According to the public record, Flat 36, Artesian House 98, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 460 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Artesian House, Alscot Road, London, SE1.
Alscot Road, London, SE1 is located in the borough of Southwark within the SE1 postal district.
Flat 36, Artesian House 98, London has 2 entries in the Land Registry database, most recently in September 2015 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 36 Artesian House 98 London as £384,315 and the rental value as £2,027 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 36 Artesian House 98 London has decreased by £921 (0.2%) and its rental value has increased by £63 per month (3.1%).
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 36, Artesian House 98, London is in very good condition we estimate a sale value of £403,531 and rental value of £2,128 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £357,413 and a rental value of £1,885 per month.
If you were able to purchase this property for the estimated value of £384,315, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,889 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 36, Artesian House 98, London was last sold on 29 Sep 2015 for £255,600 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2015, the market for similar properties has dropped 2.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 36, Artesian House 98, London within a radius of 270 metres over the last 2 years.
The most recent example is Flat 13, Ockham Building 9, Arts Lane, London, SE16 3GB, a Leasehold flat which sold for £355,000 in Jun 2023.
Read more about house prices in SE1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alscot Road, London, SE1 has a total of 189 addresses. According to our analysis of all the public data, Flat 36, Artesian House 98, London is the 119th largest and the 66th most expensive property on the street.
When compared to the postcode district it is £264k less expensive than the average property in SE1.
The closest station to Flat 36, Artesian House 98, London is 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 36, Artesian House 98, London, 36.6% of property is socially rented and 31.7% is privately 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 36, Artesian House 98, London, 9.3% of residents are recorded as possessing school level qualifications and 69.8% 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 36, Artesian House 98, London, the average age was 34.7 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 36, Artesian House 98, London, 0.3% 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 36, Artesian House 98, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.