8, Cadet House 2, London is the 73rd largest and the 115th most expensive property on the street.
When compared to the postcode district it is £89k more expensive than the average property in SE18.
8, Cadet House 2, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Nov 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to 8, Cadet House 2, London is Woolwich station which is 0 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 8, Cadet House 2, London, 71.3% of property is privately rented and 22.8% is privately owned with a mortgage.
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 8, Cadet House 2, London, 8.7% of residents are recorded as possessing school level qualifications and 67.6% 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 8, Cadet House 2, London, the average age was 34 and the most common age was 12.
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 8, Cadet House 2, London, 2.4% 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 8, Cadet House 2, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.