According to the public record, 2, Farrins Rents, London is a mid-century freehold house with 1,377 ft2 of internal area and sits on a 145 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Farrins Rents, London, SE16 is located in the borough of Southwark within the SE16 postal district.
2, Farrins Rents, London has a single entry in the Land Registry database from May 2006 and a single entry in the EPC database dated July 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 2 Farrins Rents London as £934,914 and the rental value as £4,546 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 2 Farrins Rents London has increased by £3,370 (0.4%) and its rental value has increased by £189 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 2, Farrins Rents, London is in very good condition we estimate a sale value of £981,659 and rental value of £4,773 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £869,470 and a rental value of £4,228 per month.
If you were able to purchase this property for the estimated value of £934,914, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,595 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 data from HM Land Registry, 2, Farrins Rents, London sits on a plot of 145m2.
We have plot size data on 5 out of 21 other houses in the postcode and 2, Farrins Rents, London sits on the 2nd largest plot.
According to HM Land Registry, 2, Farrins Rents, London was last sold on 30 May 2006 for £312,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Farrins Rents, London within a radius of 400 metres over the last 2 years.
The most recent example is 23, Staples Close, London, SE16 6NN, a Freehold house which sold for £893,000 in Apr 2024.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 400 metres radius of 2, Farrins Rents, London over the last 2 years.
Most recently 94, Acorn Walk, London, SE16 5DX, a Leasehold flat let by Saint Andrews Bureau in Sep 2021.
Farrins Rents, London, SE16 has a total of 31 addresses. According to our analysis of all the public data, 2, Farrins Rents, London is the largest and the most expensive property on the street.
When compared to the postcode district it is £461k more expensive than the average property in SE16.
2, Farrins Rents, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Jul 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 2, Farrins Rents, London is Limehouse station which is 900 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 2, Farrins Rents, London, 64.8% of property is socially rented and 16.7% 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 2, Farrins Rents, London, 16.9% of residents are recorded as possessing school level qualifications and 38.4% 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 2, Farrins Rents, London, the average age was 35.9 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 2, Farrins Rents, London, 1.0% 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 2, Farrins Rents, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.