According to the public record, Flat 80, Ward Point, London is a mid-century leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Ward Point, Hotspur Street, London, SE11.
Hotspur Street, London, SE11 is located in the borough of Lambeth within the SE11 postal district.
Flat 80, Ward Point, London has a single entry in the Land Registry database from April 2021 and a single entry in the EPC database dated June 2017.
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 80 Ward Point London as £287,610 and the rental value as £1,489 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 80 Ward Point London has increased by £6,695 (2.3%) and its rental value has increased by £84 per month (5.6%).
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 80, Ward Point, London is in very good condition we estimate a sale value of £301,990 and rental value of £1,563 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £267,477 and a rental value of £1,385 per month.
If you were able to purchase this property for the estimated value of £287,610, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,414 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 80, Ward Point, London was last sold on 15 Apr 2021 for £275,505 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2021, the market for similar properties has risen 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 80, Ward Point, London within a radius of 270 metres over the last 2 years.
The most recent example is Flat 37, Elkington Point, Lollard Street, London, SE11 6UG, a Leasehold flat which sold for £280,000 in Jan 2023.
Read more about house prices in SE11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hotspur Street, London, SE11 has a total of 396 addresses. According to our analysis of all the public data, Flat 80, Ward Point, London is the 127th largest and the 267th most expensive property on the street.
When compared to the postcode district it is £266k less expensive than the average property in SE11.
Flat 80, Ward Point, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jun 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 80, Ward Point, London is Kennington station which is 500 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 80, Ward Point, London, 70.7% of property is socially rented and 17.1% 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 80, Ward Point, London, 24.3% of residents are recorded as possessing school level qualifications and 33.9% 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 80, Ward Point, London, the average age was 37.1 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 80, Ward Point, 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 80, Ward Point, 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.