According to the public record, 5, Bankside Way, London is a mid-century leasehold apartment with 893 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Bankside Way, London, SE19 is located in the borough of Lambeth within the SE19 postal district.
5, Bankside Way, London has 41 entries in the Land Registry database, most recently in March 2011 and a single entry in the EPC database dated July 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 5 Bankside Way London as £310,959 and the rental value as £1,555 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 5 Bankside Way London has increased by £4,585 (1.5%) and its rental value has increased by £51 per month (3.3%).
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 5, Bankside Way, London is in very good condition we estimate a sale value of £326,507 and rental value of £1,633 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £289,192 and a rental value of £1,446 per month.
If you were able to purchase this property for the estimated value of £310,959, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,528 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, 5, Bankside Way, London was last sold on 08 Mar 2011 for £175,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Mar 2011, the market for similar properties has risen 83.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Bankside Way, London within a radius of 330 metres over the last 2 years.
The most recent example is 10, Plane Tree Walk, London, SE19 1EU, a Leasehold flat which sold for £287,000 in Jan 2016.
Read more about house prices in SE19.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let of a property similar to 5, Bankside Way, London within a radius of 330 metres over the last 2 years.
Most recently 7, Bankside Way, London, SE19 1HT, a Leasehold flat let by Orlando Reid in Mar 2023.
Bankside Way, London, SE19 has a total of 20 addresses. According to our analysis of all the public data, 5, Bankside Way, London is the 11th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £163k less expensive than the average property in SE19.
5, Bankside Way, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Jul 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 5, Bankside Way, London is Gipsy Hill station which is 500 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 5, Bankside Way, London, 68.3% of property is socially rented and 20.7% is privately 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 5, Bankside Way, London, 23.0% of residents are recorded as possessing school level qualifications and 32.4% 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 5, Bankside Way, London, the average age was 36.6 and the most common age was 32.
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 5, Bankside Way, 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 5, Bankside Way, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.