According to the public record, 36, Millpond Estate, London is a mid-century apartment with 807 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Millpond Estate, London, SE16 is located in the borough of Southwark within the SE16 postal district.
36, Millpond Estate, London has no recent1 records in the Land Registry database and a single entry in the EPC database dated June 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 reasonable condition, we estimate the current sale value for 36 Millpond Estate London as £471,747 and the rental value as £2,656 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 36 Millpond Estate London has increased by £2,690 (0.6%) and its rental value has increased by £118 per month (4.4%).
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 36, Millpond Estate, London is in very good condition we estimate a sale value of £495,334 and rental value of £2,788 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £438,724 and a rental value of £2,470 per month.
If you were able to purchase this property for the estimated value of £471,747, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,318 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, 36, Millpond Estate, London was last sold on 02 Aug 2000 for £140,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 36, Millpond Estate, London within a radius of 380 metres over the last 2 years.
The most recent example is Flat 6, Cathay House, Cathay Street, London, SE16 4TS, a Leasehold flat which sold for £499,950 in Oct 2022.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millpond Estate, London, SE16 has a total of 76 addresses. According to our analysis of all the public data, 36, Millpond Estate, London is the 29th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £2k less expensive than the average property in SE16.
36, Millpond Estate, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Jun 2019.
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 36, Millpond Estate, London is Bermondsey station which is 300 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 36, Millpond Estate, London, 33.3% of property is socially rented and 28.7% 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 36, Millpond Estate, London, 20.8% of residents are recorded as possessing school level qualifications and 54.8% 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 36, Millpond Estate, London, the average age was 34.1 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 36, Millpond Estate, London, 0.6% 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 36, Millpond Estate, 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.