According to the public record, 232, Empire Square West, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 872 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Empire Square West, London, SE1 is located in the borough of Southwark within the SE1 postal district.
232, Empire Square West, London has a single entry in the Land Registry database from February 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 232 Empire Square West London as £833,250 and the rental value as £3,030 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 232 Empire Square West London has decreased by £8,523 (1.0%) and its rental value has increased by £58 per month (1.9%).
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 232, Empire Square West, London is in very good condition we estimate a sale value of £874,912 and rental value of £3,182 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £774,922 and a rental value of £2,818 per month.
If you were able to purchase this property for the estimated value of £833,250, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,095 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, 232, Empire Square West, London was last sold on 23 Feb 2007 for £555,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2007, the market for similar properties has risen 53.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 232, Empire Square West, London within a radius of 240 metres over the last 2 years.
The most recent example is Flat 55, Brandon House 10, Hilary Mews, London, SE1 1AP, a Leasehold flat which sold for £885,000 in Mar 2024.
Read more about house prices in SE1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 240 metres radius of 232, Empire Square West, London over the last 2 years.
Most recently Flat 89, Ratcliffe Court, Great Dover Street, London, SE1 4LD, a Leasehold flat let by Saint Andrews Bureau in Dec 2023.
Empire Square West, London, SE1 has a total of 271 addresses. According to our analysis of all the public data, 232, Empire Square West, London is the 37th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £185k more expensive than the average property in SE1.
The closest station to 232, Empire Square West, London is Borough station which is 200 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 232, Empire Square West, London, 35.9% of property is socially rented and 28.2% is shared ownership.
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 232, Empire Square West, London, 22.5% of residents are recorded as possessing school level qualifications and 60.1% 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 232, Empire Square West, London, the average age was 34.4 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 232, Empire Square West, 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 232, Empire Square West, 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.