According to the public record, Flat 4, Quastel House 32, London is a modern leasehold apartment with 1,001 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Quastel House, Long Lane, London, SE1.
Long Lane, London, SE1 is located in the borough of Southwark within the SE1 postal district.
Flat 4, Quastel House 32, London has 2 entries in the Land Registry database, most recently in June 2017 and a single entry in the EPC database dated September 2015.
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 Quastel House 32 London as £775,178 and the rental value as £3,442 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of Flat 4 Quastel House 32 London has decreased by £13,659 (1.8%) and its rental value has increased by £39 per month (1.1%).
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 4, Quastel House 32, London is in very good condition we estimate a sale value of £813,937 and rental value of £3,614 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £720,916 and a rental value of £3,201 per month.
If you were able to purchase this property for the estimated value of £775,178, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,810 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, Quastel House 32, London was last sold on 30 Jun 2017 for £660,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2017, the market for similar properties has dropped 10.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Quastel House 32, London within a radius of 250 metres over the last 2 years.
The most recent example is 603, Madison Apartments 5-27, Long Lane, London, SE1 4PF, a Leasehold flat which sold for £1,075,000 in Apr 2020.
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 1 let within a 250 metres radius of Flat 4, Quastel House 32, London over the last 2 years.
Most recently Flat 89, Ratcliffe Court, Great Dover Street, London, SE1 4LD, a Leasehold flat let by Saint Andrews Bureau in Dec 2023.
Long Lane, London, SE1 has a total of 671 addresses. According to our analysis of all the public data, Flat 4, Quastel House 32, London is the 71st largest and the 104th most expensive property on the street.
When compared to the postcode district it is £127k more expensive than the average property in SE1.
Flat 4, Quastel House 32, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Sep 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 4, Quastel House 32, London is Borough station which is 100 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, Quastel House 32, London, 35.9% of property is socially rented and 28.2% is shared ownership.
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, Quastel House 32, London, 22.5% of residents are recorded as possessing school level qualifications and 60.1% 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, Quastel House 32, 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 4, Quastel House 32, 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 4, Quastel House 32, 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.