14, Weightman House 124A, London has 2 entries in the Land Registry database, most recently in January 2024 and a single entry in the EPC database dated July 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
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 14, Weightman House 124A, London is in very good condition we estimate a sale value of £556,277 and rental value of £2,435 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £492,702 and a rental value of £2,157 per month.
If you were able to purchase this property for the estimated value of £529,787, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,604 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, 14, Weightman House 124A, London was last sold on 25 Jan 2024 for £580,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2024, the market for similar properties has dropped 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14, Weightman House 124A, London within a radius of 260 metres over the last 2 years.
The most recent example is 22, Weightman House 124A, Spa Road, London, SE16 3FG, a Leasehold flat which sold for £565,000 in Nov 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, 14, Weightman House 124A, London is the 288th largest and the 148th most expensive property on the street.
When compared to the postcode district it is £56k more expensive than the average property in SE16.
14, Weightman House 124A, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Jul 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, warm air, electric.
According to the public record, 14, Weightman House 124A, London is a modern leasehold apartment with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Weightman House, Spa Road, London, SE16.
Spa Road, London, SE16 is located in the borough of Southwark within the SE16 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 14 Weightman House 124A London as £529,787 and the rental value as £2,319 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 14 Weightman House 124A London has decreased by £7,050 (1.3%) and its rental value has increased by £56 per month (2.4%).
The closest station to 14, Weightman House 124A, London is Bermondsey station which is 600 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 14, Weightman House 124A, London, 36.8% of property is socially rented and 33.9% 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 14, Weightman House 124A, London, 21.7% of residents are recorded as possessing school level qualifications and 56.5% 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 14, Weightman House 124A, London, the average age was 34.7 and the most common age was 32.
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 14, Weightman House 124A, London, 1.7% 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 14, Weightman House 124A, 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.