According to the public record, Flat 25.02, Aragon Tower, London is a modern leasehold apartment with 990 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Aragon Tower, George Beard Road, London, SE8.
George Beard Road, London, SE8 is located in the borough of Lewisham within the SE8 postal district.
Flat 25.02, Aragon Tower, London has 3 entries in the Land Registry database, most recently in April 2022 and a single entry in the EPC database dated October 2021.
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 good condition, we estimate the current sale value for Flat 25.02 Aragon Tower London as £470,719 and the rental value as £2,343 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 25.02 Aragon Tower London has increased by £600 (0.1%) and its rental value has increased by £103 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 25.02, Aragon Tower, London is in very good condition we estimate a sale value of £494,255 and rental value of £2,460 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £437,768 and a rental value of £2,179 per month.
If you were able to purchase this property for the estimated value of £470,719, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,313 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 25.02, Aragon Tower, London was last sold on 19 Apr 2022 for £595,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2022, the market for similar properties has dropped 2.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 25.02, Aragon Tower, London within a radius of 350 metres over the last 2 years.
The most recent example is Flat 22.07, Aragon Tower, George Beard Road, London, SE8 3AL, a Leasehold flat which sold for £377,500 in Sep 2023.
Read more about house prices in SE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
George Beard Road, London, SE8 has a total of 166 addresses. According to our analysis of all the public data, Flat 25.02, Aragon Tower, London is the 14th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £81k more expensive than the average property in SE8.
Flat 25.02, Aragon Tower, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Oct 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, warm air, electric.
The closest station to Flat 25.02, Aragon Tower, London is Surrey Quays station which is 1.2 kilometres 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 25.02, Aragon Tower, London, 47.5% of property is privately rented and 26.6% 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 25.02, Aragon Tower, London, 14.9% of residents are recorded as possessing school level qualifications and 58.8% 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 25.02, Aragon Tower, 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 25.02, Aragon Tower, London, 1.1% 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 25.02, Aragon Tower, 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.