According to the public record, Upper Floor Flat, 15, Methley Street, London is a period leasehold apartment with 742 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 15, Methley Street, London, SE11.
Methley Street, London, SE11 is located in the borough of Lambeth within the SE11 postal district.
Upper Floor Flat, 15, Methley Street, London has 2 entries in the Land Registry database, most recently in May 2021 and a single entry in the EPC database dated August 2012.
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 Upper Floor Flat 15 Methley Street London as £549,445 and the rental value as £2,495 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of Upper Floor Flat 15 Methley Street London has increased by £9,554 (1.7%) and its rental value has increased by £126 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 Upper Floor Flat, 15, Methley Street, London is in very good condition we estimate a sale value of £576,918 and rental value of £2,620 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £510,984 and a rental value of £2,320 per month.
If you were able to purchase this property for the estimated value of £549,445, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,700 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, Upper Floor Flat, 15, Methley Street, London was last sold on 07 May 2021 for £625,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2021, the market for similar properties has risen 1.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Upper Floor Flat, 15, Methley Street, London within a radius of 300 metres over the last 2 years.
The most recent example is Flat 3, 317, Kennington Road, London, SE11 4QE, a Leasehold flat which sold for £570,000 in Oct 2023.
Read more about house prices in SE11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Methley Street, London, SE11 has a total of 62 addresses. According to our analysis of all the public data, Upper Floor Flat, 15, Methley Street, London is the 50th largest and the 51st most expensive property on the street.
When compared to the postcode district it is £4k less expensive than the average property in SE11.
Upper Floor Flat, 15, Methley Street, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Aug 2012.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to Upper Floor Flat, 15, Methley Street, London is Kennington 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 Upper Floor Flat, 15, Methley Street, London, 48.5% of property is privately rented and 22.0% 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 Upper Floor Flat, 15, Methley Street, London, 8.1% of residents are recorded as possessing school level qualifications and 84.5% 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 Upper Floor Flat, 15, Methley Street, London, the average age was 36.8 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 Upper Floor Flat, 15, Methley Street, London, 3.1% 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 Upper Floor Flat, 15, Methley Street, 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.