According to the public record, Flat 615, Caraway Apartments 2, London is a modern leasehold apartment with 968 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Caraway Apartments, Cayenne Court, London, SE1.
Cayenne Court, London, SE1 is located in the borough of Southwark within the SE1 postal district.
Flat 615, Caraway Apartments 2, London has 21 entries in the Land Registry database, most recently in November 2009 and a single entry in the EPC database dated September 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 615 Caraway Apartments 2 London as £774,427 and the rental value as £2,998 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of Flat 615 Caraway Apartments 2 London has decreased by £10,744 (1.4%) and its rental value has increased by £77 per month (2.6%).
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 615, Caraway Apartments 2, London is in very good condition we estimate a sale value of £813,148 and rental value of £3,147 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £720,217 and a rental value of £2,788 per month.
If you were able to purchase this property for the estimated value of £774,427, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,806 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 615, Caraway Apartments 2, London was last sold on 18 Nov 2009 for £622,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2009, the market for similar properties has risen 57.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 615, Caraway Apartments 2, London within a radius of 200 metres over the last 2 years.
The most recent example is Flat 315, Caraway Apartments 2, Cayenne Court, London, SE1 2PP, a Leasehold flat which sold for £933,750 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 2 lets within a 200 metres radius of Flat 615, Caraway Apartments 2, London over the last 2 years.
Most recently Flat 506, Ginger Apartments 1, Cayenne Court, London, SE1 2PA, a Leasehold flat let by Saint Andrews Bureau in Jun 2023.
Cayenne Court, London, SE1 has a total of 172 addresses. According to our analysis of all the public data, Flat 615, Caraway Apartments 2, London is the 17th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £126k more expensive than the average property in SE1.
Flat 615, Caraway Apartments 2, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Sep 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 615, Caraway Apartments 2, 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 615, Caraway Apartments 2, 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 615, Caraway Apartments 2, 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 615, Caraway Apartments 2, 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 615, Caraway Apartments 2, 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 615, Caraway Apartments 2, 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.