According to the public record, Flat 6, Lion Apartments 264, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 566 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Lion Apartments, Rotherhithe New Road, London, SE16.
Rotherhithe New Road, London, SE16 is located in the borough of Southwark within the SE16 postal district.
Flat 6, Lion Apartments 264, London has 2 entries in the Land Registry database, most recently in February 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 Lion Apartments 264 London as £391,383 and the rental value as £2,262 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of Flat 6 Lion Apartments 264 London has increased by £4,355 (1.1%) and its rental value has increased by £109 per month (4.8%).
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 6, Lion Apartments 264, London is in very good condition we estimate a sale value of £410,952 and rental value of £2,375 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £363,986 and a rental value of £2,104 per month.
If you were able to purchase this property for the estimated value of £391,383, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,924 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, Lion Apartments 264, London was last sold on 12 Feb 2016 for £330,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2016, the market for similar properties has dropped 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, Lion Apartments 264, London within a radius of 350 metres over the last 2 years.
The most recent example is Flat 7, Lion Apartments 264, Rotherhithe New Road, London, SE16 3FB, a Leasehold flat which sold for £300,000 in Dec 2014.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rotherhithe New Road, London, SE16 has a total of 813 addresses. According to our analysis of all the public data, Flat 6, Lion Apartments 264, London is the 536th largest and the 194th most expensive property on the street.
When compared to the postcode district it is £82k less expensive than the average property in SE16.
The closest station to Flat 6, Lion Apartments 264, London is South Bermondsey station which is 200 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 6, Lion Apartments 264, London, 68.1% of property is socially rented and 20.1% 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 6, Lion Apartments 264, London, 33.8% of residents are recorded as possessing school level qualifications and 41.1% 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, Lion Apartments 264, London, the average age was 34.9 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 6, Lion Apartments 264, 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 6, Lion Apartments 264, 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.