According to the public record, 9, Solomons Passage, London is a mid-century leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Solomons Passage, London, SE15 is located in the borough of Southwark within the SE15 postal district.
9, Solomons Passage, London has a single entry in the Land Registry database from December 2018 and a single entry in the EPC database dated June 2024.
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 9 Solomons Passage London as £341,474 and the rental value as £1,752 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 9 Solomons Passage London has increased by £5,344 (1.6%) and its rental value has increased by £80 per month (4.6%).
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 9, Solomons Passage, London is in very good condition we estimate a sale value of £358,548 and rental value of £1,839 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £317,571 and a rental value of £1,629 per month.
If you were able to purchase this property for the estimated value of £341,474, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,678 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, 9, Solomons Passage, London was last sold on 06 Dec 2018 for £322,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2018, the market for similar properties has risen 5.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Solomons Passage, London within a radius of 410 metres over the last 2 years.
The most recent example is 11, Solomons Passage, London, SE15 3UH, a Leasehold flat which sold for £350,000 in Aug 2023.
Read more about house prices in SE15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Solomons Passage, London, SE15 has a total of 39 addresses. According to our analysis of all the public data, 9, Solomons Passage, London is the 37th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £181k less expensive than the average property in SE15.
9, Solomons Passage, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Jun 2024.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 9, Solomons Passage, London is Nunhead station which is 900 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 9, Solomons Passage, London, 62.8% of property is socially rented and 20.2% 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 9, Solomons Passage, London, 21.9% of residents are recorded as possessing school level qualifications and 45.1% 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 9, Solomons Passage, London, the average age was 37 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 9, Solomons Passage, 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 9, Solomons Passage, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.