According to the public record, Flat 16, 190, Rye Lane, London is a modern leasehold apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in 190, Rye Lane, London, SE15.
Rye Lane, London, SE15 is located in the borough of Southwark within the SE15 postal district.
Flat 16, 190, Rye Lane, London has a single entry in the Land Registry database from July 2021 and a single entry in the EPC database dated September 2020.
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 good condition, we estimate the current sale value for Flat 16 190 Rye Lane London as £163,633 and the rental value as £893 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 16 190 Rye Lane London has increased by £1,192 (0.7%) and its rental value has increased by £34 per month (3.8%).
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 16, 190, Rye Lane, London is in very good condition we estimate a sale value of £171,815 and rental value of £937 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £152,179 and a rental value of £830 per month.
If you were able to purchase this property for the estimated value of £163,633, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £804 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 16, 190, Rye Lane, London was last sold on 30 Jul 2021 for £174,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2021, the market for similar properties has risen 0.1%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 16, 190, Rye Lane, London within a radius of 320 metres over the last 2 years.
The most recent example is Flat 18, 190, Rye Lane, London, SE15 4NF, a Leasehold flat which sold for £204,750 in Jul 2021.
Read more about house prices in SE15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rye Lane, London, SE15 has a total of 511 addresses. According to our analysis of all the public data, Flat 16, 190, Rye Lane, London is the 186th largest and the 499th most expensive property on the street.
When compared to the postcode district it is £358k less expensive than the average property in SE15.
Flat 16, 190, Rye Lane, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Sep 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 16, 190, Rye Lane, London is Peckham Rye 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 16, 190, Rye Lane, London, 35.9% of property is socially rented and 28.2% is shared ownership.
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 16, 190, Rye Lane, London, 22.5% of residents are recorded as possessing school level qualifications and 60.1% 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 16, 190, Rye Lane, London, the average age was 35.8 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 16, 190, Rye Lane, London, 0.0% 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 16, 190, Rye Lane, 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.