According to the public record, Flat 715 Building 700, Alaska Buildings 61, London is a modern leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Alaska Buildings, Grange Road, London, SE1.
Grange Road, London, SE1 is located in the borough of Southwark within the SE1 postal district.
Flat 715 Building 700, Alaska Buildings 61, London has 31 entries in the Land Registry database, most recently in November 2022 and a single entry in the EPC database dated May 2022.
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 715 Building 700 Alaska Buildings 61 London as £594,005 and the rental value as £2,750 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 715 Building 700 Alaska Buildings 61 London has decreased by £2,142 (0.4%) and its rental value has increased by £75 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 715 Building 700, Alaska Buildings 61, London is in very good condition we estimate a sale value of £623,706 and rental value of £2,887 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £552,425 and a rental value of £2,557 per month.
If you were able to purchase this property for the estimated value of £594,005, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,919 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 715 Building 700, Alaska Buildings 61, London was last sold on 16 Nov 2022 for £681,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Nov 2022, the market for similar properties has dropped 0.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 715 Building 700, Alaska Buildings 61, London within a radius of 260 metres over the last 2 years.
The most recent example is Flat 731 Building 730, Alaska Buildings 61, Grange Road, London, SE1 3BD, a Leasehold flat which sold for £570,000 in May 2024.
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 within a 260 metres radius of Flat 715 Building 700, Alaska Buildings 61, London over the last 2 years.
Most recently Flat 1, 200, Grange Road, London, SE1 3AA, a Leasehold flat let by Your Home Managed in Jan 2024.
Grange Road, London, SE1 has a total of 600 addresses. According to our analysis of all the public data, Flat 715 Building 700, Alaska Buildings 61, London is the 240th largest and the 137th most expensive property on the street.
When compared to the postcode district it is £54k less expensive than the average property in SE1.
Flat 715 Building 700, Alaska Buildings 61, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 May 2022.
The property is not connected to mains gas and has single glazed windows. It is heated using elecric underfloor heating.
The closest station to Flat 715 Building 700, Alaska Buildings 61, London is Bermondsey station which is 1.1 kilometres 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 715 Building 700, Alaska Buildings 61, London, 59.7% of property is privately rented and 17.3% 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 715 Building 700, Alaska Buildings 61, London, 15.5% of residents are recorded as possessing school level qualifications and 76.8% 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 715 Building 700, Alaska Buildings 61, London, the average age was 35 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 715 Building 700, Alaska Buildings 61, London, 2.9% 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 715 Building 700, Alaska Buildings 61, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.