According to the public record, 11, Borrett Close, London is a mid-century leasehold apartment with 957 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Borrett Close, London, SE17 is located in the borough of Southwark within the SE17 postal district.
11, Borrett Close, London has 2 entries in the Land Registry database, most recently in April 2023 and a single entry in the EPC database dated December 2022.
We combine this information with that 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 11 Borrett Close London as £494,272 and the rental value as £2,896 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 11 Borrett Close London has increased by £4,928 (1.0%) and its rental value has increased by £149 per month (5.1%).
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 11, Borrett Close, London is in very good condition we estimate a sale value of £518,986 and rental value of £3,041 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £459,673 and a rental value of £2,693 per month.
If you were able to purchase this property for the estimated value of £494,272, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,429 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, 11, Borrett Close, London was last sold on 03 Apr 2023 for £512,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2023, the market for similar properties has risen 1.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Borrett Close, London within a radius of 280 metres over the last 2 years.
The most recent example is 6, Borrett Close, London, SE17 3JF, a Leasehold flat which sold for £470,000 in Jan 2023.
Read more about house prices in SE17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Borrett Close, London, SE17 has a total of 36 addresses. According to our analysis of all the public data, 11, Borrett Close, London is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £65k more expensive than the average property in SE17.
11, Borrett Close, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Dec 2022.
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 11, Borrett Close, London is Kennington station which is 500 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 11, Borrett Close, London, 49.0% of property is socially rented and 18.0% 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 11, Borrett Close, London, 15.9% of residents are recorded as possessing school level qualifications and 49.7% 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 11, Borrett Close, London, the average age was 35 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 11, Borrett Close, London, 2.5% 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 11, Borrett Close, 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.