According to the public record, Flat 6, Richmond House, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 603 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Richmond House, East Street, London, SE17.
East Street, London, SE17 is located in the borough of Southwark within the SE17 postal district.
Flat 6, Richmond House, London has a single entry in the Land Registry database from August 2007 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 Richmond House London as £297,612 and the rental value as £1,823 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of Flat 6 Richmond House London has decreased by £2,018 (0.7%) and its rental value has increased by £62 per month (3.4%).
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, Richmond House, London is in very good condition we estimate a sale value of £312,493 and rental value of £1,914 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £276,780 and a rental value of £1,695 per month.
If you were able to purchase this property for the estimated value of £297,612, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,463 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, Richmond House, London was last sold on 24 Aug 2007 for £148,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2007, the market for similar properties has risen 68.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, Richmond House, London within a radius of 270 metres over the last 2 years.
The most recent example is Flat 11, Marnock House, Brandon Street, London, SE17 1EF, a Leasehold flat which sold for £306,500 in Oct 2023.
Read more about house prices in SE17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
East Street, London, SE17 has a total of 493 addresses. According to our analysis of all the public data, Flat 6, Richmond House, London is the 319th largest and the 360th most expensive property on the street.
When compared to the postcode district it is £131k less expensive than the average property in SE17.
The closest station to Flat 6, Richmond House, London is Elephant & Castle station which is 800 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, Richmond House, London, 87.2% of property is socially rented and 5.3% 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, Richmond House, London, 29.6% of residents are recorded as possessing school level qualifications and 35.0% 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, Richmond House, London, the average age was 34.8 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, Richmond House, London, 0.7% 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, Richmond 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.