According to the public record, 16, Alberta Street, London is a mid-century leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Alberta Street, London, SE17 is located in the borough of Southwark within the SE17 postal district.
16, Alberta Street, London has a single entry in the Land Registry database from September 2021 and a single entry in the EPC database dated April 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 16 Alberta Street London as £387,087 and the rental value as £2,321 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 16 Alberta Street London has increased by £758 (0.2%) and its rental value has increased by £97 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 16, Alberta Street, London is in very good condition we estimate a sale value of £406,441 and rental value of £2,437 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £359,991 and a rental value of £2,159 per month.
If you were able to purchase this property for the estimated value of £387,087, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,902 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, 16, Alberta Street, London was last sold on 17 Sep 2021 for £385,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2021, the market for similar properties has dropped 0.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Alberta Street, London within a radius of 260 metres over the last 2 years.
The most recent example is Flat 18, Dumain Court, Opal Street, London, SE11 4SB, a Leasehold flat which sold for £415,000 in Dec 2023.
Read more about house prices in SE17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alberta Street, London, SE17 has a total of 209 addresses. According to our analysis of all the public data, 16, Alberta Street, London is the 83rd largest and the 127th most expensive property on the street.
When compared to the postcode district it is £42k less expensive than the average property in SE17.
16, Alberta Street, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Apr 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using warm air.
The closest station to 16, Alberta Street, London is Kennington 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 16, Alberta Street, London, 49.0% of property is socially rented and 18.0% 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 16, Alberta Street, London, 15.9% of residents are recorded as possessing school level qualifications and 49.7% 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 16, Alberta Street, London, the average age was 35.2 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 16, Alberta Street, London, 2.5% 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 16, Alberta Street, 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.