According to the public record, Flat 18, The Glass House 3, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 867 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in The Glass House, Royal Oak Yard, London, SE1.
Royal Oak Yard, London, SE1 is located in the borough of Southwark within the SE1 postal district.
Flat 18, The Glass House 3, London has 31 entries in the Land Registry database, most recently in June 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 The Glass House 3 London as £667,452 and the rental value as £3,047 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of Flat 18 The Glass House 3 London has decreased by £8,267 (1.2%) and its rental value has increased by £52 per month (1.7%).
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 18, The Glass House 3, London is in very good condition we estimate a sale value of £700,825 and rental value of £3,199 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £620,730 and a rental value of £2,833 per month.
If you were able to purchase this property for the estimated value of £667,452, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,280 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, The Glass House 3, London was last sold on 18 Jun 2007 for £499,950 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jun 2007, the market for similar properties has risen 47.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 18, The Glass House 3, London within a radius of 240 metres over the last 2 years.
The most recent example is Flat 29, 3, Market Yard Mews, London, SE1 3TJ, a Leasehold flat which sold for £700,000 in Jul 2023.
Read more about house prices in SE1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Royal Oak Yard, London, SE1 has a total of 95 addresses. According to our analysis of all the public data, Flat 18, The Glass House 3, London is the 43rd largest and the 50th most expensive property on the street.
When compared to the postcode district it is £20k more expensive than the average property in SE1.
The closest station to Flat 18, The Glass House 3, London is London Bridge station which is 700 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, The Glass House 3, London, 43.1% of property is privately rented and 27.6% 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 18, The Glass House 3, London, 17.2% of residents are recorded as possessing school level qualifications and 76.6% 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, The Glass House 3, 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 18, The Glass House 3, London, 1.1% 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, The Glass House 3, 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.