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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
51, Laxley Close is recorded publicly as a modern leasehold apartment across 333 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 51, Laxley Close is £234,446 and its rental estimate is £1,426 per month, given the available information and assuming reasonable condition.
Laxley Close, London, SE5 falls within the SE5 postal district, in the borough of Southwark.
51, Laxley Close has 2 entries in the Land Registry , most recently in July 2013 and a single entry in the EPC database dated December 2009.
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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 51, Laxley Close, we estimate a market value of £246,168 and a rental value of £1,498 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £218,034 and £1,327 per month respectively.
Over the last year, 51, Laxley Close has seen its estimated sale value move down by £2,460 (1.0%) and its estimated rental value increase by £89 per month (6.2%). This results in an estimated gross rental yield of 7.3%.
51, Laxley Close has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Dec 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
The most recent sale of 51, Laxley Close completed on 12th July 2013 at £189,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 64.7% over the period since July 2013.
Over the past 2 years 3 properties have sold within 320 metres of 51, Laxley Close, per the Land Registry and our network of Estate Agents.
The latest, on the 25th November 2022, was 41, Laxley Close, London, SE5 0YP, a leasehold flat which sold for £425,000.
Read more about house prices in SE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 49 addresses on Laxley Close, London, SE5, 51, Laxley Close comes out as the 49th largest and the 49th most expensive in our analysis of the public data.
It is also £271k less expensive than the average property across the SE5 district.
From 51, Laxley Close, the nearest station is Oval, 800 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 51, Laxley Close, 77.8% of property is socially rented and 8.3% 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 51, Laxley Close, 27.8% of residents are recorded as possessing school level qualifications and 33.4% 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 51, Laxley Close, the average age was 36.1 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 51, Laxley Close, 0.3% 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 51, Laxley Close, 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.
