According to the public record, Flat 19, Marlow Court 24, London is a modern leasehold apartment with 365 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in Marlow Court, Mcmillan Street, London, SE8.
Mcmillan Street, London, SE8 is located in the borough of Greenwich within the SE8 postal district.
Flat 19, Marlow Court 24, London has a single entry in the Land Registry database from May 2012 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 Flat 19 Marlow Court 24 London as £262,067 and the rental value as £1,437 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Flat 19 Marlow Court 24 London has decreased by £1,165 (0.4%) and its rental value has increased by £63 per month (4.4%).
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 19, Marlow Court 24, London is in very good condition we estimate a sale value of £275,170 and rental value of £1,508 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £243,722 and a rental value of £1,336 per month.
If you were able to purchase this property for the estimated value of £262,067, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,288 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 19, Marlow Court 24, London was last sold on 30 May 2012 for £175,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2012, the market for similar properties has risen 55.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 19, Marlow Court 24, London within a radius of 330 metres over the last 2 years.
The most recent example is Apartment 47, The Drakes 390, Evelyn Street, London, SE8 5BU, a Leasehold flat which sold for £220,000 in Jan 2024.
Read more about house prices in SE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mcmillan Street, London, SE8 has a total of 227 addresses. According to our analysis of all the public data, Flat 19, Marlow Court 24, London is the 220th largest and the 188th most expensive property on the street.
When compared to the postcode district it is £128k less expensive than the average property in SE8.
Flat 19, Marlow Court 24, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Mar 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 19, Marlow Court 24, London is Deptford station which is 300 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 19, Marlow Court 24, 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 Flat 19, Marlow Court 24, 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 Flat 19, Marlow Court 24, 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 Flat 19, Marlow Court 24, 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 Flat 19, Marlow Court 24, 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.