According to the public record, 45, Meakin Estate, London is a mid-century leasehold apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Meakin Estate, London, SE1 is located in the borough of Southwark within the SE1 postal district.
45, Meakin Estate, London has a single entry in the Land Registry database from October 2010 and a single entry in the EPC database dated January 2021.
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 45 Meakin Estate London as £321,539 and the rental value as £1,706 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 45 Meakin Estate London has decreased by £2,081 (0.6%) and its rental value has increased by £39 per month (2.3%).
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 45, Meakin Estate, London is in very good condition we estimate a sale value of £337,616 and rental value of £1,792 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £299,032 and a rental value of £1,587 per month.
If you were able to purchase this property for the estimated value of £321,539, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,580 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, 45, Meakin Estate, London was last sold on 08 Oct 2010 for £182,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2010, the market for similar properties has risen 46.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 45, Meakin Estate, London within a radius of 240 metres over the last 2 years.
The most recent example is Flat 32, Shalford House, Law Street, London, SE1 4XF, a Leasehold flat which sold for £375,000 in Nov 2023.
Read more about house prices in SE1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Meakin Estate, London, SE1 has a total of 123 addresses. According to our analysis of all the public data, 45, Meakin Estate, London is the 92nd largest and the 105th most expensive property on the street.
When compared to the postcode district it is £326k less expensive than the average property in SE1.
45, Meakin Estate, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Jan 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to 45, Meakin Estate, London is Borough station which is 900 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 45, Meakin Estate, London, 63.0% of property is privately rented and 26.6% 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 45, Meakin Estate, London, 22.1% of residents are recorded as possessing school level qualifications and 56.7% 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 45, Meakin Estate, 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 45, Meakin Estate, London, 0.0% 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 45, Meakin Estate, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.