According to the public record, Flat 11, Wesley Court 2, London is a mid-century leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Wesley Court, Beckwith Road, London, SE24.
Beckwith Road, London, SE24 is located in the borough of Southwark within the SE24 postal district.
Flat 11, Wesley Court 2, London has 51 entries in the Land Registry database, most recently in February 2021 and a single entry in the EPC database dated August 2023.
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 Wesley Court 2 London as £355,864 and the rental value as £1,975 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Flat 11 Wesley Court 2 London has increased by £7,871 (2.2%) and its rental value has increased by £89 per month (4.5%).
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, Wesley Court 2, London is in very good condition we estimate a sale value of £373,657 and rental value of £2,074 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £330,953 and a rental value of £1,837 per month.
If you were able to purchase this property for the estimated value of £355,864, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,749 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, Wesley Court 2, London was last sold on 11 Feb 2021 for £330,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Feb 2021, the market for similar properties has risen 6.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 11, Wesley Court 2, London within a radius of 510 metres over the last 2 years.
The most recent example is Flat 26, Dulwich Mead, Half Moon Lane, London, SE24 9HS, a Leasehold flat which sold for £218,000 in Jul 2024.
Read more about house prices in SE24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 2 lets within a 510 metres radius of Flat 11, Wesley Court 2, London over the last 2 years.
Most recently 55B, Beckwith Road, London, SE24 9LQ, a Leasehold flat let by Your Home Managed in Jul 2023.
Beckwith Road, London, SE24 has a total of 128 addresses. According to our analysis of all the public data, Flat 11, Wesley Court 2, London is the 126th largest and the 126th most expensive property on the street.
When compared to the postcode district it is £545k less expensive than the average property in SE24.
Flat 11, Wesley Court 2, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Aug 2023.
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, Wesley Court 2, London is North Dulwich 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 11, Wesley Court 2, London, 27.7% of property is socially rented and 25.3% 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, Wesley Court 2, London, 21.9% of residents are recorded as possessing school level qualifications and 60.5% 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, Wesley Court 2, London, the average age was 39.1 and the most common age was 12.
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, Wesley Court 2, London, 2.6% 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, Wesley Court 2, London, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.