According to the public record, Flat 51, Witcombe Point, London is a mid-century leasehold apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Witcombe Point, Yarnfield Square, London, SE15.
Yarnfield Square, London, SE15 is located in the borough of Southwark within the SE15 postal district.
Flat 51, Witcombe Point, London has a single entry in the Land Registry database from August 2009 and a single entry in the EPC database dated November 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 51 Witcombe Point London as £222,814 and the rental value as £1,204 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 51 Witcombe Point London has increased by £4,581 (2.1%) and its rental value has increased by £61 per month (5.1%).
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 51, Witcombe Point, London is in very good condition we estimate a sale value of £233,955 and rental value of £1,264 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £207,217 and a rental value of £1,120 per month.
If you were able to purchase this property for the estimated value of £222,814, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,095 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 51, Witcombe Point, London was last sold on 21 Aug 2009 for £110,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2009, the market for similar properties has risen 112.3%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 51, Witcombe Point, London within a radius of 280 metres over the last 2 years.
The most recent example is Flat 6, Hardcastle House, Marmont Road, London, SE15 5TA, a Leasehold flat which sold for £220,000 in Nov 2022.
Read more about house prices in SE15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Yarnfield Square, London, SE15 has a total of 122 addresses. According to our analysis of all the public data, Flat 51, Witcombe Point, London is the 107th largest and the 107th most expensive property on the street.
When compared to the postcode district it is £299k less expensive than the average property in SE15.
Flat 51, Witcombe Point, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Nov 2018.
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 51, Witcombe Point, London is Peckham Rye station which is 500 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 51, Witcombe Point, London, 79.3% of property is socially rented and 14.5% 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 51, Witcombe Point, London, 32.0% of residents are recorded as possessing school level qualifications and 32.7% 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 51, Witcombe Point, London, the average age was 35 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 51, Witcombe Point, 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 51, Witcombe Point, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.