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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 183, Simms Road is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 682 ft2 of internal area and sits on a 116 m2 plot and a garden.
Houses of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 183, Simms Road is £518,509 and the estimated rental value is £2,807 per month.
Simms Road, London, SE1 is located in the borough of Southwark within the SE1 postal district.
183, Simms Road has 2 entries in the Land Registry , most recently in November 2020 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.
The local information is scored as 2 out of 5 and is considered of medium 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 183, Simms Road is in very good condition we estimate a sale value of £544,435 and a rental value of £2,947 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £482,214 and a rental value of £2,610 per month.
Over the last 12 months the sale value of 183 Simms Road has decreased by an estimated £27,392 (5.3%) and its rental value has increased by an estimated £118 per month (4.2%), giving an expected gross yield of 6.5%.
According to data from HM Land Registry, 183, Simms Road sits on a plot of 116m2.
We have plot size data on 10 out of 18 other houses in the postcode and 183, Simms Road sits on the 8th largest plot.
According to HM Land Registry, 183, Simms Road was last sold on 30th November 2020 for £500,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2020, the market for similar properties has risen 10.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 183, Simms Road within a radius of 320 metres over the last 2 years.
The most recent example is 11, Strathnairn Street, London, SE1 5BN, a leasehold house which sold for £535,000 on the 26th March 2024.
Read more about house prices in SE1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Simms Road, London, SE1 has a total of 64 addresses. According to our analysis of all the public data, 183, Simms Road is the 42nd largest and the 27th most expensive property on the street.
When compared to the postcode district it is £106k less expensive than the average property in SE1.
The closest station to 183, Simms Road is Bermondsey station which is 800 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 183, Simms Road, 27.9% of property is privately owned outright and 25.7% 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 183, Simms Road, 14.5% of residents are recorded as possessing school level qualifications and 52.3% 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 183, Simms Road, the average age was 34.9 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 183, Simms Road, 1.3% 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 183, Simms Road, 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.
