According to the public record, 121B , Choumert Road, London is a period leasehold apartment with 871 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 121, Choumert Road, London, SE15.
Choumert Road, London, SE15 is located in the borough of Southwark within the SE15 postal district.
121B , Choumert Road, London has a single entry in the Land Registry database from September 2020 and a single entry in the EPC database dated May 2013.
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 121B Choumert Road London as £646,315 and the rental value as £2,757 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 121B Choumert Road London has increased by £18,813 (2.9%) and its rental value has increased by £160 per month (5.8%).
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 121B , Choumert Road, London is in very good condition we estimate a sale value of £678,631 and rental value of £2,895 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £601,073 and a rental value of £2,564 per month.
If you were able to purchase this property for the estimated value of £646,315, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,176 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, 121B , Choumert Road, London was last sold on 25 Sep 2020 for £675,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2020, the market for similar properties has risen 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 121B , Choumert Road, London within a radius of 360 metres over the last 2 years.
The most recent example is 35B, Maxted Road, London, SE15 4LL, a Leasehold flat which sold for £740,000 in Feb 2022.
Read more about house prices in SE15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Choumert Road, London, SE15 has a total of 268 addresses. According to our analysis of all the public data, 121B , Choumert Road, London is the 121st largest and the 148th most expensive property on the street.
When compared to the postcode district it is £124k more expensive than the average property in SE15.
121B , Choumert Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 May 2013.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 121B , Choumert Road, London is Peckham Rye station which is 400 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 121B , Choumert Road, London, 31.4% of property is privately rented and 25.7% 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 121B , Choumert Road, London, 14.5% of residents are recorded as possessing school level qualifications and 68.7% 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 121B , Choumert Road, London, the average age was 35.8 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 121B , Choumert Road, 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 121B , Choumert Road, 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.