According to the public record, Flat 303, Thompson House 1, 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 Thompson House, Bowen Drive, London, SE7.
Bowen Drive, London, SE7 is located in the borough of Greenwich within the SE7 postal district.
Flat 303, Thompson House 1, London has a single entry in the Land Registry database from March 2020 and a single entry in the EPC database dated February 2020.
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 303 Thompson House 1 London as £362,543 and the rental value as £1,557 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Flat 303 Thompson House 1 London has increased by £7,689 (2.1%) and its rental value has increased by £75 per month (4.8%).
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 303, Thompson House 1, London is in very good condition we estimate a sale value of £380,670 and rental value of £1,635 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £337,165 and a rental value of £1,448 per month.
If you were able to purchase this property for the estimated value of £362,543, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,782 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 303, Thompson House 1, London was last sold on 06 Mar 2020 for £358,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2020, the market for similar properties has risen 2.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 303, Thompson House 1, London within a radius of 380 metres over the last 2 years.
The most recent example is Flat 304, Kington House 14, Bowen Drive, London, SE7 7GJ, a Leasehold flat which sold for £375,000 in Nov 2022.
Read more about house prices in SE7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bowen Drive, London, SE7 has a total of 331 addresses. According to our analysis of all the public data, Flat 303, Thompson House 1, London is the 314th largest and the 287th most expensive property on the street.
When compared to the postcode district it is £88k less expensive than the average property in SE7.
Flat 303, Thompson House 1, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Feb 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Flat 303, Thompson House 1, London is Charlton station which is 400 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 303, Thompson House 1, London, 59.8% of property is privately owned with a mortgage and 16.0% 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 303, Thompson House 1, London, 15.9% of residents are recorded as possessing school level qualifications and 65.0% 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 303, Thompson House 1, London, the average age was 31.6 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 303, Thompson House 1, 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 303, Thompson House 1, 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.