According to the public record, Flat 127, Parker Building, London is a modern leasehold apartment with 904 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony and roof terrace.
The apartment is in Parker Building, Jamaica Road, London, SE16.
Jamaica Road, London, SE16 is located in the borough of Southwark within the SE16 postal district.
Flat 127, Parker Building, London has a single entry in the Land Registry database from February 2014 and a single entry in the EPC database dated November 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 127 Parker Building London as £540,141 and the rental value as £2,890 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 127 Parker Building London has decreased by £968 (0.2%) and its rental value has increased by £130 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 127, Parker Building, London is in very good condition we estimate a sale value of £567,148 and rental value of £3,035 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £502,331 and a rental value of £2,688 per month.
If you were able to purchase this property for the estimated value of £540,141, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,655 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 127, Parker Building, London was last sold on 11 Feb 2014 for £525,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2014, the market for similar properties has risen 8.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 127, Parker Building, London within a radius of 270 metres over the last 2 years.
The most recent example is Flat 43, Queens Court 2, Old Jamaica Road, London, SE16 4ER, a Leasehold flat which sold for £625,000 in Sep 2023.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Jamaica Road, London, SE16 has a total of 389 addresses. According to our analysis of all the public data, Flat 127, Parker Building, London is the 24th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £67k more expensive than the average property in SE16.
Flat 127, Parker Building, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Nov 2023.
The property is not connected to mains gas and has fully triple glazed windows. It is heated using an electric air source heat pump and underfloor heating.
The closest station to Flat 127, Parker Building, London is Bermondsey station which is 400 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 127, Parker Building, London, 75.3% of property is privately rented and 13.5% 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 127, Parker Building, London, 12.0% of residents are recorded as possessing school level qualifications and 86.5% 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 127, Parker Building, London, the average age was 34.7 and the most common age was 32.
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 127, Parker Building, London, 0.4% 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 127, Parker Building, 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.