According to the public record, Flat 6, Beacon House, London is a mid-century leasehold apartment with 855 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Beacon House, Southampton Way, London, SE5.
Southampton Way, London, SE5 is located in the borough of Southwark within the SE5 postal district.
Flat 6, Beacon House, London has 2 entries in the Land Registry database, most recently in December 2021 and a single entry in the EPC database dated February 2012.
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 6 Beacon House London as £364,120 and the rental value as £2,092 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of Flat 6 Beacon House London has increased by £8,422 (2.3%) and its rental value has increased by £89 per month (4.3%).
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 6, Beacon House, London is in very good condition we estimate a sale value of £382,326 and rental value of £2,196 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £338,632 and a rental value of £1,945 per month.
If you were able to purchase this property for the estimated value of £364,120, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,790 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 6, Beacon House, London was last sold on 10 Dec 2021 for £368,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2021, the market for similar properties has risen 3.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, Beacon House, London within a radius of 280 metres over the last 2 years.
The most recent example is 26, Coleby Path, London, SE5 7SN, a Leasehold flat which sold for £305,000 in Oct 2023.
Read more about house prices in SE5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Southampton Way, London, SE5 has a total of 390 addresses. According to our analysis of all the public data, Flat 6, Beacon House, London is the 99th largest and the 271st most expensive property on the street.
When compared to the postcode district it is £152k less expensive than the average property in SE5.
Flat 6, Beacon House, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Feb 2012.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 6, Beacon House, London is Denmark Hill station which is 1.1 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 6, Beacon House, London, 43.1% of property is socially rented and 24.5% 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 6, Beacon House, London, 15.9% of residents are recorded as possessing school level qualifications and 60.7% 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 6, Beacon House, London, the average age was 35.5 and the most common age was 32.
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 6, Beacon House, 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 6, Beacon House, 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.