According to the public record, Flat 9, Virginia Court, London is a modern leasehold apartment with 957 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Virginia Court, Eleanor Close, London, SE16.
Eleanor Close, London, SE16 is located in the borough of Southwark within the SE16 postal district.
Flat 9, Virginia Court, London has 21 entries in the Land Registry database, most recently in February 2021 and a single entry in the EPC database dated July 2013.
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 9 Virginia Court London as £595,543 and the rental value as £3,069 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 9 Virginia Court London has increased by £13,429 (2.3%) and its rental value has increased by £187 per month (6.1%).
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 9, Virginia Court, London is in very good condition we estimate a sale value of £625,321 and rental value of £3,223 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £553,855 and a rental value of £2,854 per month.
If you were able to purchase this property for the estimated value of £595,543, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,927 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 9, Virginia Court, London was last sold on 19 Feb 2021 for £598,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2021, the market for similar properties has risen 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 9, Virginia Court, London within a radius of 290 metres over the last 2 years.
The most recent example is Flat 12, Grantham Court, Eleanor Close, London, SE16 6PT, a Leasehold flat which sold for £547,000 in Jul 2022.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Eleanor Close, London, SE16 has a total of 129 addresses. According to our analysis of all the public data, Flat 9, Virginia Court, London is the 37th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £122k more expensive than the average property in SE16.
Flat 9, Virginia Court, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Jul 2013.
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 9, Virginia Court, London is Rotherhithe station which is 400 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 9, Virginia Court, London, 47.2% of property is privately rented and 25.0% 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 9, Virginia Court, London, 15.5% of residents are recorded as possessing school level qualifications and 81.2% 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 9, Virginia 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 9, Virginia Court, London, 1.8% 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 9, Virginia 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.