According to the public record, Flat 37, Elkington Point, London is a mid-century leasehold apartment with 775 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Elkington Point, Lollard Street, London, SE11.
Lollard Street, London, SE11 is located in the borough of Lambeth within the SE11 postal district.
Flat 37, Elkington Point, London has a single entry in the Land Registry database from January 2023 and a single entry in the EPC database dated July 2019.
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 37 Elkington Point London as £305,441 and the rental value as £1,584 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 37 Elkington Point London has increased by £7,110 (2.3%) and its rental value has increased by £89 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 37, Elkington Point, London is in very good condition we estimate a sale value of £320,713 and rental value of £1,663 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £284,060 and a rental value of £1,473 per month.
If you were able to purchase this property for the estimated value of £305,441, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,501 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 37, Elkington Point, London was last sold on 16 Jan 2023 for £280,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2023, the market for similar properties has risen 4.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 37, Elkington Point, London within a radius of 270 metres over the last 2 years.
The most recent example is Flat 95, Ward Point, Hotspur Street, London, SE11 6UE, a Leasehold flat which sold for £210,000 in Dec 2021.
Read more about house prices in SE11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lollard Street, London, SE11 has a total of 265 addresses. According to our analysis of all the public data, Flat 37, Elkington Point, London is the 40th largest and the 150th most expensive property on the street.
When compared to the postcode district it is £248k less expensive than the average property in SE11.
Flat 37, Elkington Point, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Jul 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 37, Elkington Point, London is Kennington station which is 600 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 37, Elkington Point, London, 85.1% of property is socially rented and 6.0% 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 37, Elkington Point, London, 20.3% of residents are recorded as possessing school level qualifications and 29.5% 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 37, Elkington Point, London, the average age was 37.1 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 37, Elkington Point, 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 37, Elkington Point, 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.