According to the public record, 53, Salter Road, London is a modern apartment with 1,367 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Salter Road, London, SE16 is located in the borough of Southwark within the SE16 postal district.
53, Salter Road, London has no records in the Land Registry database and a single entry in the EPC database dated July 2016.
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 53 Salter Road London as £529,510 and the rental value as £2,917 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 53 Salter Road London has increased by £4,568 (0.9%) and its rental value has increased by £138 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, Salter Road, London is in very good condition we estimate a sale value of £555,985 and rental value of £3,063 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £492,444 and a rental value of £2,713 per month.
If you were able to purchase this property for the estimated value of £529,510, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,602 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, Salter Road, London within a radius of 410 metres over the last 2 years.
The most recent example is 63, Salter Road, London, SE16 5LH, a Leasehold flat which sold for £592,100 in Aug 2016.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Salter Road, London, SE16 has a total of 37 addresses. According to our analysis of all the public data, 53, Salter Road, London is the 5th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £56k more expensive than the average property in SE16.
53, Salter Road, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Jul 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 53, Salter Road, London is Rotherhithe 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 53, Salter Road, London, 40.4% of property is privately rented and 20.2% 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 53, Salter Road, London, 18.5% of residents are recorded as possessing school level qualifications and 63.9% 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, Salter Road, London, the average age was 35.9 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, Salter Road, London, 1.5% 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, Salter Road, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.