According to the public record, 255B, Old Kent Road, London is a period apartment with 1,205 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 255, Old Kent Road, London, SE1.
Old Kent Road, London, SE1 is located in the borough of Southwark within the SE1 postal district.
255B, Old Kent Road, London has no records in the Land Registry database and a single entry in the EPC database dated January 2024.
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 255B Old Kent Road London as £728,680 and the rental value as £3,410 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 255B Old Kent Road London has increased by £2,939 (0.4%) and its rental value has increased by £135 per month (4.0%).
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 255B, Old Kent Road, London is in very good condition we estimate a sale value of £765,114 and rental value of £3,581 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £677,672 and a rental value of £3,172 per month.
If you were able to purchase this property for the estimated value of £728,680, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,581 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 255B, Old Kent Road, London within a radius of 350 metres over the last 2 years.
The most recent example is 314B, East Street, London, SE17 2SX, a Leasehold flat which sold for £595,000 in Oct 2017.
Read more about house prices in SE1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Kent Road, London, SE1 has a total of 1146 addresses. According to our analysis of all the public data, 255B, Old Kent Road, London is the 21st largest and the 11th most expensive property on the street.
When compared to the postcode district it is £81k more expensive than the average property in SE1.
255B, Old Kent Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Jan 2024.
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 255B, Old Kent Road, London is Bermondsey station which is 1.4 kilometres 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 255B, Old Kent Road, London, 70.1% of property is socially rented and 19.7% 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 255B, Old Kent Road, London, 19.1% of residents are recorded as possessing school level qualifications and 37.2% 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 255B, Old Kent Road, London, the average age was 35 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 255B, Old Kent 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 255B, Old Kent Road, 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.