According to the public record, Flat 14, The Priory 47-55, London is a period leasehold apartment with 204 ft2 of internal area.
Apartments of this size in this area are normally studios with a garden.
The apartment is in The Priory, Webber Street, London, SE1.
Webber Street, London, SE1 is located in the borough of Southwark within the SE1 postal district.
Flat 14, The Priory 47-55, London has a single entry in the Land Registry database from November 2023 and a single entry in the EPC database dated September 2021.
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 The Priory 47-55 London as £226,686 and the rental value as £1,190 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 14 The Priory 47-55 London has increased by £2,182 (1.0%) and its rental value has increased by £51 per month (4.3%).
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, The Priory 47-55, London is in very good condition we estimate a sale value of £238,021 and rental value of £1,249 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £210,818 and a rental value of £1,107 per month.
If you were able to purchase this property for the estimated value of £226,686, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,114 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, The Priory 47-55, London was last sold on 23 Nov 2023 for £218,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2023, the market for similar properties has risen 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 220 metres radius of Flat 14, The Priory 47-55, London over the last 2 years.
The most recent example is Flat 7, The Priory 47-55, Webber Street, London, SE1 0RQ, a Leasehold flat which sold for £337,000 in Nov 2023.
Read more about house prices in SE1.
Our network of Estate Agents report 1 let within a 220 metres radius of Flat 14, The Priory 47-55, London over the last 2 years.
Most recently Flat 10, Sharpley Court 8A, Pocock Street, London, SE1 0BJ, a Leasehold flat let by Saint Andrews Bureau in Sep 2023.
Webber Street, London, SE1 has a total of 410 addresses. According to our analysis of all the public data, Flat 14, The Priory 47-55, London is the 408th largest and the 408th most expensive property on the street.
When compared to the postcode district it is £421k less expensive than the average property in SE1.
Flat 14, The Priory 47-55, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Sep 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 14, The Priory 47-55, London is Southwark 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 14, The Priory 47-55, London, 68.9% of property is socially rented and 19.8% 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, The Priory 47-55, London, 13.0% of residents are recorded as possessing school level qualifications and 49.8% 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, The Priory 47-55, London, the average age was 33.9 and the most common age was 22.
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, The Priory 47-55, 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, The Priory 47-55, 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.