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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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Flat 4, Downe House is described in the public record as an early-century apartment with 893 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 4, Downe House is £259,237 and its rental estimate is £1,428 per month, given the available information and assuming reasonable condition.
Downe House, Springfield Grove is a residential building on Springfield Grove, London, SE7 and falls within the SE7 postal district and the London Borough of Greenwich.
Flat 4, Downe House has no records in the the Land Registry and a single entry in the EPC database dated September 2023.
We combine this information with public data 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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 4, Downe House, we estimate a market value of £272,199 and a rental value of £1,499 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £241,090 and £1,328 per month respectively.
Over the last year, Flat 4, Downe House has seen its estimated sale value move down by £6,510 (2.5%) and its estimated rental value increase by £54 per month (3.8%). This results in an estimated gross rental yield of 6.6%.
Flat 4, Downe House has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Sep 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to Flat 4, Downe House have sold within a radius of 390 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th June 2024, was Flat 6, Mascalls Court, Victoria Way, London, SE7 7TU, a leasehold flat which sold for £250,000.
Read more about house prices in SE7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 230 addresses on Springfield Grove, London, SE7, Flat 4, Downe House comes out as the 102nd largest and the 154th most expensive in our analysis of the public data.
It is also £201k less expensive than the average property across the SE7 district.
From Flat 4, Downe House, the nearest station is Charlton, 700 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 4, 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 4, 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 4, 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 4, 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 4, 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.
