According to the public record, Flat 30, Compass House, London is a modern leasehold apartment with 419 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Compass House, Armoury Road, London, SE8.
Armoury Road, London, SE8 is located in the borough of Lewisham within the SE8 postal district.
Flat 30, Compass House, London has a single entry in the Land Registry database from June 2022 and a single entry in the EPC database dated August 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 30 Compass House London as £257,559 and the rental value as £1,459 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of Flat 30 Compass House London has increased by £9,056 (3.5%) and its rental value has increased by £106 per month (7.3%).
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 30, Compass House, London is in very good condition we estimate a sale value of £270,437 and rental value of £1,532 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £239,530 and a rental value of £1,357 per month.
If you were able to purchase this property for the estimated value of £257,559, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,266 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 30, Compass House, London was last sold on 08 Jun 2022 for £256,800 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2022, the market for similar properties has risen 2.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 30, Compass House, London within a radius of 240 metres over the last 2 years.
The most recent example is Flat 510, Baquba Building, Conington Road, London, SE13 7FG, a Leasehold flat which sold for £250,000 in May 2024.
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 240 metres radius of Flat 30, Compass House, London over the last 2 years.
Most recently Flat 309, Nara Building, Conington Road, London, SE13 7FH, a Leasehold flat let by Your Home Managed in May 2024.
Armoury Road, London, SE8 has a total of 257 addresses. According to our analysis of all the public data, Flat 30, Compass House, London is the 175th largest and the 202nd most expensive property on the street.
When compared to the postcode district it is £133k less expensive than the average property in SE8.
Flat 30, Compass House, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Aug 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 30, Compass House, London is Lewisham station which is 200 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 30, Compass House, London, 35.7% of property is socially rented and 32.9% is shared ownership.
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 30, Compass House, London, 23.8% of residents are recorded as possessing school level qualifications and 56.7% 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 30, Compass House, London, the average age was 37.2 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 30, Compass 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 30, Compass House, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.