According to the public record, Flat 21, Cathay House, London is a mid-century apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Cathay House, Cathay Street, London, SE16.
Cathay Street, London, SE16 is located in the borough of Southwark within the SE16 postal district.
Flat 21, Cathay House, London has no recent1 records in the Land Registry database and a single entry in the EPC database dated May 2013.
We combine this information with public data 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 21 Cathay House London as £459,914 and the rental value as £2,330 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 21 Cathay House London has decreased by £267 (0.1%) and its rental value has increased by £88 per month (3.8%).
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 21, Cathay House, London is in very good condition we estimate a sale value of £482,910 and rental value of £2,447 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £427,720 and a rental value of £2,167 per month.
If you were able to purchase this property for the estimated value of £459,914, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,260 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 21, Cathay House, London was last sold on 09 Jun 2004 for £175,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 21, Cathay House, London within a radius of 400 metres over the last 2 years.
The most recent example is Flat 15, Cathay House, Cathay Street, London, SE16 4TS, a Leasehold flat which sold for £485,000 in Dec 2022.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cathay Street, London, SE16 has a total of 26 addresses. According to our analysis of all the public data, Flat 21, Cathay House, London is the 26th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £14k less expensive than the average property in SE16.
Flat 21, Cathay House, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 May 2013.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 21, Cathay House, London is Rotherhithe station which is 400 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 21, Cathay House, London, 33.3% of property is socially rented and 28.7% 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 21, Cathay House, London, 20.8% of residents are recorded as possessing school level qualifications and 54.8% 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 21, Cathay 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 21, Cathay House, London, 0.6% 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 21, Cathay House, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.