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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Public records show Flat 3, Downe House to be an early-century leasehold apartment with 538 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
Flat 3, Downe House has an estimated sale value of £198,017 and an estimated rental value of £1,125 per month, assuming reasonable condition and based on the information available.
The apartment sits within Downe House, Springfield Grove, London, SE7.
Springfield Grove, London, SE7 lies in the borough of Greenwich, within the SE7 postal district.
Flat 3, Downe House has a single entry in the Land Registry from September 2020 and a single entry in the EPC database dated June 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
In very good condition, we estimate Flat 3, Downe House would be worth £207,918, with a potential rental value of £1,181 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £184,156, with a rental value of £1,046 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 3, Downe House has moved down by £3,728 (1.9%) over the last year. During the same period, its estimated monthly rental value has increased by £46 (4.1%). The property's estimated gross yield is currently 6.8%.
Flat 3, Downe House has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jun 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Flat 3, Downe House last changed hands on 7th September 2020, selling for £175,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 18.4% since September 2020.
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 390 metres of Flat 3, Downe House across the last 2 years.
Most recently, 51, Shirley House Drive, London, SE7 7EL, a leasehold flat, sold at £130,000 on the 31st January 2011.
Read more about house prices in SE7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 3, Downe House as the 220th largest and the 224th most expensive of the 230 addresses on Springfield Grove, London, SE7.
Against the SE7 postcode district average, it is £262k less expensive than the typical property.
Charlton station is the nearest stop to Flat 3, Downe House at 700 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 3, Downe House, 78.6% of property is socially rented and 9.4% 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 3, Downe House, 32.1% of residents are recorded as possessing school level qualifications and 32.6% 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 3, Downe House, the average age was 36.9 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 3, Downe House, 0.0% 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 3, Downe House, 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.
