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According to the public record, 5, Midship Close is a modern freehold house with 1,539 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Midship Close is £978,977 and the estimated rental value is £4,545 per month.
Midship Close, London, SE16 is located in the borough of Southwark within the SE16 postal district.
5, Midship Close has 21 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated September 2020.
We combine this information with that of neighbouring properties to estimate the property 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 5, Midship Close is in very good condition we estimate a sale value of £1,027,926 and a rental value of £4,772 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £910,448 and a rental value of £4,227 per month.
Over the last 12 months the sale value of 5 Midship Close has decreased by an estimated £50,134 (5.1%) and its rental value has increased by an estimated £189 per month (4.2%), giving an expected gross yield of 5.6%.
5, Midship Close has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Sep 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, Midship Close was last sold on 15th March 2021 for £935,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2021, the market for similar properties has dropped 7.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Midship Close within a radius of 390 metres over the last 2 years.
The most recent example is 10, Cookham Crescent, London, SE16 6AW, a freehold house which sold for £1,315,000 on the 30th September 2024.
Read more about house prices in SE16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Midship Close, London, SE16 has a total of 22 addresses. According to our analysis of all the public data, 5, Midship Close is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £526k more expensive than the average property in SE16.
The nearest school is Bacon's College which is 100 metres away. The nearest train station is Rotherhithe which is 700 metres away.
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