According to the public record, Flat 63, Oslo Tower, London is a modern leasehold apartment with 1,108 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Oslo Tower, Naomi Street, London, SE8.
Naomi Street, London, SE8 is located in the borough of Lewisham within the SE8 postal district.
Flat 63, Oslo Tower, London has a single entry in the Land Registry database from December 2015 and a single entry in the EPC database dated October 2015.
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 63 Oslo Tower London as £639,377 and the rental value as £3,764 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of Flat 63 Oslo Tower London has decreased by £2,013 (0.3%) and its rental value has increased by £139 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 63, Oslo Tower, London is in very good condition we estimate a sale value of £671,345 and rental value of £3,953 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £594,620 and a rental value of £3,501 per month.
If you were able to purchase this property for the estimated value of £639,377, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,142 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 63, Oslo Tower, London was last sold on 16 Dec 2015 for £642,800 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2015, the market for similar properties has dropped 2.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 63, Oslo Tower, London within a radius of 210 metres over the last 2 years.
The most recent example is 143 Copenhagen Court, Pell Street, London, SE8 5ES, a Leasehold flat which sold for £570,000 in Jul 2022.
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 2 lets within a 210 metres radius of Flat 63, Oslo Tower, London over the last 2 years.
Most recently Flat 47, Oslo Tower, Naomi Street, London, SE8 5EP, a Leasehold flat let by London Property Management in Jun 2022.
Naomi Street, London, SE8 has a total of 238 addresses. According to our analysis of all the public data, Flat 63, Oslo Tower, London is the 4th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £249k more expensive than the average property in SE8.
Flat 63, Oslo Tower, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Oct 2015.
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 63, Oslo Tower, London is Surrey Quays station which is 700 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 63, Oslo Tower, 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 63, Oslo Tower, 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 63, Oslo Tower, 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 63, Oslo Tower, 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 63, Oslo Tower, 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.