According to the public record, Flat 14, Elm Court, London is a modern leasehold apartment with 818 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Elm Court, Royal Oak Yard, London, SE1.
Royal Oak Yard, London, SE1 is located in the borough of Southwark within the SE1 postal district.
Flat 14, Elm Court, London has a single entry in the Land Registry database from March 2008 and a single entry in the EPC database dated July 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 14 Elm Court London as £706,189 and the rental value as £2,946 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Flat 14 Elm Court London has decreased by £8,469 (1.2%) and its rental value has increased by £52 per month (1.8%).
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 14, Elm Court, London is in very good condition we estimate a sale value of £741,498 and rental value of £3,094 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £656,755 and a rental value of £2,740 per month.
If you were able to purchase this property for the estimated value of £706,189, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,471 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 14, Elm Court, London was last sold on 31 Mar 2008 for £435,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2008, the market for similar properties has risen 50.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 14, Elm Court, London within a radius of 240 metres over the last 2 years.
The most recent example is 11, Gallery Apartments 6, Lamb Walk, London, SE1 3GL, a Leasehold flat which sold for £750,000 in Jul 2023.
Read more about house prices in SE1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 240 metres radius of Flat 14, Elm Court, London over the last 2 years.
Most recently Flat 602, 153, Tower Bridge Road, London, SE1 3LW, a Leasehold flat let by Saint Andrews Bureau in Feb 2023.
Royal Oak Yard, London, SE1 has a total of 95 addresses. According to our analysis of all the public data, Flat 14, Elm Court, London is the 48th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £58k more expensive than the average property in SE1.
Flat 14, Elm Court, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Jul 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 14, Elm Court, London is London Bridge 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 14, Elm Court, London, 58.2% of property is privately rented and 22.7% 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 14, Elm Court, London, 11.4% of residents are recorded as possessing school level qualifications and 85.6% 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 14, Elm Court, London, the average age was 34.4 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 14, Elm Court, 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 14, Elm Court, 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.