According to the public record, 38A, Surrey Square, London is a period leasehold apartment with 376 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 38, Surrey Square, London, SE17.
Surrey Square, London, SE17 is located in the borough of Southwark within the SE17 postal district.
38A, Surrey Square, London has 41 entries in the Land Registry database, most recently in September 2023 and a single entry in the EPC database dated September 2022.
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 38A Surrey Square London as £295,495 and the rental value as £1,600 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 38A Surrey Square London has decreased by £1,449 (0.5%) and its rental value has increased by £49 per month (3.1%).
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 38A, Surrey Square, London is in very good condition we estimate a sale value of £310,270 and rental value of £1,680 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £274,810 and a rental value of £1,488 per month.
If you were able to purchase this property for the estimated value of £295,495, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,452 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, 38A, Surrey Square, London was last sold on 22 Sep 2023 for £330,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Sep 2023, the market for similar properties has dropped 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38A, Surrey Square, London within a radius of 280 metres over the last 2 years.
The most recent example is 21 Dover Flats, Old Kent Road, London, SE1 5NJ, a Leasehold flat which sold for £273,000 in Nov 2022.
Read more about house prices in SE17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Surrey Square, London, SE17 has a total of 72 addresses. According to our analysis of all the public data, 38A, Surrey Square, London is the 71st largest and the 72nd most expensive property on the street.
When compared to the postcode district it is £133k less expensive than the average property in SE17.
38A, Surrey Square, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Sep 2022.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 38A, Surrey Square, London is Elephant & Castle station which is 1.3 kilometres 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 38A, Surrey Square, London, 39.8% of property is socially rented and 30.5% is privately 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 38A, Surrey Square, London, 29.3% of residents are recorded as possessing school level qualifications and 56.0% 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 38A, Surrey Square, London, the average age was 34.4 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 38A, Surrey Square, London, 1.9% 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 38A, Surrey Square, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.