According to the public record, 15, Burnham Close, London is a modern leasehold apartment with 344 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Burnham Close, London, SE1 is located in the borough of Southwark within the SE1 postal district.
15, Burnham Close, London has 21 entries in the Land Registry database, most recently in September 2009 and a single entry in the EPC database dated March 2020.
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 15 Burnham Close London as £264,628 and the rental value as £1,396 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 15 Burnham Close London has increased by £4,824 (1.8%) and its rental value has increased by £71 per month (5.1%).
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 15, Burnham Close, London is in very good condition we estimate a sale value of £277,859 and rental value of £1,466 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £246,104 and a rental value of £1,298 per month.
If you were able to purchase this property for the estimated value of £264,628, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,301 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, 15, Burnham Close, London was last sold on 11 Sep 2009 for £134,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2009, the market for similar properties has risen 91.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Burnham Close, London within a radius of 300 metres over the last 2 years.
The most recent example is 62, Chaucer Drive, London, SE1 5RG, a Leasehold flat which sold for £195,000 in Oct 2019.
Read more about house prices in SE1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Burnham Close, London, SE1 has a total of 19 addresses. According to our analysis of all the public data, 15, Burnham Close, London is the 17th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £383k less expensive than the average property in SE1.
15, Burnham Close, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Mar 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric boiler and radiators.
The closest station to 15, Burnham Close, London is Bermondsey station which is 1.1 kilometres 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 15, Burnham Close, London, 54.2% of property is privately rented and 20.0% 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 15, Burnham Close, London, 17.7% of residents are recorded as possessing school level qualifications and 60.3% 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 15, Burnham Close, London, the average age was 35 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 15, Burnham Close, 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 15, Burnham Close, 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.