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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
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According to the public record, Flat 3, Downe House is a early-century leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 3, Downe House is £198,017 and the estimated rental value is £1,125 per month.
The apartment is within Downe House, Springfield Grove, London, SE7.
Springfield Grove, London, SE7 is located 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.
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 3, Downe House is in very good condition we estimate a sale value of £207,918 and a rental value of £1,181 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £184,156 and a rental value of £1,046 per month.
Over the last 12 months the sale value of Flat 3 Downe House has decreased by an estimated £3,728 (1.9%) and its rental value has increased by an estimated £46 per month (4.1%), giving an expected gross yield of 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.
According to HM Land Registry, Flat 3, Downe House was last sold on 7th September 2020 for £175,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2020, the market for similar properties has risen 18.4%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 3, Downe House within a radius of 390 metres over the last 2 years.
The most recent example is 51, Shirley House Drive, London, SE7 7EL, a leasehold flat which sold for £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.
Springfield Grove, London, SE7 has a total of 230 addresses. According to our analysis of all the public data, Flat 3, Downe House is the 220th largest and the 224th most expensive property on the street.
When compared to the postcode district it is £262k less expensive than the average property in SE7.
The nearest school is Our Lady of Grace Catholic Primary School which is 400 metres away. The nearest train station is Charlton which is 700 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
