According to the public record, Flat 356, The Circle, London is a modern leasehold apartment with 1,603 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in The Circle, Queen Elizabeth Street, London, SE1.
Queen Elizabeth Street, London, SE1 is located in the borough of Southwark within the SE1 postal district.
Flat 356, The Circle, London has 2 entries in the Land Registry database, most recently in September 2021 and a single entry in the EPC database dated October 2020.
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 356 The Circle London as £1,141,374 and the rental value as £4,756 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Flat 356 The Circle London has decreased by £20,156 (1.8%) and its rental value has increased by £74 per month (1.6%).
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 356, The Circle, London is in very good condition we estimate a sale value of £1,198,443 and rental value of £4,994 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,061,478 and a rental value of £4,423 per month.
If you were able to purchase this property for the estimated value of £1,141,374, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,610 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 356, The Circle, London was last sold on 13 Sep 2021 for £1,412,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2021, the market for similar properties has dropped 5.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 356, The Circle, London within a radius of 180 metres over the last 2 years.
The most recent example is Flat 54, Java Wharf 16, Shad Thames, London, SE1 2YH, a Leasehold flat which sold for £1,675,000 in Feb 2023.
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 2 lets within a 180 metres radius of Flat 356, The Circle, London over the last 2 years.
Most recently Flat 506, Ginger Apartments 1, Cayenne Court, London, SE1 2PA, a Leasehold flat let by Saint Andrews Bureau in Jun 2023.
Queen Elizabeth Street, London, SE1 has a total of 358 addresses. According to our analysis of all the public data, Flat 356, The Circle, London is the 11th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £493k more expensive than the average property in SE1.
Flat 356, The Circle, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Oct 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using elecric underfloor heating.
The closest station to Flat 356, The Circle, London is Bermondsey station which is 800 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 356, The Circle, London, 68.1% of property is privately rented and 14.3% 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 356, The Circle, London, 3.0% of residents are recorded as possessing school level qualifications and 82.0% 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 356, The Circle, London, the average age was 34.4 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 356, The Circle, London, 1.7% 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 356, The Circle, 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.