According to the public record, 24, Custom House Reach, London is a modern apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Custom House Reach, London, SE16 is located in the borough of Southwark within the SE16 postal district.
24, Custom House Reach, London has no records in the Land Registry database and a single entry in the EPC database dated October 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for 24 Custom House Reach London as £385,333 and the rental value as £2,173 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 24 Custom House Reach London has increased by £2,295 (0.6%) and its rental value has increased by £84 per month (3.9%).
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 24, Custom House Reach, London is in very good condition we estimate a sale value of £404,599 and rental value of £2,281 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £358,360 and a rental value of £2,021 per month.
If you were able to purchase this property for the estimated value of £385,333, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,894 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Custom House Reach, London within a radius of 400 metres over the last 2 years.
The most recent example is Flat 37, New Caledonian Wharf 6, Odessa Street, London, SE16 7TN, a Leasehold flat which sold for £426,000 in Mar 2024.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Custom House Reach, London, SE16 has a total of 23 addresses. According to our analysis of all the public data, 24, Custom House Reach, London is the 19th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £88k less expensive than the average property in SE16.
24, Custom House Reach, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Oct 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 24, Custom House Reach, London is Heron Quays station which is 1.0 kilometres 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 24, Custom House Reach, London, 58.4% of property is socially rented and 21.1% 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 24, Custom House Reach, London, 13.3% of residents are recorded as possessing school level qualifications and 46.9% 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 24, Custom House Reach, London, the average age was 34.7 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 24, Custom House Reach, London, 1.7% 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 24, Custom House Reach, 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.