According to the public record, 28B, Maltings Place, London is a modern leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 28, Maltings Place, London, SE1.
Maltings Place, London, SE1 is located in the borough of Southwark within the SE1 postal district.
28B, Maltings Place, London has 2 entries in the Land Registry database, most recently in December 2021 and a single entry in the EPC database dated October 2016.
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 28B Maltings Place London as £502,561 and the rental value as £2,138 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 28B Maltings Place London has decreased by £1,426 (0.3%) and its rental value has increased by £58 per month (2.7%).
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 28B, Maltings Place, London is in very good condition we estimate a sale value of £527,689 and rental value of £2,245 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £467,382 and a rental value of £1,989 per month.
If you were able to purchase this property for the estimated value of £502,561, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,470 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, 28B, Maltings Place, London was last sold on 07 Dec 2021 for £540,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2021, the market for similar properties has dropped 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 28B, Maltings Place, London within a radius of 260 metres over the last 2 years.
The most recent example is 92B, Maltings Place, London, SE1 3LJ, a Leasehold flat which sold for £560,000 in Sep 2022.
Read more about house prices in SE1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 260 metres radius of 28B, Maltings Place, London over the last 2 years.
Most recently Flat 602, 153, Tower Bridge Road, London, SE1 3LW, a Leasehold flat let by Saint Andrews Bureau in Feb 2023.
Maltings Place, London, SE1 has a total of 164 addresses. According to our analysis of all the public data, 28B, Maltings Place, London is the 53rd largest and the 57th most expensive property on the street.
When compared to the postcode district it is £145k less expensive than the average property in SE1.
28B, Maltings Place, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Oct 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using elecric underfloor heating.
The closest station to 28B, Maltings Place, London is London Bridge station which is 600 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 28B, Maltings Place, London, 56.9% of property is privately rented and 19.1% 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 28B, Maltings Place, London, 13.5% of residents are recorded as possessing school level qualifications and 75.1% 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 28B, Maltings Place, 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 28B, Maltings Place, 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 28B, Maltings Place, 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.