According to the public record, Flat 1, Millstream House, London is a early-century apartment with 301 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in Millstream House, Jamaica Road, London, SE16.
Jamaica Road, London, SE16 is located in the borough of Southwark within the SE16 postal district.
Flat 1, Millstream House, London has no recent1 records in the Land Registry database and a single entry in the EPC database dated July 2015.
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 Flat 1 Millstream House London as £236,341 and the rental value as £1,347 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of Flat 1 Millstream House London has increased by £4,714 (2.0%) and its rental value has increased by £80 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 Flat 1, Millstream House, London is in very good condition we estimate a sale value of £248,158 and rental value of £1,415 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £219,797 and a rental value of £1,253 per month.
If you were able to purchase this property for the estimated value of £236,341, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,162 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, Flat 1, Millstream House, London was last sold on 28 Nov 2001 for £72,000 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 Flat 1, Millstream House, London within a radius of 380 metres over the last 2 years.
The most recent example is 137, New Place Square, London, SE16 2HR, a Leasehold flat which sold for £285,000 in Jan 2023.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Jamaica Road, London, SE16 has a total of 389 addresses. According to our analysis of all the public data, Flat 1, Millstream House, London is the 388th largest and the 386th most expensive property on the street.
When compared to the postcode district it is £237k less expensive than the average property in SE16.
Flat 1, Millstream House, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Jul 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler with both radiators and underfloor heating.
The closest station to Flat 1, Millstream House, London is Bermondsey 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 Flat 1, Millstream House, London, 44.0% of property is socially rented and 33.6% 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 Flat 1, Millstream House, London, 22.0% of residents are recorded as possessing school level qualifications and 52.2% 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 Flat 1, Millstream House, London, the average age was 34.1 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 Flat 1, Millstream House, London, 0.7% 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 Flat 1, Millstream House, 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.