According to the public record, 71C , The Cut, London is a mid-century leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 71, The Cut, London, SE1.
The Cut, London, SE1 is located in the borough of Lambeth within the SE1 postal district.
71C , The Cut, London has 31 entries in the Land Registry database, most recently in July 2014 and a single entry in the EPC database dated December 2013.
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 71C The Cut London as £605,713 and the rental value as £3,031 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 71C The Cut London has increased by £7,485 (1.2%) and its rental value has increased by £156 per month (5.1%).
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 71C , The Cut, London is in very good condition we estimate a sale value of £635,999 and rental value of £3,183 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £563,313 and a rental value of £2,819 per month.
If you were able to purchase this property for the estimated value of £605,713, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,977 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, 71C , The Cut, London was last sold on 09 Jul 2014 for £598,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2014, 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 71C , The Cut, London within a radius of 320 metres over the last 2 years.
The most recent example is Flat 29, Windmill House, Windmill Walk, London, SE1 8LX, a Leasehold flat which sold for £535,000 in Jul 2021.
Read more about house prices in SE1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Cut, London, SE1 has a total of 110 addresses. According to our analysis of all the public data, 71C , The Cut, London is the 17th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £42k less expensive than the average property in SE1.
71C , The Cut, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Dec 2013.
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 71C , The Cut, London is London Waterloo East station which is 200 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 71C , The Cut, London, 71.1% of property is privately rented and 22.7% 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 71C , The Cut, London, 16.4% of residents are recorded as possessing school level qualifications and 70.9% 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 71C , The Cut, London, the average age was 35.7 and the most common age was 22.
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 71C , The Cut, London, 1.7% 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 71C , The Cut, 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.