According to the public record, Flat 603, Ginger Apartments 1, London is a modern leasehold apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Ginger Apartments, Cayenne Court, London, SE1.
Cayenne Court, London, SE1 is located in the borough of Southwark within the SE1 postal district.
Flat 603, Ginger Apartments 1, London has 51 entries in the Land Registry database, most recently in January 2024 and a single entry in the EPC database dated August 2023.
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 603 Ginger Apartments 1 London as £594,610 and the rental value as £2,326 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of Flat 603 Ginger Apartments 1 London has decreased by £7,290 (1.2%) and its rental value has increased by £63 per month (2.7%).
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 603, Ginger Apartments 1, London is in very good condition we estimate a sale value of £624,341 and rental value of £2,442 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £552,988 and a rental value of £2,163 per month.
If you were able to purchase this property for the estimated value of £594,610, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,922 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 603, Ginger Apartments 1, London was last sold on 22 Jan 2024 for £625,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Jan 2024, the market for similar properties has dropped 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 603, Ginger Apartments 1, London within a radius of 210 metres over the last 2 years.
The most recent example is Flat 303, Ginger Apartments 1, Cayenne Court, London, SE1 2PA, a Leasehold flat which sold for £507,500 in Aug 2023.
Read more about house prices in SE1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let of a property similar to Flat 603, Ginger Apartments 1, London within a radius of 210 metres over the last 2 years.
Most recently Flat 606, Caraway Apartments 2, Cayenne Court, London, SE1 2PP, a Leasehold flat let by Saint Andrews Bureau in Dec 2022.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cayenne Court, London, SE1 has a total of 172 addresses. According to our analysis of all the public data, Flat 603, Ginger Apartments 1, London is the 133rd largest and the 95th most expensive property on the street.
When compared to the postcode district it is £53k less expensive than the average property in SE1.
Flat 603, Ginger Apartments 1, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Aug 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using elecric underfloor heating.
The closest station to Flat 603, Ginger Apartments 1, London is London Bridge 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 603, Ginger Apartments 1, London, 81.7% of property is privately rented and 12.5% 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 603, Ginger Apartments 1, London, 5.6% of residents are recorded as possessing school level qualifications and 90.6% 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 603, Ginger Apartments 1, London, the average age was 34.4 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 603, Ginger Apartments 1, 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 603, Ginger Apartments 1, London, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.