According to the public record, Flat 304, Siddal Apartments 6, 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 Siddal Apartments, Heygate Street, London, SE17.
Heygate Street, London, SE17 is located in the borough of Southwark within the SE17 postal district.
Flat 304, Siddal Apartments 6, London has a single entry in the Land Registry database from July 2023 and a single entry in the EPC database dated January 2017.
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 304 Siddal Apartments 6 London as £420,826 and the rental value as £2,283 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 304 Siddal Apartments 6 London has decreased by £220 (0.1%) and its rental value has increased by £92 per month (4.0%).
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 304, Siddal Apartments 6, London is in very good condition we estimate a sale value of £441,868 and rental value of £2,397 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £391,368 and a rental value of £2,123 per month.
If you were able to purchase this property for the estimated value of £420,826, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,068 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 304, Siddal Apartments 6, London was last sold on 02 Jul 2023 for £520,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2023, the market for similar properties has risen 0.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 304, Siddal Apartments 6, London within a radius of 220 metres over the last 2 years.
The most recent example is Flat 202, Drake Apartments 26, Heygate Street, London, SE17 1FP, a Leasehold flat which sold for £528,000 in Oct 2021.
Read more about house prices in SE17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Heygate Street, London, SE17 has a total of 284 addresses. According to our analysis of all the public data, Flat 304, Siddal Apartments 6, London is the 262nd largest and the 166th most expensive property on the street.
When compared to the postcode district it is £8k less expensive than the average property in SE17.
Flat 304, Siddal Apartments 6, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Jan 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Flat 304, Siddal Apartments 6, London is Elephant & Castle 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 304, Siddal Apartments 6, London, 40.9% of property is privately rented and 37.9% 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 304, Siddal Apartments 6, London, 23.0% of residents are recorded as possessing school level qualifications and 77.5% 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 304, Siddal Apartments 6, London, the average age was 35 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 304, Siddal Apartments 6, London, 0.7% 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 304, Siddal Apartments 6, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.