According to the public record, Flat 49, 239, Long Lane, London is a modern leasehold apartment with 1,356 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 239, Long Lane, London, SE1.
Long Lane, London, SE1 is located in the borough of Southwark within the SE1 postal district.
Flat 49, 239, Long Lane, London has 41 entries in the Land Registry database, most recently in July 2023 and a single entry in the EPC database dated July 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 49 239 Long Lane London as £1,080,310 and the rental value as £4,146 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of Flat 49 239 Long Lane London has decreased by £16,144 (1.5%) and its rental value has increased by £61 per month (1.5%).
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 49, 239, Long Lane, London is in very good condition we estimate a sale value of £1,134,325 and rental value of £4,354 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,004,688 and a rental value of £3,856 per month.
If you were able to purchase this property for the estimated value of £1,080,310, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,309 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 49, 239, Long Lane, London was last sold on 26 Jul 2023 for £986,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jul 2023, the market for similar properties has dropped 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 49, 239, Long Lane, London within a radius of 230 metres over the last 2 years.
The most recent example is Flat 1, 3, Market Yard Mews, London, SE1 3TJ, a Leasehold flat which sold for £1,225,000 in May 2022.
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 230 metres radius of Flat 49, 239, Long Lane, London over the last 2 years.
Most recently Flat 602, 153, Tower Bridge Road, London, SE1 3LW, a Leasehold flat let by Saint Andrews Bureau in Feb 2023.
Long Lane, London, SE1 has a total of 671 addresses. According to our analysis of all the public data, Flat 49, 239, Long Lane, London is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £432k more expensive than the average property in SE1.
Flat 49, 239, Long Lane, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Jul 2015.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to Flat 49, 239, Long Lane, London is London Bridge 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 49, 239, Long Lane, London, 58.2% of property is privately rented and 22.7% 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 49, 239, Long Lane, London, 11.4% of residents are recorded as possessing school level qualifications and 85.6% 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 49, 239, Long Lane, 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 49, 239, Long Lane, London, 1.4% 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 49, 239, Long Lane, 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.