According to the public record, Unit 3G, The Chandlery 50, London is a period leasehold apartment with 704 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in The Chandlery, Westminster Bridge Road, London, SE1.
Westminster Bridge Road, London, SE1 is located in the borough of Southwark within the SE1 postal district.
Unit 3G, The Chandlery 50, London has 21 entries in the Land Registry database, most recently in December 2009 and a single entry in the EPC database dated March 2009.
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 Unit 3G The Chandlery 50 London as £658,928 and the rental value as £3,116 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of Unit 3G The Chandlery 50 London has increased by £3,614 (0.5%) and its rental value has increased by £120 per month (3.9%).
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 Unit 3G, The Chandlery 50, London is in very good condition we estimate a sale value of £691,874 and rental value of £3,272 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £612,803 and a rental value of £2,898 per month.
If you were able to purchase this property for the estimated value of £658,928, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,238 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, Unit 3G, The Chandlery 50, London was last sold on 11 Dec 2009 for £495,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2009, the market for similar properties has risen 69.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Unit 3G, The Chandlery 50, London within a radius of 240 metres over the last 2 years.
The most recent example is Flat 127, 100, Westminster Bridge Road, London, SE1 7XB, a Leasehold flat which sold for £650,000 in Sep 2023.
Read more about house prices in SE1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Westminster Bridge Road, London, SE1 has a total of 904 addresses. According to our analysis of all the public data, Unit 3G, The Chandlery 50, London is the 335th largest and the 593rd most expensive property on the street.
When compared to the postcode district it is £11k more expensive than the average property in SE1.
Unit 3G, The Chandlery 50, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Mar 2009.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Unit 3G, The Chandlery 50, London is Lambeth North station which is 300 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 Unit 3G, The Chandlery 50, London, 40.7% of property is privately rented and 24.1% 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 Unit 3G, The Chandlery 50, London, 16.0% of residents are recorded as possessing school level qualifications and 60.6% 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 Unit 3G, The Chandlery 50, London, the average age was 33.9 and the most common age was 22.
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 Unit 3G, The Chandlery 50, London, 3.3% 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 Unit 3G, The Chandlery 50, 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.