According to the public record, Flat 5, Alliance Court 260, London is a modern leasehold apartment with 807 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Alliance Court, Sumner Road, London, SE15.
Sumner Road, London, SE15 is located in the borough of Southwark within the SE15 postal district.
Flat 5, Alliance Court 260, London has 3 entries in the Land Registry database, most recently in February 2024 and a single entry in the EPC database dated October 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 Alliance Court 260 London as £536,205 and the rental value as £2,363 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of Flat 5 Alliance Court 260 London has increased by £6,200 (1.2%) and its rental value has increased by £90 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 5, Alliance Court 260, London is in very good condition we estimate a sale value of £563,015 and rental value of £2,482 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £498,671 and a rental value of £2,198 per month.
If you were able to purchase this property for the estimated value of £536,205, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,635 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, Alliance Court 260, London was last sold on 13 Feb 2024 for £516,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Feb 2024, the market for similar properties has risen 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Alliance Court 260, London within a radius of 340 metres over the last 2 years.
The most recent example is 47, Kelly Avenue, London, SE15 5LB, a Leasehold flat which sold for £437,500 in Jan 2023.
Read more about house prices in SE15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sumner Road, London, SE15 has a total of 440 addresses. According to our analysis of all the public data, Flat 5, Alliance Court 260, London is the 117th largest and the 74th most expensive property on the street.
When compared to the postcode district it is £14k more expensive than the average property in SE15.
Flat 5, Alliance Court 260, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Oct 2023.
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 5, Alliance Court 260, London is Peckham Rye station which is 600 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 5, Alliance Court 260, London, 48.0% of property is socially rented and 23.6% 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 5, Alliance Court 260, London, 17.5% of residents are recorded as possessing school level qualifications and 53.7% 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, Alliance Court 260, London, the average age was 34.8 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, Alliance Court 260, London, 0.2% 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, Alliance Court 260, 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.