7, King Stairs Close
7, King Stairs Close
Description & Estimates
7, King Stairs Close is recorded publicly as a mid-century freehold house across 882 ft2 of internal area, sitting on a 76 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 7, King Stairs Close is £1,017,642 and its rental estimate is £4,375 per month, given the available information and assuming reasonable condition.
King Stairs Close, London, SE16 falls within the SE16 postal district, in the borough of Southwark.
Our Data Sources
7, King Stairs Close has a single entry in the Land Registry from March 2016 and a single entry in the EPC database dated January 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 7, King Stairs Close, we estimate a market value of £1,068,524 and a rental value of £4,594 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £946,407 and £4,069 per month respectively.
Recent Market Change
Over the last year, 7, King Stairs Close has seen its estimated sale value drop by £38,749 (3.8%) and its estimated rental value rise by £226 per month (5.2%). This results in an estimated gross rental yield of 5.2%.
Plot Size
HM Land Registry records the plot of land for 7, King Stairs Close as measuring 76 m2.
That makes it the 10th largest plot in the postcode, where 11 of the 13 other houses have recorded plot data.
Energy Efficiency
7, King Stairs Close has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Jan 2016.
The property is connected to mains gas and has mostly secondary glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 7, King Stairs Close completed on 1st March 2016 at £1,165,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 1.2% over the period since March 2016.
- Sold Mar 2016£1,165,000
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 380 metres of 7, King Stairs Close, per the Land Registry and our network of Estate Agents.
The latest, on the 18th December 2020, was 9, King Stairs Close, London, SE16 4JF, a freehold house which sold for £1,300,000.
Read more about house prices in SE16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 13 addresses on King Stairs Close, London, SE16, 7, King Stairs Close comes out as the 13th largest and the 10th most expensive in our analysis of the public data.
It is also £565k more expensive than the average property across the SE16 district.
More reading links
Schools Nearby
- 400mAlbion Primary School
- 600mRiverside Primary School
- 600mSt Peter's London Docks CofE Primary School
- 600mThe Charter School Bermondsey
- 800mSt Michael's Catholic College
- 1.0kmBacon's College
More reading links
Public Transport Nearby
From 7, King Stairs Close, the nearest station is Rotherhithe, 200 metres away.
- 200mRotherhithe
- 300mWapping
- 500mCanada Water
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
