According to the public record, 16, Rutley Close, London is a mid-century leasehold apartment with 839 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Rutley Close, London, SE17 is located in the borough of Southwark within the SE17 postal district.
16, Rutley Close, London has 41 entries in the Land Registry database, most recently in April 2021 and a single entry in the EPC database dated January 2014.
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 Rutley Close London as £461,399 and the rental value as £2,726 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 16 Rutley Close London has increased by £3,643 (0.8%) and its rental value has increased by £119 per month (4.4%).
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, Rutley Close, London is in very good condition we estimate a sale value of £484,469 and rental value of £2,862 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £429,101 and a rental value of £2,535 per month.
If you were able to purchase this property for the estimated value of £461,399, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,268 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, Rutley Close, London was last sold on 23 Apr 2021 for £456,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Apr 2021, the market for similar properties has risen 0.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Rutley Close, London within a radius of 340 metres over the last 2 years.
The most recent example is Flat 84, Conant House, St. Agnes Place, London, SE11 4AZ, a Leasehold flat which sold for £420,000 in Oct 2022.
Read more about house prices in SE17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rutley Close, London, SE17 has a total of 44 addresses. According to our analysis of all the public data, 16, Rutley Close, London is the 38th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £33k more expensive than the average property in SE17.
16, Rutley Close, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Jan 2014.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to 16, Rutley Close, London is Oval 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 16, Rutley Close, London, 67.6% of property is socially rented and 16.2% 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, Rutley Close, London, 24.6% of residents are recorded as possessing school level qualifications and 43.7% 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, Rutley Close, 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, Rutley 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 16, Rutley 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.