According to the public record, Flat 5, Rignold House, London is a mid-century leasehold apartment with 1,054 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Rignold House, Mcneil Road, London, SE5.
Mcneil Road, London, SE5 is located in the borough of Southwark within the SE5 postal district.
Flat 5, Rignold House, London has 2 entries in the Land Registry database, most recently in August 2018 and a single entry in the EPC database dated May 2018.
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 Rignold House London as £453,534 and the rental value as £2,524 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Flat 5 Rignold House London has increased by £5,139 (1.1%) and its rental value has increased by £77 per month (3.0%).
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, Rignold House, London is in very good condition we estimate a sale value of £476,211 and rental value of £2,650 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £421,787 and a rental value of £2,347 per month.
If you were able to purchase this property for the estimated value of £453,534, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,229 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, Rignold House, London was last sold on 17 Aug 2018 for £425,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2018, the market for similar properties has risen 3.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Rignold House, London within a radius of 350 metres over the last 2 years.
The most recent example is 31A, Vestry Road, London, SE5 8PG, a Leasehold flat which sold for £435,000 in Feb 2023.
Read more about house prices in SE5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 350 metres radius of Flat 5, Rignold House, London over the last 2 years.
Most recently Flat 3, Springfield House, Lettsom Street, London, SE5 8JY, a Leasehold flat let by Your Home Managed in May 2024.
Mcneil Road, London, SE5 has a total of 197 addresses. According to our analysis of all the public data, Flat 5, Rignold House, London is the 38th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £63k less expensive than the average property in SE5.
Flat 5, Rignold House, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 May 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 5, Rignold House, London is Denmark Hill 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, Rignold House, London, 65.1% of property is socially rented and 17.8% 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, Rignold House, London, 20.0% of residents are recorded as possessing school level qualifications and 49.7% 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, Rignold House, London, the average age was 36.7 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, Rignold House, London, 0.8% 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, Rignold House, 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.