Flat 17, 197
Flat 17, 197
Description & Estimates
According to the public record, Flat 17, 197, Long Lane is a modern leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 17, 197, Long Lane is £422,663 and the estimated rental value is £2,227 per month.
The apartment is within 197, Long Lane, London, SE1.
Long Lane, London, SE1 is located in the borough of Southwark within the SE1 postal district.
Our Data Sources
Flat 17, 197, Long Lane has 21 entries in the Land Registry , most recently in February 2015 and a single entry in the EPC database dated March 2014.
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.
Price Range & Condition
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 Flat 17, 197, Long Lane is in very good condition we estimate a sale value of £443,796 and a rental value of £2,338 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £393,077 and a rental value of £2,071 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 17, 197, Long Lane has dropped by £4,937 (1.2%), while its estimated rental value has risen by £127 per month (5.7%). Based on current estimates, the property offers a gross rental yield of 6.3%.
Energy Efficiency
Flat 17, 197, Long Lane has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Mar 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, Flat 17, 197, Long Lane was last sold on 27th February 2015 for £462,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since February 2015, the market for similar properties has dropped by 18.7%.
- Sold Feb 2015£462,500
- Sold Dec 2006£250,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 17, 197, Long Lane within a radius of 230 metres over the last 2 years.
The most recent example is Apartment 6, Calico House 199, Long Lane, London, SE1 4PN, a leasehold flat which sold for £460,000 on the 15th July 2024.
Read more about house prices in SE1.
- Sold Jul 2024£460,000 | 1 Bed FlatCalico House 199, Long LaneApartment 6, Calico House 199, Long Lane, London, SE1 4PN
- Sold Jun 2024£418,000 | 2 Bed FlatCalico House 199, Long LaneApartment 9, Calico House 199, Long Lane, London, SE1 4PN
- Sold Dec 2018£141,000 | 1 Bed FlatCity Walk209 Hestia House, City Walk, London, SE1 3ES
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Long Lane, London, SE1 has a total of 675 addresses. According to our analysis of all the public data, Flat 17, 197, Long Lane is the 557th largest and the 457th most expensive property on the street.
When compared to the postcode district it is £206k less expensive than the average property in SE1.
More reading links
Schools Nearby
- 300mSnowsfields Primary School
- 400mGrange Primary School
- 600mTower Bridge Primary School
- 500mSt Saviour's and St Olave's Church of England School
- 1.0kmHaberdashers' Borough Academy
- 1.1kmHarris Academy Bermondsey
More reading links
Public Transport Nearby
The closest station to Flat 17, 197, Long Lane is Borough station, which is 700 metres away.
- 700mBorough
- 700mLondon Bridge
- 1.2kmElephant & Castle
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
