According to the public record, Apartment 7, Sussex House 3, London is a period 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 Sussex House, Maidstone Buildings Mews, London, SE1.
Maidstone Buildings Mews, London, SE1 is located in the borough of Southwark within the SE1 postal district.
Apartment 7, Sussex House 3, London has 41 entries in the Land Registry database, most recently in January 2015 and a single entry in the EPC database dated September 2014.
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 7 Sussex House 3 London as £1,128,937 and the rental value as £4,368 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of Apartment 7 Sussex House 3 London has decreased by £16,935 (1.5%) and its rental value has increased by £72 per month (1.7%).
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 7, Sussex House 3, London is in very good condition we estimate a sale value of £1,185,384 and rental value of £4,586 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,049,912 and a rental value of £4,062 per month.
If you were able to purchase this property for the estimated value of £1,128,937, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,548 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 7, Sussex House 3, London was last sold on 30 Jan 2015 for £1,395,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jan 2015, the market for similar properties has dropped 7.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 7, Sussex House 3, London within a radius of 350 metres over the last 2 years.
The most recent example is Flat 15, Anchor Terrace 3-13, Southwark Bridge Road, London, SE1 9HQ, a Leasehold flat which sold for £812,000 in Jun 2022.
Read more about house prices in SE1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Maidstone Buildings Mews, London, SE1 has a total of 53 addresses. According to our analysis of all the public data, Apartment 7, Sussex House 3, London is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £481k more expensive than the average property in SE1.
Apartment 7, Sussex House 3, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Sep 2014.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to Apartment 7, Sussex House 3, London is Borough 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 7, Sussex House 3, London, 59.6% of property is privately rented and 19.7% 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 7, Sussex House 3, London, 16.0% of residents are recorded as possessing school level qualifications and 77.2% 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 7, Sussex House 3, 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 7, Sussex House 3, London, 2.8% 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 7, Sussex House 3, London, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.