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According to the public record, 7, Midship Close is a modern freehold house with 688 ft2 of internal area and sits on a 105 m2 plot.
Houses 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 7, Midship Close is £598,766 and the estimated rental value is £2,897 per month.
Midship Close, London, SE16 is located in the borough of Southwark within the SE16 postal district.
7, Midship Close has 31 entries in the Land Registry , most recently in May 2011 and a single entry in the EPC database dated February 2021.
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 7, Midship Close is in very good condition we estimate a sale value of £628,704 and a rental value of £3,041 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £556,852 and a rental value of £2,694 per month.
Over the last 12 months the sale value of 7 Midship Close has decreased by an estimated £24,679 (4.1%) and its rental value has increased by an estimated £169 per month (5.8%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, 7, Midship Close sits on a plot of 105m2.
We have plot size data on 15 out of 17 other houses in the postcode and 7, Midship Close sits on the 14th largest plot.
7, Midship Close has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Feb 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 7, Midship Close was last sold on 27th May 2011 for £230,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2011, the market for similar properties has risen 58.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Midship Close within a radius of 380 metres over the last 2 years.
The most recent example is 17, Keel Close, London, SE16 6BX, a freehold house which sold for £575,000 on the 21st June 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, 7, Midship Close is the 17th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £146k 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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