According to the public record, Flat B84, Parliament View Apartments 1, London is a modern leasehold apartment with 430 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Parliament View Apartments, Albert Embankment, London, SE1.
Albert Embankment, London, SE1 is located in the borough of Lambeth within the SE1 postal district.
Flat B84, Parliament View Apartments 1, London has 21 entries in the Land Registry database, most recently in January 2012 and a single entry in the EPC database dated June 2021.
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 B84 Parliament View Apartments 1 London as £578,973 and the rental value as £1,977 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of Flat B84 Parliament View Apartments 1 London has increased by £8,800 (1.5%) and its rental value has increased by £110 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 B84, Parliament View Apartments 1, London is in very good condition we estimate a sale value of £607,922 and rental value of £2,076 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £538,445 and a rental value of £1,839 per month.
If you were able to purchase this property for the estimated value of £578,973, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,845 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 B84, Parliament View Apartments 1, London was last sold on 27 Jan 2012 for £368,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2012, the market for similar properties has risen 48.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat B84, Parliament View Apartments 1, London within a radius of 400 metres over the last 2 years.
The most recent example is Flat 49, 9, Albert Embankment, London, SE1 7HD, a Leasehold flat which sold for £440,000 in Apr 2022.
Read more about house prices in SE1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albert Embankment, London, SE1 has a total of 916 addresses. According to our analysis of all the public data, Flat B84, Parliament View Apartments 1, London is the 895th largest and the 758th most expensive property on the street.
When compared to the postcode district it is £69k less expensive than the average property in SE1.
Flat B84, Parliament View Apartments 1, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Jun 2021.
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 B84, Parliament View Apartments 1, London is Lambeth North station which is 800 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 B84, Parliament View Apartments 1, London, 60.0% of property is privately rented and 23.6% 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 B84, Parliament View Apartments 1, London, 14.6% of residents are recorded as possessing school level qualifications and 79.8% 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 B84, Parliament View Apartments 1, 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 B84, Parliament View Apartments 1, London, 4.0% 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 B84, Parliament View Apartments 1, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.