According to the public record, Apartment 3, Rodney Point 309, London is a modern leasehold apartment with 871 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Rodney Point, Rotherhithe Street, London, SE16.
Rotherhithe Street, London, SE16 is located in the borough of Southwark within the SE16 postal district.
Apartment 3, Rodney Point 309, London has 21 entries in the Land Registry database, most recently in April 2017 and a single entry in the EPC database dated July 2020.
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 3 Rodney Point 309 London as £494,155 and the rental value as £2,716 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Apartment 3 Rodney Point 309 London has increased by £7,883 (1.6%) and its rental value has increased by £133 per month (4.9%).
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 3, Rodney Point 309, London is in very good condition we estimate a sale value of £518,863 and rental value of £2,852 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £459,564 and a rental value of £2,526 per month.
If you were able to purchase this property for the estimated value of £494,155, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,429 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 3, Rodney Point 309, London was last sold on 28 Apr 2017 for £580,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2017, the market for similar properties has dropped 2.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 3, Rodney Point 309, London within a radius of 420 metres over the last 2 years.
The most recent example is Apartment 3, Harwood Point 307, Rotherhithe Street, London, SE16 5HD, a Leasehold flat which sold for £515,000 in Nov 2022.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rotherhithe Street, London, SE16 has a total of 1516 addresses. According to our analysis of all the public data, Apartment 3, Rodney Point 309, London is the 446th largest and the 805th most expensive property on the street.
When compared to the postcode district it is £21k more expensive than the average property in SE16.
Apartment 3, Rodney Point 309, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Jul 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Apartment 3, Rodney Point 309, London is Heron Quays 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 Apartment 3, Rodney Point 309, London, 45.8% of property is privately rented and 26.7% 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 Apartment 3, Rodney Point 309, London, 11.7% of residents are recorded as possessing school level qualifications and 69.7% 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 3, Rodney Point 309, London, the average age was 34.7 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 3, Rodney Point 309, London, 0.7% 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 3, Rodney Point 309, 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.