According to the public record, Flat 8, Westminster Court, London is a modern leasehold apartment with 419 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Westminster Court, King & Queen Wharf, London, SE16.
King & Queen Wharf, London, SE16 is located in the borough of Southwark within the SE16 postal district.
Flat 8, Westminster Court, London has 61 entries in the Land Registry database, most recently in December 2019 and a single entry in the EPC database dated November 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 8 Westminster Court London as £299,896 and the rental value as £1,682 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Flat 8 Westminster Court London has increased by £3,177 (1.1%) and its rental value has increased by £83 per month (4.9%).
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 8, Westminster Court, London is in very good condition we estimate a sale value of £314,891 and rental value of £1,766 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £278,904 and a rental value of £1,564 per month.
If you were able to purchase this property for the estimated value of £299,896, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,474 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 8, Westminster Court, London was last sold on 11 Dec 2019 for £280,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since Dec 2019, the market for similar properties has dropped 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, Westminster Court, London within a radius of 410 metres over the last 2 years.
The most recent example is 22, Helena Square, London, SE16 5XP, a Leasehold flat which sold for £325,000 in Sep 2022.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
King & Queen Wharf, London, SE16 has a total of 142 addresses. According to our analysis of all the public data, Flat 8, Westminster Court, London is the 122nd largest and the 126th most expensive property on the street.
When compared to the postcode district it is £174k less expensive than the average property in SE16.
Flat 8, Westminster Court, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Nov 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric ceiling heating.
The closest station to Flat 8, Westminster Court, 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 8, Westminster Court, London, 51.1% of property is privately rented and 16.0% is socially 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 8, Westminster Court, London, 7.7% of residents are recorded as possessing school level qualifications and 78.2% 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 8, Westminster Court, 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 8, Westminster Court, 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 8, Westminster Court, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.