According to the public record, Flat 6, United House, London is a modern leasehold apartment with 1,044 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in United House, Mayflower Street, London, SE16.
Mayflower Street, London, SE16 is located in the borough of Southwark within the SE16 postal district.
Flat 6, United House, London has 51 entries in the Land Registry database, most recently in February 2024 and a single entry in the EPC database dated February 2021.
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 United House London as £724,142 and the rental value as £3,322 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of Flat 6 United House London has increased by £14,372 (2.0%) and its rental value has increased by £193 per month (5.8%).
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, United House, London is in very good condition we estimate a sale value of £760,349 and rental value of £3,488 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £673,452 and a rental value of £3,090 per month.
If you were able to purchase this property for the estimated value of £724,142, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,559 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, United House, London was last sold on 16 Feb 2024 for £800,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Feb 2024, the market for similar properties has risen 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, United House, London within a radius of 370 metres over the last 2 years.
The most recent example is Flat 9, Pilgrim House 16, Mayflower Street, London, SE16 4JR, a Leasehold flat which sold for £784,000 in May 2024.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mayflower Street, London, SE16 has a total of 37 addresses. According to our analysis of all the public data, Flat 6, United House, London is the 10th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £251k more expensive than the average property in SE16.
Flat 6, United House, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Feb 2021.
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 6, United House, London is Rotherhithe 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, United House, London, 58.8% of property is socially rented and 27.7% 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, United House, London, 13.7% of residents are recorded as possessing school level qualifications and 52.6% 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, United House, London, the average age was 34.1 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, United House, London, 2.7% 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, United 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.