According to the public record, Flat 5, Derwent Court, London is a modern leasehold apartment with 871 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Derwent Court, Eleanor Close, London, SE16.
Eleanor Close, London, SE16 is located in the borough of Southwark within the SE16 postal district.
Flat 5, Derwent Court, London has 41 entries in the Land Registry database, most recently in March 2021 and a single entry in the EPC database dated October 2020.
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 Derwent Court London as £519,864 and the rental value as £2,806 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 5 Derwent Court London has increased by £13,849 (2.7%) and its rental value has increased by £183 per month (6.5%).
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 5, Derwent Court, London is in very good condition we estimate a sale value of £545,857 and rental value of £2,946 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £483,473 and a rental value of £2,610 per month.
If you were able to purchase this property for the estimated value of £519,864, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,555 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, Derwent Court, London was last sold on 29 Mar 2021 for £527,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Mar 2021, the market for similar properties has risen 3.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Derwent Court, London within a radius of 290 metres over the last 2 years.
The most recent example is Flat 9, Collette Court, Eleanor Close, London, SE16 6PW, a Leasehold flat which sold for £430,000 in Apr 2023.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Eleanor Close, London, SE16 has a total of 129 addresses. According to our analysis of all the public data, Flat 5, Derwent Court, London is the 53rd largest and the 66th most expensive property on the street.
When compared to the postcode district it is £46k more expensive than the average property in SE16.
Flat 5, Derwent Court, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Oct 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric ceiling heating.
The closest station to Flat 5, Derwent Court, London is Rotherhithe station which is 400 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, Derwent Court, London, 39.9% of property is privately rented and 24.6% is shared ownership.
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, Derwent Court, London, 11.8% of residents are recorded as possessing school level qualifications and 55.7% 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, Derwent Court, London, the average age was 35.9 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, Derwent Court, London, 1.9% 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 5, Derwent Court, 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.