According to the public record, 1, Bishops Mead, London is a mid-century apartment with 904 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Bishops Mead, London, SE5 is located in the borough of Southwark within the SE5 postal district.
1, Bishops Mead, London has no records in the Land Registry database and a single entry in the EPC database dated August 2017.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Bishops Mead London as £356,259 and the rental value as £2,027 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 1 Bishops Mead London has increased by £7,437 (2.1%) and its rental value has increased by £83 per month (4.1%).
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 1, Bishops Mead, London is in very good condition we estimate a sale value of £374,072 and rental value of £2,129 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £331,321 and a rental value of £1,885 per month.
If you were able to purchase this property for the estimated value of £356,259, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,751 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Bishops Mead, London within a radius of 240 metres over the last 2 years.
The most recent example is Flat 4, Kipling House, Elmington Estate, London, SE5 7JB, a Leasehold flat which sold for £342,500 in Jun 2022.
Read more about house prices in SE5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bishops Mead, London, SE5 has a total of 38 addresses. According to our analysis of all the public data, 1, Bishops Mead, London is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £160k less expensive than the average property in SE5.
1, Bishops Mead, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Aug 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to 1, Bishops Mead, London is Denmark Hill station which is 1.1 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Bishops Mead, London, 52.0% of property is socially rented and 25.5% is privately owned with a mortgage.
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 1, Bishops Mead, London, 16.5% of residents are recorded as possessing school level qualifications and 55.2% 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 1, Bishops Mead, London, the average age was 36.1 and the most common age was 27.
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 1, Bishops Mead, London, 3.2% 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 1, Bishops Mead, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.