According to the public record, Flat 11, 14, Weller Street, London is a modern leasehold apartment with 871 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in 14, Weller Street, London, SE1.
Weller Street, London, SE1 is located in the borough of Southwark within the SE1 postal district.
Flat 11, 14, Weller Street, London has 2 entries in the Land Registry database, most recently in August 2010 and a single entry in the EPC database dated April 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 Flat 11 14 Weller Street London as £900,377 and the rental value as £3,157 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of Flat 11 14 Weller Street London has decreased by £7,899 (0.9%) and its rental value has increased by £61 per month (1.9%).
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 11, 14, Weller Street, London is in very good condition we estimate a sale value of £945,396 and rental value of £3,315 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £837,350 and a rental value of £2,936 per month.
If you were able to purchase this property for the estimated value of £900,377, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,425 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 11, 14, Weller Street, London was last sold on 13 Aug 2010 for £535,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2010, the market for similar properties has risen 47.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 11, 14, Weller Street, London within a radius of 270 metres over the last 2 years.
The most recent example is Flat 55, Brandon House 10, Hilary Mews, London, SE1 1AP, a Leasehold flat which sold for £885,000 in Mar 2024.
Read more about house prices in SE1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Weller Street, London, SE1 has a total of 20 addresses. According to our analysis of all the public data, Flat 11, 14, Weller Street, London is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £252k more expensive than the average property in SE1.
Flat 11, 14, Weller Street, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Apr 2021.
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 Flat 11, 14, Weller Street, London is Borough 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 Flat 11, 14, Weller Street, London, 39.0% of property is privately rented and 24.4% 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 Flat 11, 14, Weller Street, London, 16.8% of residents are recorded as possessing school level qualifications and 72.7% 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 11, 14, Weller Street, 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 Flat 11, 14, Weller Street, 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 Flat 11, 14, Weller Street, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.