According to the public record, 48, Kelly Avenue, London is a modern leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Kelly Avenue, London, SE15 is located in the borough of Southwark within the SE15 postal district.
48, Kelly Avenue, London has 41 entries in the Land Registry database, most recently in March 2022 and a single entry in the EPC database dated October 2020.
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 48 Kelly Avenue London as £313,394 and the rental value as £1,509 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 48 Kelly Avenue London has increased by £8,287 (2.6%) and its rental value has increased by £81 per month (5.3%).
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 48, Kelly Avenue, London is in very good condition we estimate a sale value of £329,063 and rental value of £1,585 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £291,456 and a rental value of £1,404 per month.
If you were able to purchase this property for the estimated value of £313,394, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,540 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, 48, Kelly Avenue, London was last sold on 11 Mar 2022 for £305,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Mar 2022, the market for similar properties has risen 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Kelly Avenue, London within a radius of 320 metres over the last 2 years.
The most recent example is Flat 7, 43, Kelly Avenue, London, SE15 5LA, a Leasehold flat which sold for £280,000 in Apr 2023.
Read more about house prices in SE15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kelly Avenue, London, SE15 has a total of 158 addresses. According to our analysis of all the public data, 48, Kelly Avenue, London is the 157th largest and the 123rd most expensive property on the street.
When compared to the postcode district it is £209k less expensive than the average property in SE15.
48, Kelly Avenue, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Oct 2020.
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 48, Kelly Avenue, London is Peckham Rye 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 48, Kelly Avenue, London, 48.0% of property is socially rented and 23.6% 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 48, Kelly Avenue, London, 17.5% of residents are recorded as possessing school level qualifications and 53.7% 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 48, Kelly Avenue, London, the average age was 34.8 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 48, Kelly Avenue, London, 0.2% 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 48, Kelly Avenue, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.