According to the public record, 144 Montreal House, London is a modern leasehold apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Montreal House, Surrey Quays Road, London, SE16.
Surrey Quays Road, London, SE16 is located in the borough of Southwark within the SE16 postal district.
144 Montreal House, London has 2 entries in the Land Registry database, most recently in October 2023 and a single entry in the EPC database dated May 2021.
We combine this information with that 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 144 Montreal House London as £472,145 and the rental value as £2,206 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 144 Montreal House London has decreased by £475 (0.1%) and its rental value has increased by £80 per month (3.6%).
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 144 Montreal House, London is in very good condition we estimate a sale value of £495,752 and rental value of £2,317 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £439,094 and a rental value of £2,052 per month.
If you were able to purchase this property for the estimated value of £472,145, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,320 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, 144 Montreal House, London was last sold on 23 Oct 2023 for £420,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2023, the market for similar properties has risen 0.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 144 Montreal House, London within a radius of 240 metres over the last 2 years.
The most recent example is Flat 46, Victoria House 38, Surrey Quays Road, London, SE16 7DX, a Leasehold flat which sold for £445,000 in Sep 2023.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Surrey Quays Road, London, SE16 has a total of 567 addresses. According to our analysis of all the public data, 144 Montreal House, London is the 343rd largest and the 351st most expensive property on the street.
When compared to the postcode district it is £1k less expensive than the average property in SE16.
144 Montreal House, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 May 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to 144 Montreal House, London is Canada Water station which is 100 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 144 Montreal House, London, 63.6% of property is privately rented and 20.3% is socially 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 144 Montreal House, London, 16.3% of residents are recorded as possessing school level qualifications and 77.1% 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 144 Montreal House, London, the average age was 34.1 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 144 Montreal House, London, 0.7% 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 144 Montreal House, London, there are an average of 0.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.