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Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 48, Vertex Tower 3 is £455,582 and the estimated rental value is £2,173 per month.
The apartment is within Vertex Tower, Harmony Place, London, SE8.
Harmony Place, London, SE8 is located in the borough of Greenwich within the SE8 postal district.
Flat 48, Vertex Tower 3 has a single entry in the Land Registry from March 2012 and a single entry in the EPC database dated December 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 48, Vertex Tower 3 is in very good condition we estimate a sale value of £478,361 and a rental value of £2,282 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £423,691 and a rental value of £2,021 per month.
Over the last 12 months the sale value of Flat 48 Vertex Tower 3 has decreased by an estimated £13,033 (2.9%) and its rental value has increased by an estimated £108 per month (4.9%), giving an expected gross yield of 5.7%.
Flat 48, Vertex Tower 3 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Dec 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to HM Land Registry, Flat 48, Vertex Tower 3 was last sold on 2nd March 2012 for £355,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2012, the market for similar properties has risen 40.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 48, Vertex Tower 3 within a radius of 280 metres over the last 2 years.
The most recent example is Flat 72, Adagio Point 3, Laban Walk, London, SE8 3FJ, a leasehold flat which sold for £475,000 on the 30th December 2024.
Read more about house prices in SE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Harmony Place, London, SE8 has a total of 87 addresses. According to our analysis of all the public data, Flat 48, Vertex Tower 3 is the 53rd largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £58k more expensive than the average property in SE8.
The nearest school is St Joseph's Catholic Primary School which is 400 metres away. The nearest train station is Deptford which is 500 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.
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