According to the public record, Apartment 11, Ocean House 2, London is a modern leasehold apartment with 1,119 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Ocean House, Thunderer Walk, London, SE18.
Thunderer Walk, London, SE18 is located in the borough of Greenwich within the SE18 postal district.
Apartment 11, Ocean House 2, London has a single entry in the Land Registry database from June 2019 and a single entry in the EPC database dated October 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 Apartment 11 Ocean House 2 London as £146,449 and the rental value as £727 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Apartment 11 Ocean House 2 London has increased by £386 (0.3%) and its rental value has increased by £31 per month (4.3%).
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 Apartment 11, Ocean House 2, London is in very good condition we estimate a sale value of £153,772 and rental value of £763 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £136,198 and a rental value of £676 per month.
If you were able to purchase this property for the estimated value of £146,449, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £720 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, Apartment 11, Ocean House 2, London was last sold on 27 Jun 2019 for £152,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2019, the market for similar properties has risen 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 240 metres radius of Apartment 11, Ocean House 2, London over the last 2 years.
The most recent example is Apartment 21, Ocean House 2, Thunderer Walk, London, SE18 6NS, a Leasehold flat which sold for £130,000 in Sep 2023.
Read more about house prices in SE18.
Thunderer Walk, London, SE18 has a total of 152 addresses. According to our analysis of all the public data, Apartment 11, Ocean House 2, London is the 5th largest and the 133rd most expensive property on the street.
When compared to the postcode district it is £220k less expensive than the average property in SE18.
Apartment 11, Ocean House 2, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Oct 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 Apartment 11, Ocean House 2, London is Woolwich station which is 200 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 Apartment 11, Ocean House 2, London, 64.1% of property is socially rented and 15.5% 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 Apartment 11, Ocean House 2, London, 32.0% of residents are recorded as possessing school level qualifications and 40.6% 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 Apartment 11, Ocean 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 Apartment 11, Ocean House 2, 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 Apartment 11, Ocean House 2, London, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.