According to the public record, 73, Honor Oak Rise, London is a mid-century leasehold apartment with 480 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Honor Oak Rise, London, SE23 is located in the borough of Southwark within the SE23 postal district.
73, Honor Oak Rise, London has a single entry in the Land Registry database from March 2015 and a single entry in the EPC database dated January 2009.
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 73 Honor Oak Rise London as £325,515 and the rental value as £1,521 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 73 Honor Oak Rise London has increased by £7,378 (2.3%) and its rental value has increased by £85 per month (5.6%).
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 73, Honor Oak Rise, London is in very good condition we estimate a sale value of £341,791 and rental value of £1,597 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £302,729 and a rental value of £1,415 per month.
If you were able to purchase this property for the estimated value of £325,515, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,600 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, 73, Honor Oak Rise, London was last sold on 31 Mar 2015 for £235,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2015, the market for similar properties has risen 11.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 73, Honor Oak Rise, London within a radius of 550 metres over the last 2 years.
The most recent example is 22, Honor Oak Rise, London, SE23 3RA, a Leasehold flat which sold for £375,000 in Sep 2023.
Read more about house prices in SE23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Honor Oak Rise, London, SE23 has a total of 76 addresses. According to our analysis of all the public data, 73, Honor Oak Rise, London is the 75th largest and the 75th most expensive property on the street.
When compared to the postcode district it is £226k less expensive than the average property in SE23.
73, Honor Oak Rise, London has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 10 Jan 2009.
The property is connected to mains gas and has single glazed windows. It is heated using a community scheme.
The closest station to 73, Honor Oak Rise, London is Honor Oak Park station which is 600 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 73, Honor Oak Rise, London, 33.0% of property is privately owned with a mortgage and 31.1% is socially 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 73, Honor Oak Rise, London, 22.3% of residents are recorded as possessing school level qualifications and 58.9% 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 73, Honor Oak Rise, London, the average age was 35.4 and the most common age was 32.
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 73, Honor Oak Rise, 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 73, Honor Oak Rise, London, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.