According to the public record, Flat 172, South Block 1B, London is a modern leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in South Block, Belvedere Road, London, SE1.
Belvedere Road, London, SE1 is located in the borough of Lambeth within the SE1 postal district.
Flat 172, South Block 1B, London has 51 entries in the Land Registry database, most recently in June 2024 and a single entry in the EPC database dated January 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 172 South Block 1B London as £592,730 and the rental value as £2,371 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of Flat 172 South Block 1B London has increased by £5,408 (0.9%) and its rental value has increased by £112 per month (4.7%).
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 172, South Block 1B, London is in very good condition we estimate a sale value of £622,367 and rental value of £2,490 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £551,239 and a rental value of £2,205 per month.
If you were able to purchase this property for the estimated value of £592,730, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,913 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 172, South Block 1B, London was last sold on 18 Jun 2024 for £430,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Jun 2024, the market for similar properties has dropped 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 172, South Block 1B, London within a radius of 350 metres over the last 2 years.
The most recent example is Flat 53, South Block 1A, Belvedere Road, London, SE1 7GB, a Leasehold flat which sold for £510,000 in Jul 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 3 lets of properties similar to Flat 172, South Block 1B, London within a radius of 350 metres over the last 2 years.
Most recently Apartment 312, West Block, Forum Magnum Square, London, SE1 7GL, a Leasehold flat let by Saint Andrews Bureau in Nov 2023.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Belvedere Road, London, SE1 has a total of 786 addresses. According to our analysis of all the public data, Flat 172, South Block 1B, London is the 568th largest and the 570th most expensive property on the street.
When compared to the postcode district it is £55k less expensive than the average property in SE1.
Flat 172, South Block 1B, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Jan 2021.
The property is connected to mains gas and has full secondary glazing. It is heated using Room heaters, electric.
The closest station to Flat 172, South Block 1B, London is Waterloo 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 172, South Block 1B, London, 76.3% of property is privately rented and 11.1% is privately owned with a mortgage.
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 172, South Block 1B, London, 23.8% of residents are recorded as possessing school level qualifications and 80.1% 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 172, South Block 1B, London, the average age was 35.7 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 172, South Block 1B, London, 4.4% 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 172, South Block 1B, 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.