45, Searles Road
45, Searles Road
Description & Estimates
The public record lists 45, Searles Road as a freehold house sitting on a 105 m2 plot.
Comparison with its neighbours suggests a period house with 958 ft2 of internal area and a garden.
In this area, houses of this size normally have 3 bedrooms.
45, Searles Road has an estimated sale value of £599,119 and an estimated rental value of £3,059 per month, assuming reasonable condition and based on the information available.
Searles Road, London, SE1 lies in the borough of Southwark, within the SE1 postal district.
Our Data Sources
45, Searles Road has 31 entries in the Land Registry , most recently in March 2007 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.
Price Range & Condition
In very good condition, we estimate 45, Searles Road would be worth £629,075, with a potential rental value of £3,212 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £557,181, with a rental value of £2,845 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 45, Searles Road has decreased by £18,471 (3.1%) over the last year. During the same period, its estimated monthly rental value has grown by £136 (4.4%). The property's estimated gross yield is currently 6.1%.
Plot Size
45, Searles Road occupies a 105 m2 plot as recorded by HM Land Registry.
Of the 17 other houses in this postcode, 13 have recorded plot sizes, and this one ranks as the 12th largest.
Sold Prices
45, Searles Road last changed hands on 9th March 2007, selling for £400,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 138.7% since March 2007.
- Sold Mar 2007£400,000
- Sold Sep 2002£270,000
- Sold Oct 1999£155,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 310 metres of 45, Searles Road across the last 2 years.
Most recently, 3, Hemp Walk, London, SE17 1PF, a freehold house, sold at £670,000 on the 6th July 2023.
Read more about house prices in SE1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 45, Searles Road as the 55th largest and the 70th most expensive of the 113 addresses on Searles Road, London, SE1.
Against the SE1 postcode district average, it is £29k less expensive than the typical property.
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Schools Nearby
- 300mEnglish Martyrs' Roman Catholic Primary School
- 400mVictory Primary School
- 500mGrange Primary School
- 100mSt Saviour's and St Olave's Church of England School
- 600mSouth Bank University Academy
- 900mArk Walworth Academy
More reading links
Public Transport Nearby
Elephant & Castle station is the nearest stop to 45, Searles Road at 800 metres away.
- 800mElephant & Castle
- 900mBorough
- 1.3kmLondon Bridge
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
