According to the public record, 12, King Frederick Ninth Tower, London is a modern apartment with 796 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
King Frederick Ninth Tower, London, SE16 is located in the borough of Southwark within the SE16 postal district.
12, King Frederick Ninth Tower, London has no recent1 records in the Land Registry database and a single entry in the EPC database dated July 2019.
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 12 King Frederick Ninth Tower London as £510,928 and the rental value as £2,474 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 12 King Frederick Ninth Tower London has increased by £2,490 (0.5%) and its rental value has increased by £98 per month (3.9%).
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 12, King Frederick Ninth Tower, London is in very good condition we estimate a sale value of £536,474 and rental value of £2,597 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £475,163 and a rental value of £2,301 per month.
If you were able to purchase this property for the estimated value of £510,928, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,511 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, 12, King Frederick Ninth Tower, London was last sold on 12 Feb 2003 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 12, King Frederick Ninth Tower, London within a radius of 440 metres over the last 2 years.
The most recent example is 24, Oscar Court 700, Rotherhithe Street, London, SE16 5AB, a Leasehold flat which sold for £470,000 in Mar 2024.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
King Frederick Ninth Tower, London, SE16 has a total of 30 addresses. According to our analysis of all the public data, 12, King Frederick Ninth Tower, London is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £37k more expensive than the average property in SE16.
12, King Frederick Ninth Tower, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Jul 2019.
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 12, King Frederick Ninth Tower, London is Surrey Quays 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 12, King Frederick Ninth Tower, London, 53.6% of property is privately rented and 23.9% 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 12, King Frederick Ninth Tower, London, 8.0% of residents are recorded as possessing school level qualifications and 79.7% 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 12, King Frederick Ninth Tower, London, the average age was 34.7 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 12, King Frederick Ninth Tower, London, 1.8% 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 12, King Frederick Ninth Tower, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.