According to the public record, Flat 41, Draper House 20, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 431 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Draper House, Elephant & Castle, London, SE1.
Elephant & Castle, London, SE1 is located in the borough of Southwark within the SE1 postal district.
Flat 41, Draper House 20, London has 2 entries in the Land Registry database, most recently in February 2012 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 41 Draper House 20 London as £266,871 and the rental value as £1,408 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 41 Draper House 20 London has increased by £2,726 (1.0%) and its rental value has increased by £69 per month (4.9%).
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 41, Draper House 20, London is in very good condition we estimate a sale value of £280,215 and rental value of £1,478 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £248,190 and a rental value of £1,309 per month.
If you were able to purchase this property for the estimated value of £266,871, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,312 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 41, Draper House 20, London was last sold on 27 Feb 2012 for £155,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2012, the market for similar properties has risen 74.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 41, Draper House 20, London within a radius of 200 metres over the last 2 years.
The most recent example is Flat 111, Draper House 20, Elephant & Castle, London, SE1 6SY, a Leasehold flat which sold for £295,000 in Sep 2016.
Read more about house prices in SE1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elephant & Castle, London, SE1 has a total of 144 addresses. According to our analysis of all the public data, Flat 41, Draper House 20, London is the 136th largest and the 140th most expensive property on the street.
When compared to the postcode district it is £381k less expensive than the average property in SE1.
The closest station to Flat 41, Draper House 20, London is Elephant & Castle 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 41, Draper House 20, London, 74.3% of property is socially rented and 15.6% 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 41, Draper House 20, London, 22.0% of residents are recorded as possessing school level qualifications and 44.6% 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 41, Draper House 20, London, the average age was 35.2 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 41, Draper House 20, 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 41, Draper House 20, London, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.