According to the public record, Apartment 7, Meridian Point, London is a modern leasehold apartment with 1,582 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Meridian Point, Creek Road, London, SE8.
Creek Road, London, SE8 is located in the borough of Greenwich within the SE8 postal district.
Apartment 7, Meridian Point, London has 2 entries in the Land Registry database, most recently in January 2009 and a single entry in the EPC database dated March 2022.
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 7 Meridian Point London as £724,849 and the rental value as £3,373 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Apartment 7 Meridian Point London has decreased by £6,543 (0.9%) and its rental value has increased by £132 per month (3.9%).
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 Apartment 7, Meridian Point, London is in very good condition we estimate a sale value of £761,091 and rental value of £3,542 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £674,109 and a rental value of £3,137 per month.
If you were able to purchase this property for the estimated value of £724,849, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,562 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 7, Meridian Point, London was last sold on 23 Jan 2009 for £465,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2009, the market for similar properties has risen 74.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 7, Meridian Point, London within a radius of 260 metres over the last 2 years.
The most recent example is Apartment 9, Meridian Point, Creek Road, London, SE8 3DB, a Leasehold flat which sold for £650,000 in Dec 2021.
Read more about house prices in SE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Creek Road, London, SE8 has a total of 96 addresses. According to our analysis of all the public data, Apartment 7, Meridian Point, London is the 2nd largest and the 4th most expensive property on the street.
When compared to the postcode district it is £335k more expensive than the average property in SE8.
Apartment 7, Meridian Point, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Mar 2022.
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 Apartment 7, Meridian Point, London is Deptford 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 Apartment 7, Meridian Point, London, 38.1% of property is privately rented and 25.4% 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 Apartment 7, Meridian Point, London, 25.7% of residents are recorded as possessing school level qualifications and 70.8% 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 7, Meridian Point, London, the average age was 31.6 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 Apartment 7, Meridian Point, London, 0.7% 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 7, Meridian Point, 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.