According to the public record, Flat 22, Crofters Court, London is a modern leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Crofters Court, Croft Street, London, SE8.
Croft Street, London, SE8 is located in the borough of Lewisham within the SE8 postal district.
Flat 22, Crofters Court, London has 2 entries in the Land Registry database, most recently in January 2023 and a single entry in the EPC database dated June 2016.
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 22 Crofters Court London as £367,159 and the rental value as £1,759 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 22 Crofters Court London has increased by £5,194 (1.4%) and its rental value has increased by £96 per month (5.5%).
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 22, Crofters Court, London is in very good condition we estimate a sale value of £385,517 and rental value of £1,847 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £341,458 and a rental value of £1,636 per month.
If you were able to purchase this property for the estimated value of £367,159, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,804 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 22, Crofters Court, London was last sold on 06 Jan 2023 for £395,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2023, the market for similar properties has dropped 0.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 22, Crofters Court, London within a radius of 250 metres over the last 2 years.
The most recent example is Flat 30, Mandara Place, Yeoman Street, London, SE8 5ET, a Leasehold flat which sold for £380,000 in Jan 2023.
Read more about house prices in SE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 250 metres radius of Flat 22, Crofters Court, London over the last 2 years.
Most recently Flat 132, Copenhagen Court, Pell Street, London, SE8 5ES, a Leasehold flat let by London Property Management in Aug 2021.
Croft Street, London, SE8 has a total of 119 addresses. According to our analysis of all the public data, Flat 22, Crofters Court, London is the 42nd largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £23k less expensive than the average property in SE8.
Flat 22, Crofters Court, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Jun 2016.
The property is connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to Flat 22, Crofters Court, London is Surrey Quays 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 Flat 22, Crofters Court, London, 63.6% of property is socially rented and 17.8% is privately 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 22, Crofters Court, London, 12.8% of residents are recorded as possessing school level qualifications and 31.1% 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 22, Crofters Court, London, the average age was 33.2 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 22, Crofters Court, 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 Flat 22, Crofters Court, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.