According to the public record, Flat 12, 79, Rouel Road, London is a modern leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 79, Rouel Road, London, SE16.
Rouel Road, London, SE16 is located in the borough of Southwark within the SE16 postal district.
Flat 12, 79, Rouel Road, London has 21 entries in the Land Registry database, most recently in January 2021 and a single entry in the EPC database dated July 2019.
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 12 79 Rouel Road London as £421,106 and the rental value as £2,339 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Flat 12 79 Rouel Road London has increased by £805 (0.2%) and its rental value has increased by £94 per month (4.0%).
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 12, 79, Rouel Road, London is in very good condition we estimate a sale value of £442,162 and rental value of £2,456 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £391,629 and a rental value of £2,175 per month.
If you were able to purchase this property for the estimated value of £421,106, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,070 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 12, 79, Rouel Road, London was last sold on 12 Jan 2021 for £360,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2021, the market for similar properties has dropped 0.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 12, 79, Rouel Road, London within a radius of 260 metres over the last 2 years.
The most recent example is Flat 1, Pullman Building 88, Spa Road, London, SE16 3QT, a Leasehold flat which sold for £570,000 in Apr 2022.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rouel Road, London, SE16 has a total of 70 addresses. According to our analysis of all the public data, Flat 12, 79, Rouel Road, London is the 46th largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £52k less expensive than the average property in SE16.
Flat 12, 79, Rouel Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Jul 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric heaters.
The closest station to Flat 12, 79, Rouel Road, London is Bermondsey station which is 500 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 12, 79, Rouel Road, London, 50.8% of property is privately rented and 27.1% 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 12, 79, Rouel Road, London, 13.4% of residents are recorded as possessing school level qualifications and 68.6% 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 12, 79, Rouel Road, London, the average age was 34.9 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 12, 79, Rouel Road, London, 1.4% 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 12, 79, Rouel Road, 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.