According to the public record, Flat 29, Bentham House 7, London is a modern leasehold apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Bentham House, Falmouth Road, London, SE1.
Falmouth Road, London, SE1 is located in the borough of Southwark within the SE1 postal district.
Flat 29, Bentham House 7, London has 41 entries in the Land Registry database, most recently in September 2023 and a single entry in the EPC database dated January 2023.
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 29 Bentham House 7 London as £622,852 and the rental value as £2,821 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of Flat 29 Bentham House 7 London has decreased by £9,361 (1.5%) and its rental value has increased by £39 per month (1.4%).
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 29, Bentham House 7, London is in very good condition we estimate a sale value of £653,994 and rental value of £2,962 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £579,252 and a rental value of £2,624 per month.
If you were able to purchase this property for the estimated value of £622,852, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,061 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 29, Bentham House 7, London was last sold on 15 Sep 2023 for £660,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Sep 2023, the market for similar properties has dropped 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 29, Bentham House 7, London within a radius of 270 metres over the last 2 years.
The most recent example is Flat 10, Portland Court 54, Trinity Street, London, SE1 4JZ, a Leasehold flat which sold for £625,000 in Sep 2023.
Read more about house prices in SE1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 270 metres radius of Flat 29, Bentham House 7, London over the last 2 years.
Most recently Flat 89, Ratcliffe Court, Great Dover Street, London, SE1 4LD, a Leasehold flat let by Saint Andrews Bureau in Dec 2023.
Falmouth Road, London, SE1 has a total of 369 addresses. According to our analysis of all the public data, Flat 29, Bentham House 7, London is the 143rd largest and the 61st most expensive property on the street.
When compared to the postcode district it is £25k less expensive than the average property in SE1.
Flat 29, Bentham House 7, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Jan 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using an electric boiler and radiators.
The closest station to Flat 29, Bentham House 7, London is Borough station which is 500 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 29, Bentham House 7, London, 55.4% of property is privately rented and 24.1% 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 29, Bentham House 7, London, 11.7% of residents are recorded as possessing school level qualifications and 76.9% 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 29, Bentham House 7, London, the average age was 31.6 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 29, Bentham House 7, 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 29, Bentham House 7, 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.