Flat 2, 12
Flat 2, 12
Description & Estimates
According to the public record, Flat 2, 12, Searles Road is a period apartment with 1,065 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 12, Searles Road is £636,138 and the estimated rental value is £3,314 per month.
The apartment is within 12, Searles Road, London, SE1.
Searles Road, London, SE1 is located in the borough of Southwark within the SE1 postal district.
Our Data Sources
Flat 2, 12, Searles Road has no records in the the Land Registry and a single entry in the EPC database dated May 2018.
We combine this information with public data 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
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 2, 12, Searles Road is in very good condition we estimate a sale value of £667,945 and a rental value of £3,479 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £591,608 and a rental value of £3,082 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 2, 12, Searles Road has moved down by £12,573 (2.0%), while its estimated rental value has increased by £179 per month (5.4%). Based on current estimates, the property offers a gross rental yield of 6.3%.
Energy Efficiency
Flat 2, 12, Searles Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 May 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
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 2, 12, Searles Road within a radius of 310 metres over the last 2 years.
The most recent example is Flat 27, 43, Searles Road, London, SE1 4YL, a leasehold flat which sold for £642,500 on the 19th September 2017.
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
Searles Road, London, SE1 has a total of 113 addresses. According to our analysis of all the public data, Flat 2, 12, Searles Road is the 49th largest and the 66th most expensive property on the street.
When compared to the postcode district it is £8k more expensive than the average property in SE1.
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Schools Nearby
- 400mEnglish Martyrs' Roman Catholic Primary School
- 400mVictory Primary School
- 500mGrange Primary School
- 100mSt Saviour's and St Olave's Church of England School
- 600mSouth Bank University Academy
- 900mArk Walworth Academy
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Public Transport Nearby
The closest station to Flat 2, 12, Searles Road is Elephant & Castle station, which is 800 metres away.
- 800mElephant & Castle
- 900mBorough
- 1.3kmLondon Bridge
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
