According to the public record, 8, The Colonnade, London is a period apartment with 376 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The Colonnade, London, SE8 is located in the borough of Lewisham within the SE8 postal district.
8, The Colonnade, London has no records in the Land Registry database and a single entry in the EPC database dated July 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 The Colonnade London as £222,017 and the rental value as £1,260 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 8 The Colonnade London has increased by £3,139 (1.4%) and its rental value has increased by £72 per month (5.7%).
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, The Colonnade, London is in very good condition we estimate a sale value of £233,118 and rental value of £1,323 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £206,476 and a rental value of £1,172 per month.
If you were able to purchase this property for the estimated value of £222,017, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,091 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 2 sales of properties similar to 8, The Colonnade, London within a radius of 260 metres over the last 2 years.
The most recent example is 47, Barfleur Lane, London, SE8 3DD, a Leasehold flat which sold for £186,750 in Jul 2018.
Read more about house prices in SE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Colonnade, London, SE8 has a total of 8 addresses. According to our analysis of all the public data, 8, The Colonnade, London is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £168k less expensive than the average property in SE8.
8, The Colonnade, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Jul 2014.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 8, The Colonnade, London is Surrey Quays station which is 1.0 kilometres 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, The Colonnade, London, 60.2% of property is socially rented and 23.0% 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 8, The Colonnade, London, 14.0% of residents are recorded as possessing school level qualifications and 37.4% 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, The Colonnade, London, the average age was 33.2 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 8, The Colonnade, London, 3.0% 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 8, The Colonnade, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.