According to the public record, Flat 61, Iceland Wharf, London is a modern leasehold apartment with 775 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Iceland Wharf, Plough Way, London, SE16.
Plough Way, London, SE16 is located in the borough of Lewisham within the SE16 postal district.
Flat 61, Iceland Wharf, London has 31 entries in the Land Registry database, most recently in January 2006 and a single entry in the EPC database dated December 2019.
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 61 Iceland Wharf London as £478,111 and the rental value as £2,597 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 61 Iceland Wharf London has decreased by £1,141 (0.2%) and its rental value has increased by £91 per month (3.5%).
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 61, Iceland Wharf, London is in very good condition we estimate a sale value of £502,016 and rental value of £2,727 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £444,643 and a rental value of £2,415 per month.
If you were able to purchase this property for the estimated value of £478,111, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,350 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 61, Iceland Wharf, London was last sold on 12 Jan 2006 for £234,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 61, Iceland Wharf, London within a radius of 260 metres over the last 2 years.
The most recent example is Flat 35, 1, Yeoman Street, London, SE8 5DP, a Leasehold flat which sold for £450,000 in Jun 2024.
Read more about house prices in SE16.
*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 61, Iceland Wharf, London within a radius of 260 metres over the last 2 years.
Most recently Flat 47, Oslo Tower, Naomi Street, London, SE8 5EP, a Leasehold flat let by London Property Management in Jun 2022.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Plough Way, London, SE16 has a total of 432 addresses. According to our analysis of all the public data, Flat 61, Iceland Wharf, London is the 246th largest and the 210th most expensive property on the street.
When compared to the postcode district it is £5k more expensive than the average property in SE16.
Flat 61, Iceland Wharf, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Dec 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 61, Iceland Wharf, London is Surrey Quays station which is 600 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 61, Iceland Wharf, London, 63.6% of property is socially rented and 17.8% 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 61, Iceland Wharf, London, 12.8% of residents are recorded as possessing school level qualifications and 31.1% 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 61, Iceland Wharf, London, the average age was 33.2 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 61, Iceland Wharf, 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 61, Iceland Wharf, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.