According to the public record, 126, Spa Road, London is a modern apartment with 1,259 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Spa Road, London, SE16 is located in the borough of Southwark within the SE16 postal district.
126, Spa Road, London has no records in the Land Registry database and a single entry in the EPC database dated August 2014.
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 126 Spa Road London as £736,312 and the rental value as £3,483 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 126 Spa Road London has decreased by £4,001 (0.5%) and its rental value has increased by £113 per month (3.2%).
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 126, Spa Road, London is in very good condition we estimate a sale value of £773,128 and rental value of £3,657 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £684,771 and a rental value of £3,239 per month.
If you were able to purchase this property for the estimated value of £736,312, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,619 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 126, Spa Road, London within a radius of 250 metres over the last 2 years.
The most recent example is 7, Old Town Hall Apartments 19, Spa Road, London, SE16 3SA, a Leasehold flat which sold for £830,000 in May 2023.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spa Road, London, SE16 has a total of 404 addresses. According to our analysis of all the public data, 126, Spa Road, London is the 14th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £263k more expensive than the average property in SE16.
126, Spa Road, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Aug 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 126, Spa Road, London is Bermondsey 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 126, Spa Road, London, 50.8% of property is privately rented and 27.1% 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 126, Spa Road, London, 13.4% of residents are recorded as possessing school level qualifications and 68.6% 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 126, Spa Road, London, the average age was 34.9 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 126, Spa Road, London, 1.4% 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 126, Spa Road, 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.