2, Payne Street
2, Payne Street
Description & Estimates
According to the public record, 2, Payne Street is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 789 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Payne Street is £343,638 and the estimated rental value is £1,953 per month.
Payne Street, London, SE8 is located in the borough of Lewisham within the SE8 postal district.
Our Data Sources
2, Payne Street has a single entry in the Land Registry from October 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
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 2, Payne Street is in very good condition we estimate a sale value of £360,820 and a rental value of £2,051 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £319,583 and a rental value of £1,817 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Payne Street has moved down by £8,696 (2.5%), while its estimated rental value has increased by £107 per month (5.5%). Based on current estimates, the property offers a gross rental yield of 6.8%.
Sold Prices
According to HM Land Registry, 2, Payne Street was last sold on 8th October 2021 for £360,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2021, the market for similar properties has risen by 3.9%.
- Sold Oct 2021£360,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Payne Street within a radius of 310 metres over the last 2 years.
The most recent example is Flat 22, Stanhope House, Adolphus Street, London, SE8 4LX, a leasehold flat which sold for £395,000 on the 7th February 2025.
Read more about house prices in SE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Payne Street, London, SE8 has a total of 41 addresses. According to our analysis of all the public data, 2, Payne Street is the 41st largest and the 41st most expensive property on the street.
When compared to the postcode district it is £54k less expensive than the average property in SE8.
More reading links
Schools Nearby
- 200mGrinling Gibbons Primary School
- 300mSt Joseph's Catholic Primary School
- 500mTidemill Academy
- 500mDeptford Green School
- 600mAddey and Stanhope School
- 1.6kmHaberdashers' Hatcham College
More reading links
Public Transport Nearby
The closest station to 2, Payne Street is Deptford station, which is 300 metres away.
- 300mDeptford
- 400mNew Cross
- 800mDeptford Bridge
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
