According to the public record, Flat 16, Rye House, London is a early-century leasehold apartment with 753 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Rye House, Swan Road, London, SE16.
Swan Road, London, SE16 is located in the borough of Southwark within the SE16 postal district.
Flat 16, Rye House, London has 21 entries in the Land Registry database, most recently in January 2007 and a single entry in the EPC database dated February 2019.
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 Rye House London as £452,371 and the rental value as £2,464 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 16 Rye House London has increased by £2,089 (0.5%) and its rental value has increased by £105 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 16, Rye House, London is in very good condition we estimate a sale value of £474,990 and rental value of £2,587 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £420,705 and a rental value of £2,292 per month.
If you were able to purchase this property for the estimated value of £452,371, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,223 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, Rye House, London was last sold on 22 Jan 2007 for £227,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2007, the market for similar properties has risen 64.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 16, Rye House, London within a radius of 320 metres over the last 2 years.
The most recent example is 144, Adams Gardens Estate, London, SE16 4JH, a Leasehold flat which sold for £400,000 in Nov 2023.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Swan Road, London, SE16 has a total of 162 addresses. According to our analysis of all the public data, Flat 16, Rye House, London is the 77th largest and the 60th most expensive property on the street.
When compared to the postcode district it is £21k less expensive than the average property in SE16.
Flat 16, Rye House, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Feb 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 16, Rye House, London is Rotherhithe station which is 100 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, Rye House, London, 60.4% of property is socially rented and 17.0% 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 16, Rye House, London, 26.0% of residents are recorded as possessing school level qualifications and 46.8% 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 16, Rye House, London, the average age was 34.1 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, Rye House, London, 2.3% 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, Rye House, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.