Flat 11, Olive Tree House 16, London has a single entry in the Land Registry database from May 2023 and a single entry in the EPC database dated January 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
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, Olive Tree House 16, London is in very good condition we estimate a sale value of £260,789 and rental value of £1,418 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £230,985 and a rental value of £1,256 per month.
If you were able to purchase this property for the estimated value of £248,371, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,221 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, Olive Tree House 16, London was last sold on 30 May 2023 for £245,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2023, the market for similar properties has risen 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 11, Olive Tree House 16, London within a radius of 380 metres over the last 2 years.
The most recent example is Flat 19, Horton House 15, Lovelinch Close, London, SE15 1HG, a Leasehold flat which sold for £290,000 in Sep 2022.
Read more about house prices in SE15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sharratt Street, London, SE15 has a total of 120 addresses. According to our analysis of all the public data, Flat 11, Olive Tree House 16, London is the 95th largest and the 68th most expensive property on the street.
When compared to the postcode district it is £274k less expensive than the average property in SE15.
Flat 11, Olive Tree House 16, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Jan 2015.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
According to the public record, Flat 11, Olive Tree House 16, London is a mid-century leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Olive Tree House, Sharratt Street, London, SE15.
Sharratt Street, London, SE15 is located in the borough of Lewisham within the SE15 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 11 Olive Tree House 16 London as £248,371 and the rental value as £1,350 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 11 Olive Tree House 16 London has increased by £7,058 (2.8%) and its rental value has increased by £86 per month (6.3%).
The closest station to Flat 11, Olive Tree House 16, London is South Bermondsey station which is 700 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, Olive Tree House 16, London, 63.9% of property is socially rented and 14.8% 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, Olive Tree House 16, London, 34.1% of residents are recorded as possessing school level qualifications and 25.8% 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, Olive Tree House 16, London, the average age was 33.3 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, Olive Tree House 16, 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 11, Olive Tree House 16, 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.