According to the public record, Flat 23, Alpha House 31, London is a modern leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Alpha House, Borland Road, London, SE15.
Borland Road, London, SE15 is located in the borough of Southwark within the SE15 postal district.
Flat 23, Alpha House 31, London has 31 entries in the Land Registry database, most recently in September 2022 and a single entry in the EPC database dated August 2015.
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 23 Alpha House 31 London as £330,753 and the rental value as £1,792 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 23 Alpha House 31 London has increased by £5,273 (1.6%) and its rental value has increased by £81 per month (4.5%).
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 23, Alpha House 31, London is in very good condition we estimate a sale value of £347,291 and rental value of £1,881 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £307,601 and a rental value of £1,666 per month.
If you were able to purchase this property for the estimated value of £330,753, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,626 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 23, Alpha House 31, London was last sold on 15 Sep 2022 for £320,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Sep 2022, the market for similar properties has risen 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 23, Alpha House 31, London within a radius of 470 metres over the last 2 years.
The most recent example is Flat 48, 33, Borland Road, London, SE15 3BL, a Leasehold flat which sold for £310,000 in Apr 2024.
Read more about house prices in SE15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Borland Road, London, SE15 has a total of 117 addresses. According to our analysis of all the public data, Flat 23, Alpha House 31, London is the 95th largest and the 94th most expensive property on the street.
When compared to the postcode district it is £191k less expensive than the average property in SE15.
Flat 23, Alpha House 31, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Aug 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 23, Alpha House 31, London is Nunhead station which is 900 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 23, Alpha House 31, London, 43.9% of property is privately owned with a mortgage and 24.0% 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 23, Alpha House 31, London, 18.9% of residents are recorded as possessing school level qualifications and 74.3% 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 23, Alpha House 31, London, the average age was 35.4 and the most common age was 32.
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 23, Alpha House 31, London, 0.0% 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 23, Alpha House 31, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.