Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, 43, Magdalene Close is an early-century leasehold apartment with 775 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 43, Magdalene Close is £401,629 and the estimated rental value is £2,224 per month.
Magdalene Close, London, SE15 is located in the borough of Southwark within the SE15 postal district.
43, Magdalene Close has 21 entries in the Land Registry , most recently in January 2022 and a single entry in the EPC database dated March 2021.
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 43, Magdalene Close is in very good condition we estimate a sale value of £421,711 and a rental value of £2,335 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £373,515 and a rental value of £2,068 per month.
Over the past 12 months, the estimated sale value of 43, Magdalene Close has moved down by £7,810 (1.9%), while its estimated rental value has increased by £113 per month (5.1%). Based on current estimates, the property offers a gross rental yield of 6.6%.
43, Magdalene Close has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Mar 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to HM Land Registry, 43, Magdalene Close was last sold on 6th January 2022 for £450,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since January 2022, the market for similar properties has risen by 4.9%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 43, Magdalene Close within a radius of 320 metres over the last 2 years.
The most recent example is 33, Magdalene Close, London, SE15 3SQ, a leasehold flat which sold for £356,000 on the 30th August 2023.
Read more about house prices in SE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Magdalene Close, London, SE15 has a total of 48 addresses. According to our analysis of all the public data, 43, Magdalene Close is the 13th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £115k less expensive than the average property in SE15.
The closest station to 43, Magdalene Close is Peckham Rye station, which is 500 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 43, Magdalene Close, 79.3% of property is socially rented and 8.4% is privately rented.
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 43, Magdalene Close, 23.9% of residents are recorded as possessing school level qualifications and 35.5% 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 43, Magdalene Close, the average age was 37 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 43, Magdalene Close, 0.2% 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 43, Magdalene Close, 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.
