According to the public record, Flat 3, 668, Old Kent Road, London is a period leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 668, Old Kent Road, London, SE15.
Old Kent Road, London, SE15 is located in the borough of Southwark within the SE15 postal district.
Flat 3, 668, Old Kent Road, London has a single entry in the Land Registry database from January 2023 and a single entry in the EPC database dated May 2018.
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 3 668 Old Kent Road London as £329,182 and the rental value as £1,702 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 3 668 Old Kent Road London has increased by £7,483 (2.3%) and its rental value has increased by £95 per month (5.6%).
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, 668, Old Kent Road, London is in very good condition we estimate a sale value of £345,641 and rental value of £1,787 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £306,139 and a rental value of £1,583 per month.
If you were able to purchase this property for the estimated value of £329,182, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,618 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, 668, Old Kent Road, London was last sold on 27 Jan 2023 for £325,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2023, the market for similar properties has risen 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 668, Old Kent Road, London within a radius of 420 metres over the last 2 years.
The most recent example is Flat 17, Northfield House, Peckham Park Road, London, SE15 6TL, a Leasehold flat which sold for £340,000 in Feb 2024.
Read more about house prices in SE15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Kent Road, London, SE15 has a total of 327 addresses. According to our analysis of all the public data, Flat 3, 668, Old Kent Road, London is the 227th largest and the 147th most expensive property on the street.
When compared to the postcode district it is £193k less expensive than the average property in SE15.
Flat 3, 668, Old Kent Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 May 2018.
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, 668, Old Kent Road, London is South Bermondsey 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 3, 668, Old Kent Road, London, 38.4% of property is privately rented and 27.8% is socially 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, 668, Old Kent Road, London, 23.2% of residents are recorded as possessing school level qualifications and 45.8% 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 3, 668, Old Kent Road, London, the average age was 34.8 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 3, 668, Old Kent Road, 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, 668, Old Kent Road, 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.