According to the public record, Flat 29, Farrer House, London is a early-century leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Farrer House, Deptford Church Street, London, SE8.
Deptford Church Street, London, SE8 is located in the borough of Lewisham within the SE8 postal district.
Flat 29, Farrer House, London has 51 entries in the Land Registry database, most recently in June 2020 and a single entry in the EPC database dated July 2011.
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 29 Farrer House London as £354,217 and the rental value as £1,910 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 29 Farrer House London has decreased by £2,499 (0.7%) and its rental value has increased by £73 per month (3.8%).
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 29, Farrer House, London is in very good condition we estimate a sale value of £371,928 and rental value of £2,005 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £329,422 and a rental value of £1,776 per month.
If you were able to purchase this property for the estimated value of £354,217, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,741 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 29, Farrer House, London was last sold on 02 Jun 2020 for £410,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Jun 2020, the market for similar properties has dropped 3.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 29, Farrer House, London within a radius of 330 metres over the last 2 years.
The most recent example is Flat 18, Wilshaw House, Deptford Church Street, London, SE8 4SF, a Leasehold flat which sold for £378,000 in Mar 2024.
Read more about house prices in SE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Deptford Church Street, London, SE8 has a total of 275 addresses. According to our analysis of all the public data, Flat 29, Farrer House, London is the 48th largest and the 69th most expensive property on the street.
When compared to the postcode district it is £36k less expensive than the average property in SE8.
Flat 29, Farrer House, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Jul 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 29, Farrer House, 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 29, Farrer House, London, 46.3% of property is privately owned with a mortgage and 43.0% is privately owned outright.
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 29, Farrer House, London, 19.7% of residents are recorded as possessing school level qualifications and 39.5% 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 29, Farrer House, London, the average age was 34.7 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 29, Farrer House, 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 29, Farrer House, London, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.