According to the public record, Apartment 249, 1, Blackfriars Road, London is a modern leasehold apartment with 1,948 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 1, Blackfriars Road, London, SE1.
Blackfriars Road, London, SE1 is located in the borough of Southwark within the SE1 postal district.
Apartment 249, 1, Blackfriars Road, London has a single entry in the Land Registry database from July 2019 and a single entry in the EPC database dated October 2018.
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 Apartment 249 1 Blackfriars Road London as £3,208,296 and the rental value as £11,518 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of Apartment 249 1 Blackfriars Road London has decreased by £2,869 (0.1%) and its rental value has increased by £474 per month (4.1%).
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 Apartment 249, 1, Blackfriars Road, London is in very good condition we estimate a sale value of £3,368,711 and rental value of £12,094 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,983,715 and a rental value of £10,712 per month.
If you were able to purchase this property for the estimated value of £3,208,296, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £15,768 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, Apartment 249, 1, Blackfriars Road, London was last sold on 09 Jul 2019 for £4,900,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2019, the market for similar properties has dropped 3.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 249, 1, Blackfriars Road, London within a radius of 380 metres over the last 2 years.
The most recent example is Apartment 1703, 55, Upper Ground, London, SE1 9EY, a Leasehold flat which sold for £3,600,000 in Apr 2021.
Read more about house prices in SE1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 380 metres radius of Apartment 249, 1, Blackfriars Road, London over the last 2 years.
Most recently Apartment 60, 1, Blackfriars Road, London, SE1 9GD, a Leasehold flat let by Saint Andrews Bureau in Sep 2023.
Blackfriars Road, London, SE1 has a total of 675 addresses. According to our analysis of all the public data, Apartment 249, 1, Blackfriars Road, London is the 34th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £2.56m more expensive than the average property in SE1.
Apartment 249, 1, Blackfriars Road, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Oct 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Apartment 249, 1, Blackfriars Road, London is Blackfriars station which is 300 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 Apartment 249, 1, Blackfriars Road, London, 46.1% of property is privately rented and 30.3% 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 Apartment 249, 1, Blackfriars Road, London, 12.7% of residents are recorded as possessing school level qualifications and 73.4% 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 Apartment 249, 1, Blackfriars Road, 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 Apartment 249, 1, Blackfriars Road, London, 2.2% 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 Apartment 249, 1, Blackfriars Road, 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.