According to the public record, Apartment 4, 23, Albert Embankment, London is a modern leasehold apartment with 1,367 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in 23, Albert Embankment, London, SE1.
Albert Embankment, London, SE1 is located in the borough of Lambeth within the SE1 postal district.
Apartment 4, 23, Albert Embankment, London has a single entry in the Land Registry database from February 2018 and a single entry in the EPC database dated August 2017.
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 4 23 Albert Embankment London as £2,262,672 and the rental value as £5,889 per month giving an expected gross yield of 3.1%.
Over the last 12 months the sale value of Apartment 4 23 Albert Embankment London has increased by £13,817 (0.6%) and its rental value has increased by £278 per month (4.7%).
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 4, 23, Albert Embankment, London is in very good condition we estimate a sale value of £2,375,806 and rental value of £6,184 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,104,285 and a rental value of £5,477 per month.
If you were able to purchase this property for the estimated value of £2,262,672, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £11,120 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 4, 23, Albert Embankment, London was last sold on 05 Feb 2018 for £2,315,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2018, 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 4, 23, Albert Embankment, London within a radius of 360 metres over the last 2 years.
The most recent example is Apartment 153, 27, Albert Embankment, London, SE1 7AS, a Leasehold flat which sold for £3,200,000 in Mar 2022.
Read more about house prices in SE1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albert Embankment, London, SE1 has a total of 916 addresses. According to our analysis of all the public data, Apartment 4, 23, Albert Embankment, London is the 210th largest and the 121st most expensive property on the street.
When compared to the postcode district it is £1.615m more expensive than the average property in SE1.
Apartment 4, 23, Albert Embankment, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Aug 2017.
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 4, 23, Albert Embankment, London is Vauxhall station which is 500 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 4, 23, Albert Embankment, London, 28.9% of property is privately rented and 23.7% 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 4, 23, Albert Embankment, London, 22.6% of residents are recorded as possessing school level qualifications and 68.1% 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 4, 23, Albert Embankment, London, the average age was 36.8 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 4, 23, Albert Embankment, 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 Apartment 4, 23, Albert Embankment, 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.