According to the public record, 22, Honor Oak Rise, London is a mid-century leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 22, Honor Oak Rise, London, SE23.
Honor Oak Rise, London, SE23 is located in the borough of Southwark within the SE23 postal district.
22, Honor Oak Rise, London has 31 entries in the Land Registry database, most recently in September 2023 and a single entry in the EPC database dated November 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 22 Honor Oak Rise London as £337,117 and the rental value as £1,568 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 22 Honor Oak Rise London has increased by £7,641 (2.3%) and its rental value has increased by £88 per month (5.6%).
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 22, Honor Oak Rise, London is in very good condition we estimate a sale value of £353,973 and rental value of £1,647 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £313,519 and a rental value of £1,458 per month.
If you were able to purchase this property for the estimated value of £337,117, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,657 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, 22, Honor Oak Rise, London was last sold on 25 Sep 2023 for £375,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Sep 2023, the market for similar properties has risen 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Honor Oak Rise, London within a radius of 520 metres over the last 2 years.
The most recent example is 79, Honor Oak Rise, London, SE23 3RA, a Leasehold flat which sold for £310,000 in Sep 2023.
Read more about house prices in SE23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Honor Oak Rise, London, SE23 has a total of 76 addresses. According to our analysis of all the public data, 22, Honor Oak Rise, London is the 71st largest and the 73rd most expensive property on the street.
When compared to the postcode district it is £214k less expensive than the average property in SE23.
22, Honor Oak Rise, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Nov 2014.
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 22, Honor Oak Rise, London is Honor Oak Park station which is 600 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 22, Honor Oak Rise, London, 33.0% of property is privately owned with a mortgage and 31.1% is socially 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 22, Honor Oak Rise, London, 22.3% of residents are recorded as possessing school level qualifications and 58.9% 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 22, Honor Oak Rise, London, the average age was 35.4 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 22, Honor Oak Rise, 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 22, Honor Oak Rise, London, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.