According to the public record, Flat 36, Avondale House, London is a period leasehold apartment with 344 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Avondale House, Avondale Square, London, SE1.
Avondale Square, London, SE1 is located in the borough of Southwark within the SE1 postal district.
Flat 36, Avondale House, London has 2 entries in the Land Registry database, most recently in November 2016 and a single entry in the EPC database dated February 2016.
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 36 Avondale House London as £253,000 and the rental value as £1,334 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 36 Avondale House London has increased by £2,211 (0.9%) and its rental value has increased by £54 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 36, Avondale House, London is in very good condition we estimate a sale value of £265,650 and rental value of £1,401 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £235,290 and a rental value of £1,241 per month.
If you were able to purchase this property for the estimated value of £253,000, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,243 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, Avondale House, London was last sold on 07 Nov 2016 for £260,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2016, the market for similar properties has dropped 4.0%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 36, Avondale House, London within a radius of 290 metres over the last 2 years.
The most recent example is Flat 7, 549, Old Kent Road, London, SE1 5EW, a Leasehold flat which sold for £238,000 in Jun 2019.
Read more about house prices in SE1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Avondale Square, London, SE1 has a total of 457 addresses. According to our analysis of all the public data, Flat 36, Avondale House, London is the 456th largest and the 170th most expensive property on the street.
When compared to the postcode district it is £395k less expensive than the average property in SE1.
Flat 36, Avondale House, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Feb 2016.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 36, Avondale House, London is South Bermondsey station which is 1.1 kilometres 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, Avondale House, London, 79.9% of property is socially rented and 13.9% 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, Avondale House, London, 29.9% of residents are recorded as possessing school level qualifications and 31.3% 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, Avondale House, 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 36, Avondale 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 36, Avondale House, 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.