According to the public record, Flat 8, 1, Station Approach Southside, London is a modern leasehold apartment with 925 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 1, Station Approach Southside, London, SE9.
Station Approach Southside, London, SE9 is located in the borough of Greenwich within the SE9 postal district.
Flat 8, 1, Station Approach Southside, London has a single entry in the Land Registry database from March 2021 and a single entry in the EPC database dated June 2019.
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 8 1 Station Approach Southside London as £442,500 and the rental value as £1,821 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Flat 8 1 Station Approach Southside London has decreased by £350 (0.1%) and its rental value has increased by £80 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 8, 1, Station Approach Southside, London is in very good condition we estimate a sale value of £464,625 and rental value of £1,912 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £411,525 and a rental value of £1,693 per month.
If you were able to purchase this property for the estimated value of £442,500, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,175 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 8, 1, Station Approach Southside, London was last sold on 26 Mar 2021 for £432,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2021, the market for similar properties has risen 3.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, 1, Station Approach Southside, London within a radius of 660 metres over the last 2 years.
The most recent example is Flat 1, 96, Court Road, London, SE9 5NS, a Leasehold flat which sold for £490,000 in Apr 2022.
Read more about house prices in SE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Station Approach Southside, London, SE9 has a total of 14 addresses. According to our analysis of all the public data, Flat 8, 1, Station Approach Southside, London is the largest and the most expensive property on the street.
When compared to the postcode district it is £13k less expensive than the average property in SE9.
Flat 8, 1, Station Approach Southside, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Jun 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 8, 1, Station Approach Southside, London is Mottingham station which is 0 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 8, 1, Station Approach Southside, London, 36.0% of property is privately owned with a mortgage and 22.1% 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 8, 1, Station Approach Southside, London, 13.6% of residents are recorded as possessing school level qualifications and 39.4% 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 8, 1, Station Approach Southside, London, the average age was 39.1 and the most common age was 52.
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 8, 1, Station Approach Southside, 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 8, 1, Station Approach Southside, London, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.