According to the public record, 4, Woodmill Street, London is a modern leasehold apartment with 1,474 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Woodmill Street, London, SE16 is located in the borough of Southwark within the SE16 postal district.
4, Woodmill Street, London has 2 entries in the Land Registry database, most recently in January 2023 and a single entry in the EPC database dated April 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 Woodmill Street London as £1,056,473 and the rental value as £4,349 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 4 Woodmill Street London has increased by £13,411 (1.3%) and its rental value has increased by £217 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 4, Woodmill Street, London is in very good condition we estimate a sale value of £1,109,297 and rental value of £4,567 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £982,520 and a rental value of £4,045 per month.
If you were able to purchase this property for the estimated value of £1,056,473, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,192 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, Woodmill Street, London was last sold on 04 Jan 2023 for £1,255,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2023, the market for similar properties has risen 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Woodmill Street, London within a radius of 260 metres over the last 2 years.
The most recent example is 45, Corio House 12, The Grange, London, SE1 3GU, a Leasehold flat which sold for £1,400,000 in Jan 2023.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Woodmill Street, London, SE16 has a total of 14 addresses. According to our analysis of all the public data, 4, Woodmill Street, London is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £583k more expensive than the average property in SE16.
4, Woodmill Street, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Apr 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to 4, Woodmill Street, London is Bermondsey station which is 800 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 4, Woodmill Street, London, 56.2% of property is socially rented and 20.8% 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 4, Woodmill Street, London, 25.1% of residents are recorded as possessing school level qualifications and 48.2% 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, Woodmill Street, London, the average age was 34.7 and the most common age was 32.
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, Woodmill Street, London, 0.3% 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 4, Woodmill Street, 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.