According to the public record, 56, Burns House, London is a early-century leasehold apartment with 409 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Burns House, Doddington Grove, London, SE17.
Doddington Grove, London, SE17 is located in the borough of Southwark within the SE17 postal district.
56, Burns House, London has a single entry in the Land Registry database from June 2016 and a single entry in the EPC database dated June 2022.
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 56 Burns House London as £287,223 and the rental value as £1,778 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 56 Burns House London has decreased by £1,199 (0.4%) and its rental value has increased by £58 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 56, Burns House, London is in very good condition we estimate a sale value of £301,584 and rental value of £1,867 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £267,117 and a rental value of £1,654 per month.
If you were able to purchase this property for the estimated value of £287,223, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,412 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, 56, Burns House, London was last sold on 07 Jun 2016 for £304,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2016, the market for similar properties has dropped 4.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Burns House, London within a radius of 290 metres over the last 2 years.
The most recent example is Flat 242, Irving House, Doddington Grove, London, SE17 3TS, a Leasehold flat which sold for £269,300 in Nov 2023.
Read more about house prices in SE17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Doddington Grove, London, SE17 has a total of 363 addresses. According to our analysis of all the public data, 56, Burns House, London is the 336th largest and the 327th most expensive property on the street.
When compared to the postcode district it is £142k less expensive than the average property in SE17.
56, Burns House, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Jun 2022.
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 56, Burns House, London is Kennington station which is 300 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 56, Burns House, London, 74.7% of property is socially rented and 13.7% 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 56, Burns House, London, 29.4% of residents are recorded as possessing school level qualifications and 37.0% 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 56, Burns House, London, the average age was 35.2 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 56, Burns House, 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 56, Burns House, 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.