According to the public record, Flat 35, Merchants House, London is a modern leasehold apartment with 1,367 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Merchants House, Collington Street, London, SE10.
Collington Street, London, SE10 is located in the borough of Greenwich within the SE10 postal district.
Flat 35, Merchants House, London has 21 entries in the Land Registry database, most recently in August 2023 and a single entry in the EPC database dated June 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 35 Merchants House London as £812,831 and the rental value as £3,420 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Flat 35 Merchants House London has decreased by £11,217 (1.4%) and its rental value has increased by £191 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 35, Merchants House, London is in very good condition we estimate a sale value of £853,473 and rental value of £3,591 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £755,933 and a rental value of £3,180 per month.
If you were able to purchase this property for the estimated value of £812,831, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,995 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 35, Merchants House, London was last sold on 25 Aug 2023 for £1,143,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2023, the market for similar properties has dropped 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 35, Merchants House, London within a radius of 390 metres over the last 2 years.
The most recent example is Flat 180, 67, River Gardens Walk, London, SE10 0UA, a Leasehold flat which sold for £1,095,000 in Nov 2023.
Read more about house prices in SE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Collington Street, London, SE10 has a total of 75 addresses. According to our analysis of all the public data, Flat 35, Merchants House, London is the 2nd largest and the most expensive property on the street.
When compared to the postcode district it is £250k more expensive than the average property in SE10.
Flat 35, Merchants House, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jun 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 35, Merchants House, London is Maze Hill 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 35, Merchants House, London, 40.0% of property is privately rented and 32.4% 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 35, Merchants House, London, 21.2% of residents are recorded as possessing school level qualifications and 58.4% 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 35, Merchants House, London, the average age was 31.6 and the most common age was 32.
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 35, Merchants House, 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 35, Merchants House, 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.