According to the public record, 115, Falmouth Road, London is a mid-century leasehold apartment with 1,313 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Falmouth Road, London, SE1 is located in the borough of Southwark within the SE1 postal district.
115, Falmouth Road, London has a single entry in the Land Registry database from July 2006 and a single entry in the EPC database dated March 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 115 Falmouth Road London as £654,346 and the rental value as £3,063 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 115 Falmouth Road London has increased by £1,464 (0.2%) and its rental value has increased by £116 per month (3.8%).
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 115, Falmouth Road, London is in very good condition we estimate a sale value of £687,063 and rental value of £3,216 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £608,541 and a rental value of £2,848 per month.
If you were able to purchase this property for the estimated value of £654,346, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,216 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, 115, Falmouth Road, London was last sold on 27 Jul 2006 for £250,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 115, Falmouth Road, London within a radius of 280 metres over the last 2 years.
The most recent example is Flat 4, 76, County Street, London, SE1 4AD, a Leasehold flat which sold for £830,000 in Oct 2018.
Read more about house prices in SE1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Falmouth Road, London, SE1 has a total of 369 addresses. According to our analysis of all the public data, 115, Falmouth Road, London is the 22nd largest and the 56th most expensive property on the street.
When compared to the postcode district it is £6k more expensive than the average property in SE1.
115, Falmouth Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Mar 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 115, Falmouth Road, London is Borough 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 115, Falmouth Road, London, 63.9% of property is socially rented and 21.3% 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 115, Falmouth Road, London, 30.8% of residents are recorded as possessing school level qualifications and 40.9% 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 115, Falmouth Road, London, the average age was 31.6 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 115, Falmouth Road, London, 1.0% 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 115, Falmouth Road, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.