According to the public record, 1, Cathay Street, London is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,532 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Cathay Street, London, SE16 is located in the borough of Southwark within the SE16 postal district.
1, Cathay Street, London has a single entry in the Land Registry database from August 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Cathay Street London as £1,072,122 and the rental value as £5,066 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 1 Cathay Street London has decreased by £2,089 (0.2%) and its rental value has increased by £185 per month (3.6%).
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, Cathay Street, London is in very good condition we estimate a sale value of £1,125,728 and rental value of £5,319 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £997,073 and a rental value of £4,711 per month.
If you were able to purchase this property for the estimated value of £1,072,122, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,269 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 HM Land Registry, 1, Cathay Street, London was last sold on 29 Aug 2017 for £1,035,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2017, the market for similar properties has risen 6.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Cathay Street, London within a radius of 400 metres over the last 2 years.
The most recent example is 27, Elephant Lane, London, SE16 4JD, a Freehold house which sold for £1,147,500 in Sep 2023.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cathay Street, London, SE16 has a total of 26 addresses. According to our analysis of all the public data, 1, Cathay Street, London is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £599k more expensive than the average property in SE16.
The closest station to 1, Cathay Street, London is Rotherhithe station which is 400 metres 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, Cathay Street, London, 33.3% of property is socially rented and 28.7% 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 1, Cathay Street, London, 20.8% of residents are recorded as possessing school level qualifications and 54.8% 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, Cathay Street, London, the average age was 34.1 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, Cathay Street, London, 0.6% 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, Cathay Street, London, 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.