According to the public record, 87, Rope Street, London is a modern apartment with 1,022 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Rope Street, London, SE16 is located in the borough of Southwark within the SE16 postal district.
87, Rope Street, London has no records in the Land Registry database and a single entry in the EPC database dated June 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 87 Rope Street London as £637,326 and the rental value as £3,135 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 87 Rope Street London has increased by £18,910 (3.0%) and its rental value has increased by £204 per month (6.5%).
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 87, Rope Street, London is in very good condition we estimate a sale value of £669,193 and rental value of £3,291 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £592,713 and a rental value of £2,915 per month.
If you were able to purchase this property for the estimated value of £637,326, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,132 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 87, Rope Street, London within a radius of 300 metres over the last 2 years.
The most recent example is Flat 106, Baltic Quay 1, Sweden Gate, London, SE16 7TG, a Leasehold flat which sold for £500,000 in Feb 2024.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rope Street, London, SE16 has a total of 330 addresses. According to our analysis of all the public data, 87, Rope Street, London is the 129th largest and the 130th most expensive property on the street.
When compared to the postcode district it is £164k more expensive than the average property in SE16.
87, Rope Street, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jun 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 87, Rope Street, London is Surrey Quays station which is 800 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 87, Rope Street, London, 39.8% of property is privately rented and 37.4% is privately owned outright.
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 87, Rope Street, London, 10.6% of residents are recorded as possessing school level qualifications and 77.3% 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 87, Rope Street, London, the average age was 34.7 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 87, Rope Street, London, 1.0% 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 87, Rope Street, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.