According to the public record, Flat 7, Old Fire Station Court 241, London is a period apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Old Fire Station Court, Rotherhithe Street, London, SE16.
Rotherhithe Street, London, SE16 is located in the borough of Southwark within the SE16 postal district.
Flat 7, Old Fire Station Court 241, London has no recent1 records in the Land Registry database and a single entry in the EPC database dated July 2013.
We combine this information with public data 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 7 Old Fire Station Court 241 London as £332,335 and the rental value as £1,931 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of Flat 7 Old Fire Station Court 241 London has increased by £773 (0.2%) and its rental value has increased by £67 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 7, Old Fire Station Court 241, London is in very good condition we estimate a sale value of £348,952 and rental value of £2,027 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £309,072 and a rental value of £1,796 per month.
If you were able to purchase this property for the estimated value of £332,335, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,633 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 7, Old Fire Station Court 241, London was last sold on 27 May 2002 for £174,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Old Fire Station Court 241, London within a radius of 420 metres over the last 2 years.
The most recent example is 10, Edward Square, London, SE16 5EE, a Leasehold flat which sold for £422,500 in Jun 2022.
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 within a 420 metres radius of Flat 7, Old Fire Station Court 241, London over the last 2 years.
Most recently 94, Acorn Walk, London, SE16 5DX, a Leasehold flat let by Saint Andrews Bureau in Sep 2021.
Rotherhithe Street, London, SE16 has a total of 1516 addresses. According to our analysis of all the public data, Flat 7, Old Fire Station Court 241, London is the 1326th largest and the 1449th most expensive property on the street.
When compared to the postcode district it is £141k less expensive than the average property in SE16.
Flat 7, Old Fire Station Court 241, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Jul 2013.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to Flat 7, Old Fire Station Court 241, London is Limehouse station which is 700 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 7, Old Fire Station Court 241, London, 40.7% of property is privately rented and 31.1% 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 7, Old Fire Station Court 241, London, 15.4% of residents are recorded as possessing school level qualifications and 63.5% 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 7, Old Fire Station Court 241, London, the average age was 35.9 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 7, Old Fire Station Court 241, 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 7, Old Fire Station Court 241, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.