According to the public record, Flat 16, River Court, London is a mid-century leasehold apartment with 990 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in River Court, Upper Ground, London, SE1.
Upper Ground, London, SE1 is located in the borough of Southwark within the SE1 postal district.
Flat 16, River Court, London has a single entry in the Land Registry database from September 2021 and a single entry in the EPC database dated May 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 16 River Court London as £869,711 and the rental value as £3,621 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Flat 16 River Court London has decreased by £5,516 (0.6%) and its rental value has increased by £128 per month (3.5%).
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 16, River Court, London is in very good condition we estimate a sale value of £913,196 and rental value of £3,802 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £808,831 and a rental value of £3,367 per month.
If you were able to purchase this property for the estimated value of £869,711, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,274 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, River Court, London was last sold on 30 Sep 2021 for £690,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2021, the market for similar properties has dropped 2.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 16, River Court, London within a radius of 420 metres over the last 2 years.
The most recent example is Flat 69, River Court, Upper Ground, London, SE1 9PB, a Leasehold flat which sold for £1,200,000 in Apr 2022.
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 420 metres radius of Flat 16, River Court, London over the last 2 years.
Most recently Apartment 60, 1, Blackfriars Road, London, SE1 9GD, a Leasehold flat let by Saint Andrews Bureau in Sep 2023.
Upper Ground, London, SE1 has a total of 437 addresses. According to our analysis of all the public data, Flat 16, River Court, London is the 150th largest and the 240th most expensive property on the street.
When compared to the postcode district it is £222k more expensive than the average property in SE1.
Flat 16, River Court, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 May 2021.
The property is not connected to mains gas and has single glazed windows. It is heated using a community scheme.
The closest station to Flat 16, River Court, London is Blackfriars 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 16, River Court, London, 46.1% of property is privately rented and 30.3% is socially 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 16, River Court, London, 12.7% of residents are recorded as possessing school level qualifications and 73.4% 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, River 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 16, River Court, London, 2.2% 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, River 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.