According to the public record, Flat 3, 123-124 , Lower Marsh, London is a modern apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 123, Lower Marsh, London, SE1.
Lower Marsh, London, SE1 is located in the borough of Lambeth within the SE1 postal district.
Flat 3, 123-124 , Lower Marsh, London has no records in the Land Registry database and a single entry in the EPC database dated July 2020.
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 3 123-124 Lower Marsh London as £667,372 and the rental value as £3,072 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of Flat 3 123-124 Lower Marsh London has increased by £8,246 (1.2%) and its rental value has increased by £158 per month (5.1%).
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 3, 123-124 , Lower Marsh, London is in very good condition we estimate a sale value of £700,741 and rental value of £3,225 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £620,656 and a rental value of £2,857 per month.
If you were able to purchase this property for the estimated value of £667,372, 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 123-124 , Lower Marsh, London within a radius of 310 metres over the last 2 years.
The most recent example is Flat 13, Palmerston House 126, Westminster Bridge Road, London, SE1 7UW, a Leasehold flat which sold for £675,000 in Sep 2022.
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 3 lets of properties similar to Flat 3, 123-124 , Lower Marsh, London within a radius of 310 metres over the last 2 years.
Most recently Flat 82, South Block 1B, Belvedere Road, London, SE1 7GD, a Leasehold flat let by Saint Andrews Bureau in Feb 2023.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lower Marsh, London, SE1 has a total of 89 addresses. According to our analysis of all the public data, Flat 3, 123-124 , Lower Marsh, London is the 31st largest and the 30th most expensive property on the street.
When compared to the postcode district it is £19k more expensive than the average property in SE1.
Flat 3, 123-124 , Lower Marsh, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Jul 2020.
The property is connected to mains gas and has full secondary glazing. It is heated using a boiler and radiators.
The closest station to Flat 3, 123-124 , Lower Marsh, London is Lambeth North station which is 200 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 3, 123-124 , Lower Marsh, London, 58.6% of property is socially rented and 21.8% 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 3, 123-124 , Lower Marsh, London, 34.7% of residents are recorded as possessing school level qualifications and 39.0% 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 3, 123-124 , Lower Marsh, London, the average age was 35.7 and the most common age was 22.
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 3, 123-124 , Lower Marsh, 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 3, 123-124 , Lower Marsh, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.