According to the public record, Flat 14, Falmouth House 1, London is a mid-century apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Falmouth House, Seaton Close, London, SE11.
Seaton Close, London, SE11 is located in the borough of Lambeth within the SE11 postal district.
Flat 14, Falmouth House 1, London has no records in the Land Registry database and a single entry in the EPC database dated February 2021.
We combine this information with public data 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 Falmouth House 1 London as £338,522 and the rental value as £1,837 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 14 Falmouth House 1 London has increased by £6,165 (1.8%) and its rental value has increased by £94 per month (5.1%).
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, Falmouth House 1, London is in very good condition we estimate a sale value of £355,448 and rental value of £1,929 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £314,825 and a rental value of £1,709 per month.
If you were able to purchase this property for the estimated value of £338,522, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,664 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 14, Falmouth House 1, London within a radius of 270 metres over the last 2 years.
The most recent example is Flat 1, Nathan House, Reedworth Street, London, SE11 4PG, a Leasehold flat which sold for £380,000 in Sep 2023.
Read more about house prices in SE11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Seaton Close, London, SE11 has a total of 68 addresses. According to our analysis of all the public data, Flat 14, Falmouth House 1, London is the 60th largest and the 60th most expensive property on the street.
When compared to the postcode district it is £215k less expensive than the average property in SE11.
Flat 14, Falmouth House 1, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Feb 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 14, Falmouth House 1, London is Kennington station which is 200 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, Falmouth House 1, London, 55.3% of property is socially rented and 20.8% 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 14, Falmouth House 1, London, 25.6% of residents are recorded as possessing school level qualifications and 55.2% 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, Falmouth House 1, London, the average age was 36.8 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, Falmouth House 1, 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 14, Falmouth House 1, 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.