According to the public record, 8, Wilmot Close, London is a mid-century leasehold apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Wilmot Close, London, SE15 is located in the borough of Southwark within the SE15 postal district.
8, Wilmot Close, London has a single entry in the Land Registry database from July 2020 and a single entry in the EPC database dated August 2019.
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 8 Wilmot Close London as £386,398 and the rental value as £2,108 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 8 Wilmot Close London has increased by £5,702 (1.5%) and its rental value has increased by £96 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 8, Wilmot Close, London is in very good condition we estimate a sale value of £405,718 and rental value of £2,213 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £359,350 and a rental value of £1,960 per month.
If you were able to purchase this property for the estimated value of £386,398, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,899 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, 8, Wilmot Close, London was last sold on 31 Jul 2020 for £385,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2020, the market for similar properties has dropped 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Wilmot Close, London within a radius of 310 metres over the last 2 years.
The most recent example is 11, Hastings Close, London, SE15 6TY, a Leasehold flat which sold for £308,000 in Dec 2023.
Read more about house prices in SE15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wilmot Close, London, SE15 has a total of 72 addresses. According to our analysis of all the public data, 8, Wilmot Close, London is the 28th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £136k less expensive than the average property in SE15.
8, Wilmot Close, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Aug 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to 8, Wilmot Close, London is Peckham Rye station which is 700 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 8, Wilmot Close, London, 65.4% of property is socially rented and 14.4% 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 8, Wilmot Close, London, 31.5% of residents are recorded as possessing school level qualifications and 41.6% 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 8, Wilmot Close, 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 8, Wilmot 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 8, Wilmot Close, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.