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According to the public record, 12, Millender Walk is a mid-century leasehold apartment with 1,054 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 12, Millender Walk is £432,855 and the estimated rental value is £2,441 per month.
Millender Walk, London, SE16 is located in the borough of Southwark within the SE16 postal district.
12, Millender Walk has 21 entries in the Land Registry , most recently in November 2019 and a single entry in the EPC database dated November 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 12, Millender Walk is in very good condition we estimate a sale value of £454,497 and a rental value of £2,563 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £402,555 and a rental value of £2,270 per month.
Over the last 12 months the sale value of 12 Millender Walk has decreased by an estimated £12,523 (2.9%) and its rental value has increased by an estimated £134 per month (5.5%), giving an expected gross yield of 6.8%.
12, Millender Walk has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Nov 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to HM Land Registry, 12, Millender Walk was last sold on 8th November 2019 for £425,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since November 2019, the market for similar properties has risen 7.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Millender Walk within a radius of 360 metres over the last 2 years.
The most recent example is 42, Millender Walk, London, SE16 2BL, a leasehold flat which sold for £310,000 on the 22nd April 2024.
Read more about house prices in SE16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millender Walk, London, SE16 has a total of 170 addresses. According to our analysis of all the public data, 12, Millender Walk is the 13th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £20k less expensive than the average property in SE16.
The nearest school is Rotherhithe Primary School which is 200 metres away. The nearest train station is South Bermondsey which is 300 metres away.
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