As updated by London Property Management in Mar 2021, Flat 1003, Hopgood Tower 15, London is a modern leasehold apartment with a share of the freehold and with 833 ft2 of internal area comprising 2 bedrooms with a balcony.
The apartment is in Hopgood Tower, Pegler Square, London, SE3.
Pegler Square, London, SE3 is located in the borough of Greenwich within the SE3 postal district.
Based on both the data supplied by London Property Management and the public information available in the area, we estimate the current sale value for Flat 1003 Hopgood Tower 15 London as £501,334 and the rental value as £2,041 per month giving an expected gross yield of 4.9%.
London Property Management described the decorative condition as fair in Mar 2021.
Over the last 12 months the sale value of Flat 1003 Hopgood Tower 15 London has increased by £1,690 (0.3%) and its rental value has increased by £111 per month (5.4%).
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 Flat 1003, Hopgood Tower 15, London is in very good condition we estimate a sale value of £526,401 and rental value of £2,143 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £466,241 and a rental value of £1,898 per month.
If you were able to purchase this property for the estimated value of £501,334, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,464 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, Flat 1003, Hopgood Tower 15, London was last sold on 29 Mar 2019 for £529,200 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2019, the market for similar properties has risen 5.5%
According to London Property Management , Flat 1003, Hopgood Tower 15, London was let once since 2021 with the latest being in Mar 2021 for an undisclosed price.
Since Mar 2021, the market values of similar properties has risen 31.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1003, Hopgood Tower 15, London within a radius of 450 metres over the last 2 years.
The most recent example is Flat 703, Hopgood Tower 15, Pegler Square, London, SE3 9FX, a Leasehold flat which sold for £500,000 in Jul 2023.
Read more about house prices in SE3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pegler Square, London, SE3 has a total of 282 addresses. According to our analysis of all the public data, Flat 1003, Hopgood Tower 15, London is the 42nd largest and the 135th most expensive property on the street.
When compared to the postcode district it is £142k less expensive than the average property in SE3.
Flat 1003, Hopgood Tower 15, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 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 Flat 1003, Hopgood Tower 15, London is Kidbrooke station which is 100 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 Flat 1003, Hopgood Tower 15, London, 38.5% of property is socially rented and 23.4% 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 Flat 1003, Hopgood Tower 15, London, 23.2% of residents are recorded as possessing school level qualifications and 26.6% 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 Flat 1003, Hopgood Tower 15, London, the average age was 37.2 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 Flat 1003, Hopgood Tower 15, London, 0.4% 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 Flat 1003, Hopgood Tower 15, London, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.