According to the public record, 8, Smith Close, London is a modern freehold house with 1,130 ft2 of internal area and sits on a 235 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Smith Close, London, SE16 is located in the borough of Southwark within the SE16 postal district.
8, Smith Close, London has a single entry in the Land Registry database from August 2010 and a single entry in the EPC database dated September 2017.
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 8 Smith Close London as £845,959 and the rental value as £4,086 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 8 Smith Close London has increased by £1,367 (0.2%) and its rental value has increased by £164 per month (4.0%).
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, Smith Close, London is in very good condition we estimate a sale value of £888,257 and rental value of £4,290 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £786,742 and a rental value of £3,800 per month.
If you were able to purchase this property for the estimated value of £845,959, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,158 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 data from HM Land Registry, 8, Smith Close, London sits on a plot of 235m2.
We have plot size data on 9 out of 20 other houses in the postcode and 8, Smith Close, London sits on the 2nd largest plot.
According to HM Land Registry, 8, Smith Close, London was last sold on 26 Aug 2010 for £398,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2010, the market for similar properties has risen 68.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Smith Close, London within a radius of 400 metres over the last 2 years.
The most recent example is 7, Surrey Water Road, London, SE16 5BW, a Freehold house which sold for £865,000 in Mar 2024.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Smith Close, London, SE16 has a total of 29 addresses. According to our analysis of all the public data, 8, Smith Close, London is the 11th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £372k more expensive than the average property in SE16.
8, Smith Close, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Sep 2017.
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 8, Smith Close, London is Rotherhithe station which is 500 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, Smith Close, London, 31.8% of property is privately owned outright and 24.8% is socially 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 8, Smith Close, London, 10.5% of residents are recorded as possessing school level qualifications and 59.6% 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, Smith Close, London, the average age was 35.9 and the most common age was 27.
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, Smith Close, London, 1.6% 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, Smith Close, London, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.