Magellan House, Canal Approach - SE8 5FD
Key Building Insights
Magellan House, Canal Approach is a residential building situated on Canal Approach, London, SE8 with 15 addresses.
It ranks as the 582nd largest and 323rd most expensive of the 769 buildings in the SE8 area. The most common property type is a modern flat built after 1980.
The building contains a total of 15 properties: 15 flats.
- Ave. Sale Price
- £361,117
- 10 Year change
- down 6.7%
- Ave. Rental Price
- £2,066pcm
- 10 Year change
- up 32.4%
- Ave. £ per ft²
- £458/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Key Building Insights
Magellan House, Canal Approach is a residential building situated on Canal Approach, London, SE8 with 15 addresses.
It ranks as the 582nd largest and 323rd most expensive of the 769 buildings in the SE8 area. The most common property type is a modern flat built after 1980.
The building contains a total of 15 properties: 15 flats.
- Ave. Sale Price
- £361,117
- 10 Year change
- down 6.7%
- Ave. Rental Price
- £2,066pcm
- 10 Year change
- up 32.4%
- Ave. £ per ft²
- £458/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Explore Propertieson Canal Approach, London, SE8
- Flat 1, Magellan House 22 Canal Approach
3 Bed Modern Flat
- Flat 2, Magellan House 22 Canal Approach
3 Bed Modern Flat
- Flat 3, Magellan House 22 Canal Approach
3 Bed Modern Flat
- Flat 4, Magellan House 22 Canal Approach
3 Bed Modern Flat
- Flat 5, Magellan House 22 Canal Approach
2 Bed Modern Flat
Sales Market Trends
The last sale in Magellan House, Canal Approach sold for £147,826 on 22nd December 2022. Since then prices are down an average of 0.0%.
The current average value in the building is £361,117.
The Magellan House, Canal Approach Sales Market has decreased by 6.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.7% | £361,117 |
| June 2025 | -1.2% | £370,984 |
| June 2024 | 2.3% | £375,580 |
| June 2023 | -3.2% | £367,033 |
| June 2022 | 1.1% | £379,259 |
| June 2021 | -0.7% | £374,953 |
| June 2020 | 1.9% | £377,448 |
| June 2019 | -1.2% | £370,314 |
| June 2018 | -3.4% | £374,962 |
| June 2017 | 0.3% | £388,209 |
| June 2016 | 9.7% | £386,891 |
| June 2015 | 10.8% | £352,556 |
| June 2014 | 26.3% | £318,063 |
| June 2013 | 5.6% | £251,864 |
| June 2012 | 4.4% | £238,562 |
| June 2011 | 4.7% | £228,403 |
| June 2010 | 8.4% | £218,170 |
| June 2009 | -13.9% | £201,346 |
| June 2008 | 2.9% | £233,730 |
| June 2007 | 0% | £227,151 |
Rental Market Trends
The current average rental value in the building is £2,066.
The Magellan House, Canal Approach Rental Market has increased by 32.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.1% | £2,066pcm |
| June 2025 | 0.4% | £1,986pcm |
| June 2024 | 4.9% | £1,977pcm |
| June 2023 | 12.7% | £1,884pcm |
| June 2022 | 12.2% | £1,672pcm |
| June 2021 | -5.2% | £1,490pcm |
| June 2020 | 0.6% | £1,572pcm |
| June 2019 | 2.6% | £1,562pcm |
| June 2018 | -0.2% | £1,523pcm |
| June 2017 | -2.1% | £1,527pcm |
| June 2016 | 1.2% | £1,561pcm |
| June 2015 | 5.5% | £1,542pcm |
| June 2014 | 4.3% | £1,462pcm |
| June 2013 | 1.2% | £1,401pcm |
| June 2012 | 7.5% | £1,385pcm |
| June 2011 | 11.6% | £1,287pcm |
| June 2010 | 6.7% | £1,153pcm |
| June 2009 | -8.8% | £1,081pcm |
| June 2008 | 3.4% | £1,185pcm |
| June 2007 | 0% | £1,147pcm |
Sales History
The last sale was on 22nd December 2022 for £147,826 and since then the market in the area has remained stable. The building has had a total of 4 sales since 1995.
Magellan House, Canal Approach, London, SE8 5FD has seen no sales in the last three years and no sales in the last twelve months.
- Sold Dec 2022£147,826 | 3 Bed FlatFlat 3, Magellan House 22, Canal Approach, London, SE8 5FDFlat 3, Magellan House 22, Canal Approach, London, SE8 5FD
- Sold Dec 2022£147,826 | 3 Bed FlatFlat 3, Magellan House 22, Canal Approach, London, SE8 5FDFlat 3, Magellan House 22, Canal Approach, London, SE8 5FD
- Sold Dec 2022£147,826 | 3 Bed FlatFlat 2, Magellan House 22, Canal Approach, London, SE8 5FDFlat 2, Magellan House 22, Canal Approach, London, SE8 5FD
- Sold Dec 2022£147,826 | 3 Bed FlatFlat 1, Magellan House 22, Canal Approach, London, SE8 5FDFlat 1, Magellan House 22, Canal Approach, London, SE8 5FD
Property Types
- 15 modern flats built after 1980
- modern flat (15)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 15 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (15)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Dec 2022£147,826 | 3 Bed FlatFlat 3, Magellan House 22, Canal Approach, London, SE8 5FDFlat 3, Magellan House 22, Canal Approach, London, SE8 5FD
- Sold Dec 2022£147,826 | 3 Bed FlatFlat 3, Magellan House 22, Canal Approach, London, SE8 5FDFlat 3, Magellan House 22, Canal Approach, London, SE8 5FD
- Sold Dec 2022£147,826 | 3 Bed FlatFlat 2, Magellan House 22, Canal Approach, London, SE8 5FDFlat 2, Magellan House 22, Canal Approach, London, SE8 5FD
Schools Nearby
- Twin Oaks Primary School200 m away
- Deptford Park Primary School400 m away
- Haberdashers' Hatcham Primary700 m away
- Deptford Green School800 m away
- Addey and Stanhope School1.4 km away
- City of London Academy (Southwark)1.8 km away
More reading links
Public Transport Nearby
The closest station to Magellan House, Canal Approach, London, SE8 5FD is New Cross Gate station, which is 1.0 kilometres away.
- New Cross Gate|1.0 km away
- Surrey Quays|1.0 km away
- South Bermondsey|1.1 km away
- New Cross|1.1 km away
