According to the public record, 7, Silk Mews, London is a period apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Silk Mews, London, SE11 is located in the borough of Lambeth within the SE11 postal district.
7, Silk Mews, London has no records in the Land Registry database and a single entry in the EPC database dated January 2020.
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 7 Silk Mews London as £498,263 and the rental value as £2,408 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 7 Silk Mews London has increased by £8,198 (1.6%) and its rental value has increased by £119 per month (5.0%).
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 7, Silk Mews, London is in very good condition we estimate a sale value of £523,176 and rental value of £2,529 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £463,385 and a rental value of £2,240 per month.
If you were able to purchase this property for the estimated value of £498,263, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,449 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 7, Silk Mews, London within a radius of 290 metres over the last 2 years.
The most recent example is Flat 5, 317, Kennington Road, London, SE11 4QE, a Leasehold flat which sold for £610,000 in Sep 2023.
Read more about house prices in SE11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Silk Mews, London, SE11 has a total of 10 addresses. According to our analysis of all the public data, 7, Silk Mews, London is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £55k less expensive than the average property in SE11.
7, Silk Mews, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Jan 2020.
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 7, Silk Mews, London is Kennington station which is 400 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 7, Silk Mews, London, 48.5% of property is privately rented and 22.0% 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 7, Silk Mews, London, 8.1% of residents are recorded as possessing school level qualifications and 84.5% 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 7, Silk Mews, London, the average age was 36.8 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 7, Silk Mews, London, 3.1% 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 7, Silk Mews, 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.