According to the public record, 49 Montreal House, London is a modern leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Montreal House, Surrey Quays Road, London, SE16.
Surrey Quays Road, London, SE16 is located in the borough of Southwark within the SE16 postal district.
49 Montreal House, London has 2 entries in the Land Registry database, most recently in September 2021 and a single entry in the EPC database dated May 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 49 Montreal House London as £440,943 and the rental value as £2,077 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 49 Montreal House London has decreased by £444 (0.1%) and its rental value has increased by £76 per month (3.6%).
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 49 Montreal House, London is in very good condition we estimate a sale value of £462,990 and rental value of £2,181 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £410,077 and a rental value of £1,932 per month.
If you were able to purchase this property for the estimated value of £440,943, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,167 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, 49 Montreal House, London was last sold on 07 Sep 2021 for £420,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2021, the market for similar properties has risen 2.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49 Montreal House, London within a radius of 240 metres over the last 2 years.
The most recent example is Flat 90, Vancouver House, Needleman Street, London, SE16 7BW, a Leasehold flat which sold for £460,000 in May 2023.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Surrey Quays Road, London, SE16 has a total of 567 addresses. According to our analysis of all the public data, 49 Montreal House, London is the 494th largest and the 410th most expensive property on the street.
When compared to the postcode district it is £33k less expensive than the average property in SE16.
49 Montreal House, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 May 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to 49 Montreal House, London is Canada Water station which is 100 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 49 Montreal House, London, 63.6% of property is privately rented and 20.3% 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 49 Montreal House, London, 16.3% of residents are recorded as possessing school level qualifications and 77.1% 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 49 Montreal House, London, the average age was 34.1 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 49 Montreal House, London, 0.7% 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 49 Montreal House, London, there are an average of 0.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.