According to the public record, 4, Carpenters Arms Apartments 28, London is a modern leasehold apartment with 387 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Carpenters Arms Apartments, Welsford Street, London, SE1.
Welsford Street, London, SE1 is located in the borough of Southwark within the SE1 postal district.
4, Carpenters Arms Apartments 28, London has a single entry in the Land Registry database from June 2012 and a single entry in the EPC database dated March 2022.
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 4 Carpenters Arms Apartments 28 London as £315,225 and the rental value as £1,663 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 4 Carpenters Arms Apartments 28 London has increased by £5,746 (1.8%) and its rental value has increased by £84 per month (5.1%).
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 4, Carpenters Arms Apartments 28, London is in very good condition we estimate a sale value of £330,986 and rental value of £1,746 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £293,159 and a rental value of £1,546 per month.
If you were able to purchase this property for the estimated value of £315,225, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,549 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, 4, Carpenters Arms Apartments 28, London was last sold on 21 Jun 2012 for £168,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2012, the market for similar properties has risen 70.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Carpenters Arms Apartments 28, London within a radius of 290 metres over the last 2 years.
The most recent example is 86, Oxley Close, London, SE1 5HP, a Leasehold flat which sold for £280,000 in Jul 2023.
Read more about house prices in SE1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Welsford Street, London, SE1 has a total of 38 addresses. According to our analysis of all the public data, 4, Carpenters Arms Apartments 28, London is the 38th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £333k less expensive than the average property in SE1.
4, Carpenters Arms Apartments 28, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Mar 2022.
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 4, Carpenters Arms Apartments 28, London is Bermondsey 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 4, Carpenters Arms Apartments 28, London, 42.0% of property is privately rented and 29.9% is socially 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 4, Carpenters Arms Apartments 28, London, 21.2% of residents are recorded as possessing school level qualifications and 42.2% 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 4, Carpenters Arms Apartments 28, London, the average age was 35 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 4, Carpenters Arms Apartments 28, 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 4, Carpenters Arms Apartments 28, 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.