According to the public record, Flat 49, Michael Faraday House, London is a mid-century leasehold apartment with 850 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Michael Faraday House, Beaconsfield Road, London, SE17.
Beaconsfield Road, London, SE17 is located in the borough of Southwark within the SE17 postal district.
Flat 49, Michael Faraday House, London has 21 entries in the Land Registry database, most recently in June 2006 and a single entry in the EPC database dated October 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 Michael Faraday House London as £304,864 and the rental value as £1,795 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of Flat 49 Michael Faraday House London has decreased by £1,612 (0.5%) and its rental value has increased by £59 per month (3.3%).
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 49, Michael Faraday House, London is in very good condition we estimate a sale value of £320,107 and rental value of £1,885 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £283,523 and a rental value of £1,670 per month.
If you were able to purchase this property for the estimated value of £304,864, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,498 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, Michael Faraday House, London was last sold on 09 Jun 2006 for £195,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 49, Michael Faraday House, London within a radius of 250 metres over the last 2 years.
The most recent example is Flat 69, Michael Faraday House, Beaconsfield Road, London, SE17 2TT, a Leasehold flat which sold for £274,950 in Feb 2015.
Read more about house prices in SE17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Beaconsfield Road, London, SE17 has a total of 247 addresses. According to our analysis of all the public data, Flat 49, Michael Faraday House, London is the 148th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £124k less expensive than the average property in SE17.
Flat 49, Michael Faraday House, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Oct 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 49, Michael Faraday House, London is Elephant & Castle station which is 1.3 kilometres 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, Michael Faraday House, London, 76.9% of property is socially rented and 15.7% 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 49, Michael Faraday House, London, 35.6% of residents are recorded as possessing school level qualifications and 33.0% 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, Michael Faraday House, 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, Michael Faraday House, 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 49, Michael Faraday House, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.