According to the public record, Flat 4, Aurora Point 277, London is a modern leasehold apartment with 925 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Aurora Point, Grove Street, London, SE8.
Grove Street, London, SE8 is located in the borough of Lewisham within the SE8 postal district.
Flat 4, Aurora Point 277, London has 6 entries in the Land Registry database, most recently in October 2018 and a single entry in the EPC database dated June 2018.
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 4 Aurora Point 277 London as £550,666 and the rental value as £2,379 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Flat 4 Aurora Point 277 London has decreased by £1,734 (0.3%) and its rental value has increased by £88 per month (3.7%).
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 4, Aurora Point 277, London is in very good condition we estimate a sale value of £578,199 and rental value of £2,498 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £512,119 and a rental value of £2,212 per month.
If you were able to purchase this property for the estimated value of £550,666, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,706 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 4, Aurora Point 277, London was last sold on 16 Oct 2023 for £480,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since Oct 2023, the market for similar properties has dropped 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Aurora Point 277, London within a radius of 270 metres over the last 2 years.
The most recent example is Flat 3, Aurora Point 2, Winchester Square, London, SE8 3FQ, a Leasehold flat which sold for £405,000 in Nov 2023.
Read more about house prices in SE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grove Street, London, SE8 has a total of 519 addresses. According to our analysis of all the public data, Flat 4, Aurora Point 277, London is the 45th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £160k more expensive than the average property in SE8.
Flat 4, Aurora Point 277, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Jun 2018.
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 4, Aurora Point 277, London is Surrey Quays station which is 900 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 4, Aurora Point 277, London, 44.0% of property is socially rented and 28.9% is privately 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 4, Aurora Point 277, London, 18.8% of residents are recorded as possessing school level qualifications and 49.4% 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 4, Aurora Point 277, 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 4, Aurora Point 277, London, 0.5% 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 4, Aurora Point 277, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.