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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
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The public record describes 8, Fortune Place as a modern house with 1,465 ft2 of internal area.
In this area, houses of this size normally have 4 bedrooms with a garden.
8, Fortune Place has an estimated sale value of £714,501 and an estimated rental value of £3,481 per month, assuming reasonable condition and based on the information available.
Fortune Place, London, SE1 lies in the borough of Southwark, within the SE1 postal district.
8, Fortune Place has no records in the the Land Registry and a single entry in the EPC database dated April 2010.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
In very good condition, we estimate 8, Fortune Place would be worth £750,226, with a potential rental value of £3,655 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £664,486, with a rental value of £3,237 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 8, Fortune Place has declined by £17,660 (2.5%) over the last year. During the same period, its estimated monthly rental value has climbed by £159 (4.6%). The property's estimated gross yield is currently 5.8%.
8, Fortune Place has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Apr 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 250 metres of 8, Fortune Place across the last 2 years.
Most recently, 15, Trafalgar Avenue, London, SE15 6NP, a freehold house, sold at £960,000 on the 14th August 2019.
Read more about house prices in SE1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 8, Fortune Place as the largest and the 8th most expensive of the 80 addresses on Fortune Place, London, SE1.
Against the SE1 postcode district average, it is £86k more expensive than the typical property.
South Bermondsey station is the nearest stop to 8, Fortune Place at 1.2 kilometres away.
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Fortune Place, 91.3% of property is socially rented and 5.6% 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 8, Fortune Place, 23.3% of residents are recorded as possessing school level qualifications and 28.7% 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 8, Fortune Place, the average age was 35 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 8, Fortune Place, 0.0% 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 8, Fortune Place, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
