According to the public record, Third Floor Flat, Reeds Wharf 33, London is a period leasehold apartment with 2,023 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Reeds Wharf, Mill Street, London, SE1.
Mill Street, London, SE1 is located in the borough of Southwark within the SE1 postal district.
Third Floor Flat, Reeds Wharf 33, London has 2 entries in the Land Registry database, most recently in April 2010 and a single entry in the EPC database dated September 2008.
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 Third Floor Flat Reeds Wharf 33 London as £2,358,163 and the rental value as £6,138 per month giving an expected gross yield of 3.1%.
Over the last 12 months the sale value of Third Floor Flat Reeds Wharf 33 London has decreased by £32,418 (1.4%) and its rental value has increased by £133 per month (2.2%).
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 Third Floor Flat, Reeds Wharf 33, London is in very good condition we estimate a sale value of £2,476,071 and rental value of £6,445 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,193,091 and a rental value of £5,708 per month.
If you were able to purchase this property for the estimated value of £2,358,163, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £11,590 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, Third Floor Flat, Reeds Wharf 33, London was last sold on 12 Apr 2010 for £1,824,999 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2010, the market for similar properties has risen 42.1%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 250 metres radius of Third Floor Flat, Reeds Wharf 33, London over the last 2 years.
The most recent example is 20, Providence Square, London, SE1 2EA, a Leasehold flat which sold for £905,000 in Apr 2024.
Read more about house prices in SE1.
Mill Street, London, SE1 has a total of 456 addresses. According to our analysis of all the public data, Third Floor Flat, Reeds Wharf 33, London is the 49th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £1.71m more expensive than the average property in SE1.
Third Floor Flat, Reeds Wharf 33, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Sep 2008.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Third Floor Flat, Reeds Wharf 33, London is Bermondsey 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 Third Floor Flat, Reeds Wharf 33, London, 54.3% of property is privately rented and 21.8% 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 Third Floor Flat, Reeds Wharf 33, London, 9.7% of residents are recorded as possessing school level qualifications and 82.2% 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 Third Floor Flat, Reeds Wharf 33, London, the average age was 34.4 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 Third Floor Flat, Reeds Wharf 33, London, 3.7% 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 Third Floor Flat, Reeds Wharf 33, 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.