According to the public record, Flat 47, Penny Black Court 2D, London is a modern leasehold apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Penny Black Court, Carlton Grove, London, SE15.
Carlton Grove, London, SE15 is located in the borough of Southwark within the SE15 postal district.
Flat 47, Penny Black Court 2D, London has 2 entries in the Land Registry database, most recently in January 2023 and a single entry in the EPC database dated February 2022.
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 47 Penny Black Court 2D London as £402,770 and the rental value as £1,964 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 47 Penny Black Court 2D London has increased by £3,055 (0.8%) and its rental value has increased by £76 per month (3.8%).
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 47, Penny Black Court 2D, London is in very good condition we estimate a sale value of £422,908 and rental value of £2,062 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £374,576 and a rental value of £1,827 per month.
If you were able to purchase this property for the estimated value of £402,770, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,979 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 47, Penny Black Court 2D, London was last sold on 31 Jan 2023 for £400,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2023, the market for similar properties has risen 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 47, Penny Black Court 2D, London within a radius of 260 metres over the last 2 years.
The most recent example is Flat 45, Beasley House, Eaton Walk, London, SE15 2FD, a Leasehold flat which sold for £96,250 in Apr 2024.
Read more about house prices in SE15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Carlton Grove, London, SE15 has a total of 321 addresses. According to our analysis of all the public data, Flat 47, Penny Black Court 2D, London is the 218th largest and the 151st most expensive property on the street.
When compared to the postcode district it is £119k less expensive than the average property in SE15.
Flat 47, Penny Black Court 2D, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Feb 2022.
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 47, Penny Black Court 2D, London is Queens Road (Peckham) station which is 200 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 47, Penny Black Court 2D, London, 58.7% of property is socially rented and 18.9% 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 47, Penny Black Court 2D, London, 24.3% of residents are recorded as possessing school level qualifications and 52.8% 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 47, Penny Black Court 2D, 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 47, Penny Black Court 2D, London, 0.9% 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 47, Penny Black Court 2D, 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.