According to the public record, Flat Lg3, Pacific Wharf 165, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 639 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Pacific Wharf, Rotherhithe Street, London, SE16.
Rotherhithe Street, London, SE16 is located in the borough of Southwark within the SE16 postal district.
Flat Lg3, Pacific Wharf 165, London has a single entry in the Land Registry database from December 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat Lg3 Pacific Wharf 165 London as £476,378 and the rental value as £2,312 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat Lg3 Pacific Wharf 165 London has decreased by £1,913 (0.4%) and its rental value has increased by £79 per month (3.4%).
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 Lg3, Pacific Wharf 165, London is in very good condition we estimate a sale value of £500,197 and rental value of £2,427 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £443,031 and a rental value of £2,150 per month.
If you were able to purchase this property for the estimated value of £476,378, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,341 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 Lg3, Pacific Wharf 165, London was last sold on 23 Dec 2013 for £400,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2013, the market for similar properties has risen 20.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat Lg3, Pacific Wharf 165, London within a radius of 420 metres over the last 2 years.
The most recent example is Flat 1, Raleigh Court, Clarence Mews, London, SE16 5GB, a Leasehold flat which sold for £485,000 in Nov 2023.
Read more about house prices in SE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rotherhithe Street, London, SE16 has a total of 1516 addresses. According to our analysis of all the public data, Flat Lg3, Pacific Wharf 165, London is the 1041st largest and the 888th most expensive property on the street.
When compared to the postcode district it is £3k more expensive than the average property in SE16.
The closest station to Flat Lg3, Pacific Wharf 165, London is Rotherhithe station which is 600 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 Lg3, Pacific Wharf 165, London, 54.2% of property is privately rented and 24.5% 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 Lg3, Pacific Wharf 165, London, 10.3% of residents are recorded as possessing school level qualifications and 74.9% 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 Lg3, Pacific Wharf 165, 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 Lg3, Pacific Wharf 165, London, 0.7% 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 Lg3, Pacific Wharf 165, 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.