According to the public record, Flat 11, Grenier Apartments 18, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 929 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Grenier Apartments, Gervase Street, London, SE15.
Gervase Street, London, SE15 is located in the borough of Southwark within the SE15 postal district.
Flat 11, Grenier Apartments 18, London has 21 entries in the Land Registry database, most recently in June 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 Grenier Apartments 18 London as £517,016 and the rental value as £2,452 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of Flat 11 Grenier Apartments 18 London has increased by £14,273 (2.8%) and its rental value has increased by £148 per month (6.0%).
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, Grenier Apartments 18, London is in very good condition we estimate a sale value of £542,867 and rental value of £2,574 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £480,825 and a rental value of £2,280 per month.
If you were able to purchase this property for the estimated value of £517,016, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,541 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, Grenier Apartments 18, London was last sold on 29 Jun 2007 for £323,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2007, the market for similar properties has risen 91.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 11, Grenier Apartments 18, London within a radius of 340 metres over the last 2 years.
The most recent example is Flat 8, Grenier Apartments 18, Gervase Street, London, SE15 2RS, a Leasehold flat which sold for £500,000 in May 2021.
Read more about house prices in SE15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gervase Street, London, SE15 has a total of 103 addresses. According to our analysis of all the public data, Flat 11, Grenier Apartments 18, London is the 20th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £5k less expensive than the average property in SE15.
The closest station to Flat 11, Grenier Apartments 18, London is Queens Road (Peckham) station which is 600 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, Grenier Apartments 18, London, 54.4% of property is socially rented and 22.6% 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 11, Grenier Apartments 18, London, 11.4% of residents are recorded as possessing school level qualifications and 48.0% 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, Grenier Apartments 18, London, the average age was 36.2 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, Grenier Apartments 18, London, 0.2% 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, Grenier Apartments 18, 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.