According to the public record, Flat 8, 8, Lambarde Square, London is a modern leasehold apartment with 893 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in 8, Lambarde Square, London, SE10.
Lambarde Square, London, SE10 is located in the borough of Greenwich within the SE10 postal district.
Flat 8, 8, Lambarde Square, London has a single entry in the Land Registry database from May 2022 and a single entry in the EPC database dated November 2014.
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 8 8 Lambarde Square London as £504,564 and the rental value as £2,996 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of Flat 8 8 Lambarde Square London has decreased by £7,229 (1.4%) and its rental value has increased by £172 per month (5.8%).
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 8, 8, Lambarde Square, London is in very good condition we estimate a sale value of £529,792 and rental value of £3,146 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £469,244 and a rental value of £2,786 per month.
If you were able to purchase this property for the estimated value of £504,564, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,480 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, 8, Lambarde Square, London was last sold on 19 May 2022 for £132,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2022, the market for similar properties has dropped 4.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, 8, Lambarde Square, London within a radius of 260 metres over the last 2 years.
The most recent example is Flat 36, 9, Hazel Lane, London, SE10 9FZ, a Leasehold flat which sold for £500,000 in Aug 2022.
Read more about house prices in SE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lambarde Square, London, SE10 has a total of 118 addresses. According to our analysis of all the public data, Flat 8, 8, Lambarde Square, London is the 25th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £59k less expensive than the average property in SE10.
Flat 8, 8, Lambarde Square, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Nov 2014.
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 8, 8, Lambarde Square, London is Maze Hill station which is 500 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, 8, Lambarde Square, London, 34.7% of property is privately rented and 25.0% is privately owned with a mortgage.
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, 8, Lambarde Square, London, 18.6% of residents are recorded as possessing school level qualifications and 55.6% 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, 8, Lambarde Square, London, the average age was 34.4 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 8, 8, Lambarde Square, London, 0.6% 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, 8, Lambarde Square, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.