According to the public record, 3, Farrow Place, London is a mid-century leasehold house with 645 ft2 of internal area and sits on a 143 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Farrow Place, London, SE16 is located in the borough of Southwark within the SE16 postal district.
3, Farrow Place, London has 41 entries in the Land Registry database, most recently in August 2023 and a single entry in the EPC database dated March 2023.
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 3 Farrow Place London as £602,765 and the rental value as £2,982 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 3 Farrow Place London has increased by £12,618 (2.1%) and its rental value has increased by £173 per month (5.8%).
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 3, Farrow Place, London is in very good condition we estimate a sale value of £632,904 and rental value of £3,131 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £560,572 and a rental value of £2,773 per month.
If you were able to purchase this property for the estimated value of £602,765, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,962 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 data from HM Land Registry, 3, Farrow Place, London sits on a plot of 143m2.
We have plot size data on 10 out of 12 other houses in the postcode and 3, Farrow Place, London sits on the 5th largest plot.
According to HM Land Registry, 3, Farrow Place, London was last sold on 07 Aug 2023 for £625,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Aug 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 3, Farrow Place, London within a radius of 370 metres over the last 2 years.
The most recent example is 21, Ropemaker Road, London, SE16 6QG, a Freehold house which sold for £605,000 in May 2024.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Farrow Place, London, SE16 has a total of 24 addresses. According to our analysis of all the public data, 3, Farrow Place, London is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £129k more expensive than the average property in SE16.
3, Farrow Place, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Mar 2023.
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 3, Farrow Place, London is Surrey Quays 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 3, Farrow Place, London, 43.2% of property is privately rented and 31.8% 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 3, Farrow Place, London, 17.1% of residents are recorded as possessing school level qualifications and 66.2% 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 3, Farrow Place, 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 3, Farrow Place, London, 4.3% 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 3, Farrow Place, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.