According to the public record, Apartment 5, Boatman House, London is a modern leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Boatman House, Prospect Street, London, SE16.
Prospect Street, London, SE16 is located in the borough of Southwark within the SE16 postal district.
Apartment 5, Boatman House, London has 2 entries in the Land Registry database, most recently in July 2023 and a single entry in the EPC database dated June 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 5 Boatman House London as £566,665 and the rental value as £2,606 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of Apartment 5 Boatman House London has increased by £3,278 (0.6%) and its rental value has increased by £116 per month (4.5%).
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 5, Boatman House, London is in very good condition we estimate a sale value of £594,999 and rental value of £2,736 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £526,999 and a rental value of £2,423 per month.
If you were able to purchase this property for the estimated value of £566,665, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,785 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 5, Boatman House, London was last sold on 25 Jul 2023 for £600,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2023, the market for similar properties has risen 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 5, Boatman House, London within a radius of 380 metres over the last 2 years.
The most recent example is Apartment 2, Boatman House, Prospect Street, London, SE16 4EY, a Leasehold flat which sold for £555,000 in Oct 2022.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Prospect Street, London, SE16 has a total of 8 addresses. According to our analysis of all the public data, Apartment 5, Boatman House, London is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £93k more expensive than the average property in SE16.
Apartment 5, Boatman House, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Jun 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler with both radiators and underfloor heating.
The closest station to Apartment 5, Boatman House, London is Bermondsey 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 5, Boatman House, London, 73.0% of property is socially rented and 15.1% 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 Apartment 5, Boatman House, London, 30.8% of residents are recorded as possessing school level qualifications and 42.6% 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 5, Boatman House, London, the average age was 34.1 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 5, Boatman House, London, 0.3% 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 5, Boatman House, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.