According to the public record, 59 Dover Flats, London is a period leasehold apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Dover Flats, Old Kent Road, London, SE1.
Old Kent Road, London, SE1 is located in the borough of Southwark within the SE1 postal district.
59 Dover Flats, London has 3 entries in the Land Registry database, most recently in August 2012 and a single entry in the EPC database dated February 2016.
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 59 Dover Flats London as £407,850 and the rental value as £2,095 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 59 Dover Flats London has increased by £3,191 (0.8%) and its rental value has increased by £91 per month (4.4%).
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 59 Dover Flats, London is in very good condition we estimate a sale value of £428,243 and rental value of £2,199 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £379,301 and a rental value of £1,948 per month.
If you were able to purchase this property for the estimated value of £407,850, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,004 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, 59 Dover Flats, London was last sold on 31 Aug 2012 for £244,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Aug 2012, the market for similar properties has risen 54.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 59 Dover Flats, London within a radius of 260 metres over the last 2 years.
The most recent example is 78 Dover Flats, Old Kent Road, London, SE1 5NL, a Leasehold flat which sold for £395,000 in Oct 2023.
Read more about house prices in SE1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Kent Road, London, SE1 has a total of 1146 addresses. According to our analysis of all the public data, 59 Dover Flats, London is the 309th largest and the 330th most expensive property on the street.
When compared to the postcode district it is £240k less expensive than the average property in SE1.
59 Dover Flats, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Feb 2016.
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 59 Dover Flats, London is Elephant & Castle station which is 1.3 kilometres 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 59 Dover Flats, London, 70.1% of property is socially rented and 19.7% 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 59 Dover Flats, London, 19.1% of residents are recorded as possessing school level qualifications and 37.2% 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 59 Dover Flats, London, the average age was 35 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 59 Dover Flats, 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 59 Dover Flats, London, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.