According to the public record, 21, Old Town Hall Apartments 19, London is a modern leasehold apartment with 839 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Old Town Hall Apartments, Spa Road, London, SE16.
Spa Road, London, SE16 is located in the borough of Southwark within the SE16 postal district.
21, Old Town Hall Apartments 19, London has a single entry in the Land Registry database from May 2014 and a single entry in the EPC database dated March 2024.
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 Old Town Hall Apartments 19 London as £567,847 and the rental value as £2,667 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 21 Old Town Hall Apartments 19 London has increased by £5,719 (1.0%) and its rental value has increased by £129 per month (4.9%).
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, Old Town Hall Apartments 19, London is in very good condition we estimate a sale value of £596,240 and rental value of £2,801 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £528,098 and a rental value of £2,481 per month.
If you were able to purchase this property for the estimated value of £567,847, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,791 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, Old Town Hall Apartments 19, London was last sold on 09 May 2014 for £550,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2014, the market for similar properties has risen 3.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 21, Old Town Hall Apartments 19, London within a radius of 240 metres over the last 2 years.
The most recent example is 1, Old Town Hall Apartments 19, Spa Road, London, SE16 3SA, a Leasehold flat which sold for £625,000 in Sep 2023.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spa Road, London, SE16 has a total of 404 addresses. According to our analysis of all the public data, 21, Old Town Hall Apartments 19, London is the 100th largest and the 106th most expensive property on the street.
When compared to the postcode district it is £94k more expensive than the average property in SE16.
21, Old Town Hall Apartments 19, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Mar 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 21, Old Town Hall Apartments 19, 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, Old Town Hall Apartments 19, London, 73.6% of property is socially rented and 13.2% 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 21, Old Town Hall Apartments 19, London, 28.7% of residents are recorded as possessing school level qualifications and 41.8% 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, Old Town Hall Apartments 19, 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, Old Town Hall Apartments 19, 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 21, Old Town Hall Apartments 19, 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.