According to the public record, Flat 5, 84, Abbey Street, London is a modern leasehold apartment with 387 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in 84, Abbey Street, London, SE1.
Abbey Street, London, SE1 is located in the borough of Southwark within the SE1 postal district.
Flat 5, 84, Abbey Street, London has 2 entries in the Land Registry database, most recently in February 2016 and a single entry in the EPC database dated September 2023.
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 5 84 Abbey Street London as £333,099 and the rental value as £1,757 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 5 84 Abbey Street London has decreased by £1,513 (0.5%) and its rental value has increased by £46 per month (2.6%).
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 5, 84, Abbey Street, London is in very good condition we estimate a sale value of £349,754 and rental value of £1,845 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £309,782 and a rental value of £1,634 per month.
If you were able to purchase this property for the estimated value of £333,099, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,637 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 5, 84, Abbey Street, London was last sold on 19 Feb 2016 for £400,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2016, the market for similar properties has dropped 8.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, 84, Abbey Street, London within a radius of 230 metres over the last 2 years.
The most recent example is Flat 427, 1, Haven Way, London, SE1 3FJ, a Leasehold flat which sold for £420,000 in Aug 2017.
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 of a property similar to Flat 5, 84, Abbey Street, London within a radius of 230 metres over the last 2 years.
Most recently Flat 1, 200, Grange Road, London, SE1 3AA, a Leasehold flat let by Your Home Managed in Jan 2024.
Abbey Street, London, SE1 has a total of 248 addresses. According to our analysis of all the public data, Flat 5, 84, Abbey Street, London is the 235th largest and the 182nd most expensive property on the street.
When compared to the postcode district it is £315k less expensive than the average property in SE1.
Flat 5, 84, Abbey Street, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Sep 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 5, 84, Abbey Street, London is London Bridge station which is 1.0 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 5, 84, Abbey Street, London, 63.4% of property is socially rented and 19.9% 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 5, 84, Abbey Street, London, 25.4% of residents are recorded as possessing school level qualifications and 43.8% 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 5, 84, Abbey Street, 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 5, 84, Abbey Street, 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 5, 84, Abbey Street, 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.