According to the public record, Flat 7, Solarium Court 105, London is a mid-century leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Solarium Court, Alscot Road, London, SE1.
Alscot Road, London, SE1 is located in the borough of Southwark within the SE1 postal district.
Flat 7, Solarium Court 105, London has 61 entries in the Land Registry database, most recently in December 2015 and a single entry in the EPC database dated September 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 7 Solarium Court 105 London as £397,886 and the rental value as £2,106 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 7 Solarium Court 105 London has decreased by £1,668 (0.4%) and its rental value has increased by £61 per month (2.9%).
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, Solarium Court 105, London is in very good condition we estimate a sale value of £417,781 and rental value of £2,211 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £370,034 and a rental value of £1,959 per month.
If you were able to purchase this property for the estimated value of £397,886, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,955 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, Solarium Court 105, London was last sold on 01 Dec 2015 for £380,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since Dec 2015, the market for similar properties has dropped 7.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Solarium Court 105, London within a radius of 290 metres over the last 2 years.
The most recent example is Flat 21, Solarium Court 105, Alscot Road, London, SE1 3AW, a Leasehold flat which sold for £410,000 in Sep 2021.
Read more about house prices in SE1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alscot Road, London, SE1 has a total of 189 addresses. According to our analysis of all the public data, Flat 7, Solarium Court 105, London is the 84th largest and the 65th most expensive property on the street.
When compared to the postcode district it is £250k less expensive than the average property in SE1.
Flat 7, Solarium Court 105, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Sep 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 7, Solarium Court 105, London is Bermondsey station which is 900 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, Solarium Court 105, London, 36.6% of property is socially rented and 31.7% 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 7, Solarium Court 105, London, 9.3% of residents are recorded as possessing school level qualifications and 69.8% 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, Solarium Court 105, London, the average age was 34.7 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 7, Solarium Court 105, London, 0.3% 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, Solarium Court 105, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.