According to the public record, Flat 1203, Hopgood Tower 15, London is a modern leasehold apartment with 828 ft2 of internal area.
Apartments of this size in this area normally have 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.
Flat 1203, Hopgood Tower 15, London has a single entry in the Land Registry database from March 2019 and a single entry in the EPC database dated December 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 Flat 1203 Hopgood Tower 15 London as £349,286 and the rental value as £2,031 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of Flat 1203 Hopgood Tower 15 London has increased by £1,178 (0.3%) and its rental value has increased by £110 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 1203, Hopgood Tower 15, London is in very good condition we estimate a sale value of £366,750 and rental value of £2,133 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £324,836 and a rental value of £1,889 per month.
If you were able to purchase this property for the estimated value of £349,286, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,717 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 1203, Hopgood Tower 15, London was last sold on 25 Mar 2019 for £535,000 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1203, Hopgood Tower 15, London within a radius of 450 metres over the last 2 years.
The most recent example is Flat 148, Halton Court 5, Cranfield Walk, London, SE3 9EX, a Leasehold flat which sold for £300,000 in May 2021.
Read more about house prices in SE3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let of a property similar to Flat 1203, Hopgood Tower 15, London within a radius of 450 metres over the last 2 years.
Most recently Flat 1003, Hopgood Tower 15, Pegler Square, London, SE3 9FX, a Leasehold flat let by London Property Management in Mar 2021.
*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 1203, Hopgood Tower 15, London is the 63rd largest and the 273rd most expensive property on the street.
When compared to the postcode district it is £294k less expensive than the average property in SE3.
Flat 1203, Hopgood Tower 15, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Dec 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 1203, 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 1203, 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 1203, 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 1203, 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 1203, 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 1203, 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.