As updated by Saint Andrews Bureau in Mar 2024, Flat 78, 5, Chicheley Street, London is a mid-century 970 year lease apartment with 441 ft2 of internal area comprising 1 bedroom .
There are 970 years remaining on the lease.
The apartment is in 5, Chicheley Street, London, SE1.
Chicheley Street, London, SE1 is located in the borough of Lambeth within the SE1 postal district.
Based on both the data supplied by Saint Andrews Bureau and the public information available in the area, we estimate the current sale value for Flat 78 5 Chicheley Street London as £505,747 and the rental value as £2,136 per month giving an expected gross yield of 5.1%.
Saint Andrews Bureau described the decorative condition as fair in Mar 2024.
Over the last 12 months the sale value of Flat 78 5 Chicheley Street London has increased by £7,081 (1.4%) and its rental value has increased by £112 per month (5.2%).
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 78, 5, Chicheley Street, London is in very good condition we estimate a sale value of £531,035 and rental value of £2,243 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £470,345 and a rental value of £1,986 per month.
If you were able to purchase this property for the estimated value of £505,747, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,486 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 Saint Andrews Bureau , Flat 78, 5, Chicheley Street, London was let once since 2021 with the latest being in Mar 2024 for an undisclosed price.
Since Mar 2024, the market values of similar properties has risen 6.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 78, 5, Chicheley Street, London within a radius of 350 metres over the last 2 years.
The most recent example is Flat 256, North Block 1D, Belvedere Road, London, SE1 7GH, a Leasehold flat which sold for £450,000 in Oct 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 3 lets of properties similar to Flat 78, 5, Chicheley Street, London within a radius of 350 metres over the last 2 years.
Most recently Apartment 312, West Block, Forum Magnum Square, London, SE1 7GL, a Leasehold flat let by Saint Andrews Bureau in Nov 2023.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chicheley Street, London, SE1 has a total of 112 addresses. According to our analysis of all the public data, Flat 78, 5, Chicheley Street, London is the 81st largest and the 104th most expensive property on the street.
When compared to the postcode district it is £142k less expensive than the average property in SE1.
Flat 78, 5, Chicheley Street, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Jun 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 78, 5, Chicheley Street, London is Waterloo station which is 200 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 78, 5, Chicheley Street, London, 79.5% of property is privately rented and 11.5% is privately owned outright.
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 78, 5, Chicheley Street, London, 29.0% of residents are recorded as possessing school level qualifications and 82.1% 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 78, 5, Chicheley Street, London, the average age was 35.7 and the most common age was 22.
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 78, 5, Chicheley Street, London, 3.2% 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 78, 5, Chicheley Street, 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.