According to the public record, 151A, Fort Road, London is a period leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 151, Fort Road, London, SE1.
Fort Road, London, SE1 is located in the borough of Southwark within the SE1 postal district.
151A, Fort Road, London has 41 entries in the Land Registry database, most recently in February 2013 and a single entry in the EPC database dated July 2016.
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 151A Fort Road London as £452,278 and the rental value as £2,341 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 151A Fort Road London has increased by £3,112 (0.7%) and its rental value has increased by £97 per month (4.2%).
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 151A, Fort Road, London is in very good condition we estimate a sale value of £474,892 and rental value of £2,458 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £420,619 and a rental value of £2,177 per month.
If you were able to purchase this property for the estimated value of £452,278, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,223 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, 151A, Fort Road, London was last sold on 28 Feb 2013 for £250,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Feb 2013, the market for similar properties has risen 46.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 151A, Fort Road, London within a radius of 320 metres over the last 2 years.
The most recent example is 32, Cadet Drive, London, SE1 5RT, a Leasehold flat which sold for £440,000 in Oct 2023.
Read more about house prices in SE1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fort Road, London, SE1 has a total of 63 addresses. According to our analysis of all the public data, 151A, Fort Road, London is the 45th largest and the 49th most expensive property on the street.
When compared to the postcode district it is £196k less expensive than the average property in SE1.
151A, Fort Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Jul 2016.
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 151A, Fort Road, London is Bermondsey 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 151A, Fort Road, London, 41.8% of property is socially rented and 20.9% 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 151A, Fort Road, London, 10.5% of residents are recorded as possessing school level qualifications and 45.5% 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 151A, Fort Road, London, the average age was 34.9 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 151A, Fort Road, London, 1.4% 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 151A, Fort Road, 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.