According to the public record, 12, Onega Gate, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 1,167 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Onega Gate, London, SE16 is located in the borough of Southwark within the SE16 postal district.
12, Onega Gate, London has 21 entries in the Land Registry database, most recently in December 2007 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 12 Onega Gate London as £599,069 and the rental value as £3,241 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 12 Onega Gate London has increased by £13,260 (2.2%) and its rental value has increased by £194 per month (6.0%).
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, Onega Gate, London is in very good condition we estimate a sale value of £629,023 and rental value of £3,403 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £557,134 and a rental value of £3,014 per month.
If you were able to purchase this property for the estimated value of £599,069, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,944 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, Onega Gate, London was last sold on 21 Dec 2007 for £500,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2007, the market for similar properties has risen 51.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Onega Gate, London within a radius of 350 metres over the last 2 years.
The most recent example is 60, Plover Way, London, SE16 7TT, a Leasehold flat which sold for £620,000 in Apr 2024.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 350 metres radius of 12, Onega Gate, London over the last 2 years.
Most recently 44, Greenland Quay, London, SE16 7RW, a Freehold house let by Saint Andrews Bureau in May 2023.
Onega Gate, London, SE16 has a total of 22 addresses. According to our analysis of all the public data, 12, Onega Gate, London is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £126k more expensive than the average property in SE16.
The closest station to 12, Onega Gate, London is Surrey Quays station which is 700 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 12, Onega Gate, London, 48.7% of property is privately rented and 35.4% 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, Onega Gate, London, 14.3% of residents are recorded as possessing school level qualifications and 84.7% 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, Onega Gate, 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, Onega Gate, London, 0.0% 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 12, Onega Gate, 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.