Flat 12, 237
Flat 12, 237
Description & Estimates
Public records show Flat 12, 237, Union Street to be a modern leasehold apartment with 548 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 12, 237, Union Street has an estimated sale value of £610,415 and an estimated rental value of £2,471 per month, assuming reasonable condition and based on the information available.
The apartment sits within 237, Union Street, London, SE1.
Union Street, London, SE1 lies in the borough of Southwark, within the SE1 postal district.
Our Data Sources
Flat 12, 237, Union Street has 2 entries in the Land Registry , most recently in September 2023 and a single entry in the EPC database dated April 2017.
We combine this information with that 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.
Price Range & Condition
In very good condition, we estimate Flat 12, 237, Union Street would be worth £640,936, with a potential rental value of £2,594 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £567,686, with a rental value of £2,298 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 12, 237, Union Street has dropped by £4,925 (0.8%) over the last year. During the same period, its estimated monthly rental value has risen by £146 (5.9%). The property's estimated gross yield is currently 4.9%.
Energy Efficiency
Flat 12, 237, Union Street has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Apr 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
Flat 12, 237, Union Street last changed hands on 27th September 2023, selling for £481,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 48.4% since September 2023.
- Sold Sep 2023£481,000
- Sold Jun 2017£664,450
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 270 metres of Flat 12, 237, Union Street across the last 2 years.
Most recently, 62, Great Suffolk Street, London, SE1 0BL, a leasehold flat, sold at £1,300,000 on the 26th July 2023.
Read more about house prices in SE1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 12, 237, Union Street as the 223rd largest and the 82nd most expensive of the 282 addresses on Union Street, London, SE1.
Against the SE1 postcode district average, it is £18k less expensive than the typical property.
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Schools Nearby
- 200mFriars Primary Foundation School
- 500mCharles Dickens Primary School
- 600mThe Cathedral School of St Saviour and St Mary Overie
- 300mHaberdashers' Borough Academy
- 500mLondon Nautical, City of London Academy
- 800mNotre Dame Catholic Girls' School
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Public Transport Nearby
Southwark station is the nearest stop to Flat 12, 237, Union Street at 200 metres away.
- 200mSouthwark
- 500mLondon Waterloo East
- 700mBorough
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
