According to the public record, Flat 2, The Glass House 3, London is a modern leasehold apartment with 828 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
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 2, The Glass House 3, London has 2 entries in the Land Registry database, most recently in September 2017 and a single entry in the EPC database dated October 2016.
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 2 The Glass House 3 London as £647,402 and the rental value as £2,983 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of Flat 2 The Glass House 3 London has decreased by £8,019 (1.2%) and its rental value has increased by £51 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 2, The Glass House 3, London is in very good condition we estimate a sale value of £679,772 and rental value of £3,132 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £602,084 and a rental value of £2,774 per month.
If you were able to purchase this property for the estimated value of £647,402, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,182 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 2, The Glass House 3, London was last sold on 13 Sep 2017 for £400,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2017, the market for similar properties has dropped 8.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 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 2, The Glass House 3, London is the 46th largest and the 56th most expensive property on the street.
When compared to the postcode district it is £546 less expensive than the average property in SE1.
Flat 2, The Glass House 3, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Oct 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler with both radiators and underfloor heating.
The closest station to Flat 2, 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 2, 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 2, 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 2, 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 2, 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 2, 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.