According to the public record, 53, Finland Street, London is a modern leasehold apartment with 473 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Finland Street, London, SE16 is located in the borough of Southwark within the SE16 postal district.
53, Finland Street, London has a single entry in the Land Registry database from September 2021 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 53 Finland Street London as £367,487 and the rental value as £1,846 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 53 Finland Street London has increased by £3,658 (1.0%) and its rental value has increased by £87 per month (4.7%).
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 53, Finland Street, London is in very good condition we estimate a sale value of £385,861 and rental value of £1,938 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £341,763 and a rental value of £1,716 per month.
If you were able to purchase this property for the estimated value of £367,487, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,806 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, 53, Finland Street, London was last sold on 15 Sep 2021 for £345,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2021, the market for similar properties has risen 3.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, Finland Street, London within a radius of 330 metres over the last 2 years.
The most recent example is 7, Finland Street, London, SE16 7TP, a Leasehold flat which sold for £370,000 in Dec 2023.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Finland Street, London, SE16 has a total of 63 addresses. According to our analysis of all the public data, 53, Finland Street, London is the 56th largest and the 57th most expensive property on the street.
When compared to the postcode district it is £106k less expensive than the average property in SE16.
53, Finland Street, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Jul 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 53, Finland Street, London is Surrey Quays 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 53, Finland Street, London, 55.5% of property is privately rented and 21.8% is privately owned outright.
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 53, Finland Street, London, 13.6% of residents are recorded as possessing school level qualifications and 79.0% 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 53, Finland Street, London, the average age was 34.7 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 53, Finland Street, London, 4.5% 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 53, Finland Street, 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.