According to the public record, 125, New Place Square, London is a modern apartment with 818 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
New Place Square, London, SE16 is located in the borough of Southwark within the SE16 postal district.
125, New Place Square, London has no records in the Land Registry database and a single entry in the EPC database dated June 2023.
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 125 New Place Square London as £431,361 and the rental value as £2,479 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 125 New Place Square London has increased by £1,427 (0.3%) and its rental value has increased by £104 per month (4.2%).
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 125, New Place Square, London is in very good condition we estimate a sale value of £452,929 and rental value of £2,603 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £401,166 and a rental value of £2,305 per month.
If you were able to purchase this property for the estimated value of £431,361, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,120 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 125, New Place Square, London within a radius of 310 metres over the last 2 years.
The most recent example is Flat 2, Bromfield Court, Jamaica Road, London, SE16 4SG, a Leasehold flat which sold for £440,000 in Oct 2022.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Place Square, London, SE16 has a total of 148 addresses. According to our analysis of all the public data, 125, New Place Square, London is the 46th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £42k less expensive than the average property in SE16.
125, New Place Square, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Jun 2023.
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 125, New Place Square, London is Bermondsey station which is 200 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 125, New Place Square, London, 64.5% of property is socially rented and 22.7% 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 125, New Place Square, London, 21.2% of residents are recorded as possessing school level qualifications and 42.8% 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 125, New Place Square, London, the average age was 37 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 125, New Place Square, 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 125, New Place Square, 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.