According to the public record, Flat 29, Inwen Court, London is a modern leasehold apartment with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Inwen Court, Grinstead Road, London, SE8.
Grinstead Road, London, SE8 is located in the borough of Lewisham within the SE8 postal district.
Flat 29, Inwen Court, London has a single entry in the Land Registry database from September 2014 and a single entry in the EPC database dated January 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 reasonable condition, we estimate the current sale value for Flat 29 Inwen Court London as £350,300 and the rental value as £1,898 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 29 Inwen Court London has increased by £4,447 (1.3%) and its rental value has increased by £115 per month (6.1%).
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, Inwen Court, London is in very good condition we estimate a sale value of £367,815 and rental value of £1,993 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £325,779 and a rental value of £1,765 per month.
If you were able to purchase this property for the estimated value of £350,300, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,722 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, Inwen Court, London was last sold on 05 Sep 2014 for £180,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2014, the market for similar properties has risen 12.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 29, Inwen Court, London within a radius of 400 metres over the last 2 years.
The most recent example is Flat 159, Inwen Court, Grinstead Road, London, SE8 5BN, a Leasehold flat which sold for £360,000 in Aug 2023.
Read more about house prices in SE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grinstead Road, London, SE8 has a total of 225 addresses. According to our analysis of all the public data, Flat 29, Inwen Court, London is the 16th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £40k less expensive than the average property in SE8.
Flat 29, Inwen Court, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Jan 2021.
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, Inwen Court, London is Surrey Quays station which is 1.1 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 29, Inwen Court, London, 47.1% of property is privately rented and 30.0% 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 29, Inwen Court, London, 16.3% of residents are recorded as possessing school level qualifications and 55.9% 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, Inwen Court, London, the average age was 33.9 and the most common age was 27.
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, Inwen Court, 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 29, Inwen Court, 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.