According to the public record, Apartment 78, 81, Black Prince Road, London is a modern leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in 81, Black Prince Road, London, SE1.
Black Prince Road, London, SE1 is located in the borough of Lambeth within the SE1 postal district.
Apartment 78, 81, Black Prince Road, London has a single entry in the Land Registry database from February 2015 and a single entry in the EPC database dated November 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 78 81 Black Prince Road London as £560,138 and the rental value as £2,936 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Apartment 78 81 Black Prince Road London has increased by £4,618 (0.8%) and its rental value has increased by £145 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 78, 81, Black Prince Road, London is in very good condition we estimate a sale value of £588,145 and rental value of £3,082 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £520,929 and a rental value of £2,730 per month.
If you were able to purchase this property for the estimated value of £560,138, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,753 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 78, 81, Black Prince Road, London was last sold on 18 Feb 2015 for £499,561 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2015, the market for similar properties has dropped 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 78, 81, Black Prince Road, London within a radius of 280 metres over the last 2 years.
The most recent example is Flat 46, 6, Salamanca Place, London, SE1 7HB, a Leasehold flat which sold for £125,000 in Sep 2022.
Read more about house prices in SE1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Black Prince Road, London, SE1 has a total of 104 addresses. According to our analysis of all the public data, Apartment 78, 81, Black Prince Road, London is the 42nd largest and the 41st most expensive property on the street.
When compared to the postcode district it is £88k less expensive than the average property in SE1.
Apartment 78, 81, Black Prince Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Nov 2014.
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 78, 81, Black Prince Road, London is Vauxhall station which is 700 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 78, 81, Black Prince Road, 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 78, 81, Black Prince Road, 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 78, 81, Black Prince Road, 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 78, 81, Black Prince Road, 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 78, 81, Black Prince 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.