According to the public record, 153B , Rye Lane, London is a mid-century apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 153, Rye Lane, London, SE15.
Rye Lane, London, SE15 is located in the borough of Southwark within the SE15 postal district.
153B , Rye Lane, London has no records in the Land Registry database and a single entry in the EPC database dated October 2022.
We combine this information with public data 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 153B Rye Lane London as £253,765 and the rental value as £1,348 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 153B Rye Lane London has increased by £5,839 (2.3%) and its rental value has increased by £73 per month (5.4%).
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 153B , Rye Lane, London is in very good condition we estimate a sale value of £266,453 and rental value of £1,416 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £236,001 and a rental value of £1,254 per month.
If you were able to purchase this property for the estimated value of £253,765, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,247 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 153B , Rye Lane, London within a radius of 350 metres over the last 2 years.
The most recent example is Flat 5, 4, Elm Grove, London, SE15 5DB, a Leasehold flat which sold for £275,000 in Aug 2023.
Read more about house prices in SE15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rye Lane, London, SE15 has a total of 511 addresses. According to our analysis of all the public data, 153B , Rye Lane, London is the 459th largest and the 396th most expensive property on the street.
When compared to the postcode district it is £268k less expensive than the average property in SE15.
153B , Rye Lane, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Oct 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
The closest station to 153B , Rye Lane, London is Peckham Rye station which is 100 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 153B , Rye Lane, London, 33.7% of property is socially rented and 27.2% 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 153B , Rye Lane, London, 15.1% of residents are recorded as possessing school level qualifications and 66.2% 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 153B , Rye Lane, 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 153B , Rye Lane, London, 4.2% 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 153B , Rye Lane, 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.