According to the public record, Flat B, 19, Solway Road, London is a period leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 19, Solway Road, London, SE22.
Solway Road, London, SE22 is located in the borough of Southwark within the SE22 postal district.
Flat B, 19, Solway Road, London has a single entry in the Land Registry database from April 2024 and a single entry in the EPC database dated February 2020.
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 B 19 Solway Road London as £548,530 and the rental value as £2,215 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of Flat B 19 Solway Road London has increased by £11,376 (2.1%) and its rental value has increased by £110 per month (5.0%).
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 B, 19, Solway Road, London is in very good condition we estimate a sale value of £575,957 and rental value of £2,326 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £510,133 and a rental value of £2,060 per month.
If you were able to purchase this property for the estimated value of £548,530, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,696 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 B, 19, Solway Road, London was last sold on 24 Apr 2024 for £655,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2024, the market for similar properties has risen 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat B, 19, Solway Road, London within a radius of 350 metres over the last 2 years.
The most recent example is First Floor Flat, 20, East Dulwich Road, London, SE22 9AX, a Leasehold flat which sold for £485,000 in Oct 2022.
Read more about house prices in SE22.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Solway Road, London, SE22 has a total of 68 addresses. According to our analysis of all the public data, Flat B, 19, Solway Road, London is the 47th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £194k less expensive than the average property in SE22.
Flat B, 19, Solway Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Feb 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat B, 19, Solway Road, London is East Dulwich station which is 900 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 B, 19, Solway Road, London, 44.7% of property is privately rented and 26.2% 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 B, 19, Solway Road, London, 11.8% of residents are recorded as possessing school level qualifications and 69.9% 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 B, 19, Solway Road, London, the average age was 35.9 and the most common age was 32.
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 B, 19, Solway Road, 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 B, 19, Solway Road, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.