According to the public record, Flat 4, Marlow Court 24, London is a modern leasehold apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in Marlow Court, Mcmillan Street, London, SE8.
Mcmillan Street, London, SE8 is located in the borough of Greenwich within the SE8 postal district.
Flat 4, Marlow Court 24, London has a single entry in the Land Registry database from June 2012 and a single entry in the EPC database dated March 2012.
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 Marlow Court 24 London as £298,578 and the rental value as £1,618 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 4 Marlow Court 24 London has decreased by £1,327 (0.4%) and its rental value has increased by £71 per month (4.4%).
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, Marlow Court 24, London is in very good condition we estimate a sale value of £313,507 and rental value of £1,699 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £277,678 and a rental value of £1,505 per month.
If you were able to purchase this property for the estimated value of £298,578, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,467 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, Marlow Court 24, London was last sold on 29 Jun 2012 for £189,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2012, the market for similar properties has risen 56.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Marlow Court 24, London within a radius of 330 metres over the last 2 years.
The most recent example is Flat 11, Ravensbourne Mansions 40, Berthon Street, London, SE8 3EB, a Leasehold flat which sold for £332,500 in Feb 2024.
Read more about house prices in SE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mcmillan Street, London, SE8 has a total of 227 addresses. According to our analysis of all the public data, Flat 4, Marlow Court 24, London is the 214th largest and the 183rd most expensive property on the street.
When compared to the postcode district it is £92k less expensive than the average property in SE8.
Flat 4, Marlow Court 24, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Mar 2012.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
The closest station to Flat 4, Marlow Court 24, 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 4, Marlow Court 24, London, 38.1% of property is privately rented and 25.4% 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 4, Marlow Court 24, London, 25.7% of residents are recorded as possessing school level qualifications and 70.8% 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, Marlow Court 24, 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 4, Marlow Court 24, London, 0.7% 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, Marlow Court 24, 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.