According to the public record, Flat 18, Richland House, London is a mid-century leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Richland House, Goldsmith Road, London, SE15.
Goldsmith Road, London, SE15 is located in the borough of Southwark within the SE15 postal district.
Flat 18, Richland House, London has a single entry in the Land Registry database from July 2015 and a single entry in the EPC database dated November 2014.
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 18 Richland House London as £311,737 and the rental value as £1,673 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 18 Richland House London has increased by £6,042 (1.9%) and its rental value has increased by £84 per month (5.0%).
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 18, Richland House, London is in very good condition we estimate a sale value of £327,324 and rental value of £1,756 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £289,915 and a rental value of £1,556 per month.
If you were able to purchase this property for the estimated value of £311,737, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,532 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 18, Richland House, London was last sold on 24 Jul 2015 for £303,700 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2015, the market for similar properties has risen 15.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 18, Richland House, London within a radius of 280 metres over the last 2 years.
The most recent example is Flat 10, Flamborough House, Clayton Road, London, SE15 5HZ, a Leasehold flat which sold for £295,000 in Jun 2022.
Read more about house prices in SE15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Goldsmith Road, London, SE15 has a total of 248 addresses. According to our analysis of all the public data, Flat 18, Richland House, London is the 161st largest and the 165th most expensive property on the street.
When compared to the postcode district it is £210k less expensive than the average property in SE15.
Flat 18, Richland House, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Nov 2014.
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 18, Richland House, London is Peckham Rye station which is 600 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 18, Richland House, London, 54.2% of property is socially rented and 20.5% 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 18, Richland House, London, 21.7% of residents are recorded as possessing school level qualifications and 47.7% 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 18, Richland House, London, the average age was 35 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 18, Richland House, London, 0.4% 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 18, Richland House, 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.