According to the public record, 61, Winchester Close, London is a mid-century leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Winchester Close, London, SE17 is located in the borough of Southwark within the SE17 postal district.
61, Winchester Close, London has a single entry in the Land Registry database from November 2014 and a single entry in the EPC database dated June 2014.
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 61 Winchester Close London as £384,558 and the rental value as £2,297 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 61 Winchester Close London has increased by £1,804 (0.5%) and its rental value has increased by £103 per month (4.5%).
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 61, Winchester Close, London is in very good condition we estimate a sale value of £403,786 and rental value of £2,412 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £357,639 and a rental value of £2,137 per month.
If you were able to purchase this property for the estimated value of £384,558, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,890 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, 61, Winchester Close, London was last sold on 06 Nov 2014 for £365,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2014, the market for similar properties has risen 15.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 61, Winchester Close, London within a radius of 230 metres over the last 2 years.
The most recent example is 47, Winchester Close, London, SE17 3DQ, a Leasehold flat which sold for £414,500 in Feb 2021.
Read more about house prices in SE17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Winchester Close, London, SE17 has a total of 113 addresses. According to our analysis of all the public data, 61, Winchester Close, London is the 21st largest and the 70th most expensive property on the street.
When compared to the postcode district it is £44k less expensive than the average property in SE17.
61, Winchester Close, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Jun 2014.
The property is connected to mains gas and has single glazed windows. It is heated using a community scheme.
The closest station to 61, Winchester Close, London is Elephant & Castle 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 61, Winchester Close, London, 72.5% of property is socially rented and 11.4% 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 61, Winchester Close, London, 27.6% of residents are recorded as possessing school level qualifications and 40.3% 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 61, Winchester Close, 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 61, Winchester Close, 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 61, Winchester Close, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.