According to the public record, 21, Neckinger, London is a modern leasehold apartment with 925 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Neckinger, London, SE16 is located in the borough of Southwark within the SE16 postal district.
21, Neckinger, London has a single entry in the Land Registry database from January 2023 and a single entry in the EPC database dated April 2022.
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 21 Neckinger London as £641,532 and the rental value as £2,970 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 21 Neckinger London has increased by £8,144 (1.3%) and its rental value has increased by £148 per month (5.0%).
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 21, Neckinger, London is in very good condition we estimate a sale value of £673,608 and rental value of £3,119 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £596,624 and a rental value of £2,762 per month.
If you were able to purchase this property for the estimated value of £641,532, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,153 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, 21, Neckinger, London was last sold on 16 Jan 2023 for £635,055 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2023, the market for similar properties has risen 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 21, Neckinger, London within a radius of 250 metres over the last 2 years.
The most recent example is Flat 27, Costermonger Building 10, Arts Lane, London, SE16 3GA, a Leasehold flat which sold for £782,500 in Mar 2024.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Neckinger, London, SE16 has a total of 18 addresses. According to our analysis of all the public data, 21, Neckinger, London is the 6th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £168k more expensive than the average property in SE16.
21, Neckinger, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Apr 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to 21, Neckinger, London is Bermondsey station which is 700 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 21, Neckinger, London, 56.2% of property is socially rented and 20.8% 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 21, Neckinger, London, 25.1% of residents are recorded as possessing school level qualifications and 48.2% 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 21, Neckinger, London, the average age was 34.7 and the most common age was 32.
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 21, Neckinger, London, 0.3% 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 21, Neckinger, 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.