According to the public record, 53A, Elcot Avenue, London is a period leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 53, Elcot Avenue, London, SE15.
Elcot Avenue, London, SE15 is located in the borough of Southwark within the SE15 postal district.
53A, Elcot Avenue, London has 31 entries in the Land Registry database, most recently in November 2012 and a single entry in the EPC database dated July 2012.
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 53A Elcot Avenue London as £556,685 and the rental value as £2,399 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 53A Elcot Avenue London has increased by £11,589 (2.1%) and its rental value has increased by £126 per month (5.3%).
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 53A, Elcot Avenue, London is in very good condition we estimate a sale value of £584,519 and rental value of £2,519 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £517,717 and a rental value of £2,231 per month.
If you were able to purchase this property for the estimated value of £556,685, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,736 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, 53A, Elcot Avenue, London was last sold on 09 Nov 2012 for £269,950 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Nov 2012, the market for similar properties has risen 74.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53A, Elcot Avenue, London within a radius of 300 metres over the last 2 years.
The most recent example is 25A, Elcot Avenue, London, SE15 1QB, a Leasehold flat which sold for £575,000 in Dec 2023.
Read more about house prices in SE15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elcot Avenue, London, SE15 has a total of 48 addresses. According to our analysis of all the public data, 53A, Elcot Avenue, London is the 48th largest and the 44th most expensive property on the street.
When compared to the postcode district it is £35k more expensive than the average property in SE15.
53A, Elcot Avenue, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Jul 2012.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 53A, Elcot Avenue, London is Queens Road (Peckham) station which is 600 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 53A, Elcot Avenue, London, 37.8% of property is privately rented and 32.4% is socially 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 53A, Elcot Avenue, London, 25.9% of residents are recorded as possessing school level qualifications and 43.4% 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 53A, Elcot Avenue, 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 53A, Elcot Avenue, 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 53A, Elcot Avenue, 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.