According to the public record, 61B, Choumert Road, London is a period apartment with 1,011 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 61, Choumert Road, London, SE15.
Choumert Road, London, SE15 is located in the borough of Southwark within the SE15 postal district.
61B, Choumert Road, London has no recent1 records in the Land Registry database and a single entry in the EPC database dated November 2013.
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 61B Choumert Road London as £775,169 and the rental value as £3,269 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 61B Choumert Road London has increased by £21,763 (2.8%) and its rental value has increased by £192 per month (5.9%).
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 61B, Choumert Road, London is in very good condition we estimate a sale value of £813,927 and rental value of £3,432 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £720,907 and a rental value of £3,040 per month.
If you were able to purchase this property for the estimated value of £775,169, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,810 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, 61B, Choumert Road, London was last sold on 20 Mar 1995 for £30,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 61B, Choumert Road, London within a radius of 340 metres over the last 2 years.
The most recent example is 164B, Bellenden Road, London, SE15 4QY, a Leasehold flat which sold for £832,000 in Jun 2023.
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, 61B, Choumert Road, London is the 102nd largest and the 113th most expensive property on the street.
When compared to the postcode district it is £253k more expensive than the average property in SE15.
61B, Choumert Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Nov 2013.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 61B, Choumert Road, London is Peckham Rye station which is 300 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 61B, Choumert Road, London, 36.6% of property is privately rented and 29.9% is socially 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 61B, Choumert Road, London, 13.5% of residents are recorded as possessing school level qualifications and 69.1% 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 61B, 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 61B, Choumert Road, London, 0.4% 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 61B, Choumert Road, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.