According to the public record, 47, Searles Road, London is a modern house with 871 ft2 of internal area and sits on a 114 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Searles Road, London, SE1 is located in the borough of Southwark within the SE1 postal district.
47, Searles Road, London has no recent1 records in the Land Registry database and a single entry in the EPC database dated September 2021.
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 47 Searles Road London as £592,545 and the rental value as £2,876 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 47 Searles Road London has decreased by £2,778 (0.5%) and its rental value has increased by £83 per month (2.9%).
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 47, Searles Road, London is in very good condition we estimate a sale value of £622,172 and rental value of £3,019 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £551,067 and a rental value of £2,674 per month.
If you were able to purchase this property for the estimated value of £592,545, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,912 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 data from HM Land Registry, 47, Searles Road, London sits on a plot of 114m2.
We have plot size data on 10 out of 17 other houses in the postcode and 47, Searles Road, London sits on the 6th largest plot.
According to HM Land Registry, 47, Searles Road, London was last sold on 01 Sep 2003 for £275,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 47, Searles Road, London within a radius of 300 metres over the last 2 years.
The most recent example is 3, Hemp Walk, London, SE17 1PF, a Freehold house which sold for £670,000 in Jul 2023.
Read more about house prices in SE1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Searles Road, London, SE1 has a total of 113 addresses. According to our analysis of all the public data, 47, Searles Road, London is the 69th largest and the 75th most expensive property on the street.
When compared to the postcode district it is £55k less expensive than the average property in SE1.
47, Searles Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Sep 2021.
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 47, Searles Road, London is Elephant & Castle 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 47, Searles Road, London, 41.2% of property is privately rented and 25.8% 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 47, Searles Road, London, 20.6% of residents are recorded as possessing school level qualifications and 72.1% 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 47, Searles Road, 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 47, Searles Road, London, 0.4% 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 47, Searles Road, 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.