According to the public record, 405 Hestia House, London is a modern leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in Hestia House, City Walk, London, SE1.
City Walk, London, SE1 is located in the borough of Southwark within the SE1 postal district.
405 Hestia House, London has 2 entries in the Land Registry database, most recently in August 2019 and a single entry in the EPC database dated September 2017.
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 405 Hestia House London as £347,245 and the rental value as £1,831 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 405 Hestia House London has decreased by £1,949 (0.6%) and its rental value has increased by £44 per month (2.4%).
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 405 Hestia House, London is in very good condition we estimate a sale value of £364,607 and rental value of £1,923 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £322,938 and a rental value of £1,703 per month.
If you were able to purchase this property for the estimated value of £347,245, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,707 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, 405 Hestia House, London was last sold on 30 Aug 2019 for £393,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2019, the market for similar properties has dropped 4.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 405 Hestia House, London within a radius of 240 metres over the last 2 years.
The most recent example is Flat 4, 36-38, Decima Street, London, SE1 4QQ, a Leasehold flat which sold for £445,000 in Jun 2019.
Read more about house prices in SE1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
City Walk, London, SE1 has a total of 234 addresses. According to our analysis of all the public data, 405 Hestia House, London is the 219th largest and the 229th most expensive property on the street.
When compared to the postcode district it is £301k less expensive than the average property in SE1.
405 Hestia House, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Sep 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 405 Hestia House, London is London Bridge 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 405 Hestia House, London, 60.0% of property is privately rented and 17.5% 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 405 Hestia House, London, 6.9% of residents are recorded as possessing school level qualifications and 89.0% 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 405 Hestia House, London, the average age was 34.4 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 405 Hestia House, London, 1.0% 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 405 Hestia House, London, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.