According to the public record, Flat 3, 12A, Southey Street, London is a modern leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 12A, Southey Street, London, SE20.
Southey Street, London, SE20 is located in the borough of Bromley within the SE20 postal district.
Flat 3, 12A, Southey Street, London has 2 entries in the Land Registry database, most recently in June 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 3 12A Southey Street London as £351,443 and the rental value as £1,585 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of Flat 3 12A Southey Street London has increased by £4,865 (1.4%) and its rental value has increased by £68 per month (4.3%).
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, 12A, Southey Street, London is in very good condition we estimate a sale value of £369,015 and rental value of £1,665 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £326,842 and a rental value of £1,474 per month.
If you were able to purchase this property for the estimated value of £351,443, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,727 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 3, 12A, Southey Street, London was last sold on 02 Jun 2023 for £350,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2023, the market for similar properties has risen 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 12A, Southey Street, London within a radius of 350 metres over the last 2 years.
The most recent example is Flat 2, 12A, Southey Street, London, SE20 7JD, a Leasehold flat which sold for £368,000 in Jun 2023.
Read more about house prices in SE20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Southey Street, London, SE20 has a total of 31 addresses. According to our analysis of all the public data, Flat 3, 12A, Southey Street, London is the 26th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £56k less expensive than the average property in SE20.
Flat 3, 12A, Southey Street, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Jan 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 3, 12A, Southey Street, London is Penge East 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 3, 12A, Southey Street, London, 34.9% of property is privately owned with a mortgage and 21.9% is privately owned outright.
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, 12A, Southey Street, London, 15.1% of residents are recorded as possessing school level qualifications and 45.6% 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 3, 12A, Southey Street, London, the average age was 39 and the most common age was 37.
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, 12A, Southey Street, London, 1.3% 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, 12A, Southey Street, 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.