According to the public record, 3B, Philip Walk, London is a period leasehold apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 3, Philip Walk, London, SE15.
Philip Walk, London, SE15 is located in the borough of Southwark within the SE15 postal district.
3B, Philip Walk, London has 2 entries in the Land Registry database, most recently in October 2018 and a single entry in the EPC database dated October 2021.
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 3B Philip Walk London as £339,554 and the rental value as £1,716 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 3B Philip Walk London has increased by £4,809 (1.4%) and its rental value has increased by £77 per month (4.5%).
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 3B, Philip Walk, London is in very good condition we estimate a sale value of £356,532 and rental value of £1,801 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £315,785 and a rental value of £1,596 per month.
If you were able to purchase this property for the estimated value of £339,554, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,669 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, 3B, Philip Walk, London was last sold on 03 Oct 2018 for £388,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2018, the market for similar properties has risen 4.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3B, Philip Walk, London within a radius of 300 metres over the last 2 years.
The most recent example is 3A, Philip Walk, London, SE15 3NH, a Leasehold flat which sold for £360,000 in Jul 2022.
Read more about house prices in SE15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Philip Walk, London, SE15 has a total of 60 addresses. According to our analysis of all the public data, 3B, Philip Walk, London is the 53rd largest and the 54th most expensive property on the street.
When compared to the postcode district it is £182k less expensive than the average property in SE15.
3B, Philip Walk, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Oct 2021.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 3B, Philip Walk, London is Peckham Rye station which is 500 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 3B, Philip Walk, London, 52.1% of property is socially rented and 24.7% 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 3B, Philip Walk, London, 26.2% of residents are recorded as possessing school level qualifications and 53.4% 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 3B, Philip Walk, 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 3B, Philip Walk, 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 3B, Philip Walk, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.