According to the public record, 35, Teak Close, London is a modern freehold house with 992 ft2 of internal area and sits on a 137 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Teak Close, London, SE16 is located in the borough of Southwark within the SE16 postal district.
35, Teak Close, London has 2 entries in the Land Registry database, most recently in February 2019 and a single entry in the EPC database dated November 2010.
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 35 Teak Close London as £665,485 and the rental value as £3,542 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 35 Teak Close London has increased by £8,042 (1.2%) and its rental value has increased by £178 per month (5.0%).
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 35, Teak Close, London is in very good condition we estimate a sale value of £698,759 and rental value of £3,719 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £618,901 and a rental value of £3,294 per month.
If you were able to purchase this property for the estimated value of £665,485, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,271 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, 35, Teak Close, London sits on a plot of 137m2.
We have plot size data on 8 out of 25 other houses in the postcode and 35, Teak Close, London sits on the 3rd largest plot.
According to HM Land Registry, 35, Teak Close, London was last sold on 22 Feb 2019 for £670,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2019, the market for similar properties has risen 8.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 35, Teak Close, London within a radius of 410 metres over the last 2 years.
The most recent example is 4, Keel Close, London, SE16 6BX, a Freehold house which sold for £710,000 in Dec 2021.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 410 metres radius of 35, Teak Close, London over the last 2 years.
Most recently 94, Acorn Walk, London, SE16 5DX, a Leasehold flat let by Saint Andrews Bureau in Sep 2021.
Teak Close, London, SE16 has a total of 35 addresses. According to our analysis of all the public data, 35, Teak Close, London is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £192k more expensive than the average property in SE16.
35, Teak Close, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Nov 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to 35, Teak Close, London is Rotherhithe 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 35, Teak Close, London, 55.3% of property is socially rented and 17.8% 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 35, Teak Close, London, 13.7% of residents are recorded as possessing school level qualifications and 41.5% 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 35, Teak Close, London, the average age was 35.9 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 35, Teak Close, London, 1.1% 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 35, Teak Close, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.