According to the public record, Flat 4, Latvia Court 11-15, London is a modern leasehold apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Latvia Court, Macleod Street, London, SE17.
Macleod Street, London, SE17 is located in the borough of Southwark within the SE17 postal district.
Flat 4, Latvia Court 11-15, London has a single entry in the Land Registry database from August 2012 and a single entry in the EPC database dated March 2021.
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 4 Latvia Court 11-15 London as £400,359 and the rental value as £2,340 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of Flat 4 Latvia Court 11-15 London has increased by £1,214 (0.3%) and its rental value has increased by £101 per month (4.3%).
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 4, Latvia Court 11-15, London is in very good condition we estimate a sale value of £420,377 and rental value of £2,457 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £372,334 and a rental value of £2,177 per month.
If you were able to purchase this property for the estimated value of £400,359, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,968 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 4, Latvia Court 11-15, London was last sold on 01 Aug 2012 for £248,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2012, the market for similar properties has risen 55.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Latvia Court 11-15, London within a radius of 290 metres over the last 2 years.
The most recent example is Flat 6, Latvia Court 11-15, Macleod Street, London, SE17 3HB, a Leasehold flat which sold for £405,000 in Oct 2022.
Read more about house prices in SE17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Macleod Street, London, SE17 has a total of 32 addresses. According to our analysis of all the public data, Flat 4, Latvia Court 11-15, London is the 11th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £29k less expensive than the average property in SE17.
Flat 4, Latvia Court 11-15, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Mar 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric ceiling heating, electric.
The closest station to Flat 4, Latvia Court 11-15, London is Kennington 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 4, Latvia Court 11-15, London, 38.3% of property is privately rented and 28.0% is privately owned with a mortgage.
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 4, Latvia Court 11-15, London, 14.2% of residents are recorded as possessing school level qualifications and 70.9% 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 4, Latvia Court 11-15, London, the average age was 36.4 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 4, Latvia Court 11-15, 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 4, Latvia Court 11-15, 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.