Flat 2, Michael Faraday House
Flat 2, Michael Faraday House
Description & Estimates
The public record describes Flat 2, Michael Faraday House as a mid-century apartment with 387 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 2, Michael Faraday House has an estimated sale value of £199,515 and an estimated rental value of £1,295 per month, assuming reasonable condition and based on the information available.
The apartment sits within Michael Faraday House, Beaconsfield Road, London, SE17.
Beaconsfield Road, London, SE17 lies in the borough of Southwark, within the SE17 postal district.
Our Data Sources
Flat 2, Michael Faraday House has no records in the the Land Registry and a single entry in the EPC database dated July 2024.
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
In very good condition, we estimate Flat 2, Michael Faraday House would be worth £209,491, with a potential rental value of £1,360 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £185,549, with a rental value of £1,205 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 2, Michael Faraday House has fallen by £3,236 (1.6%) over the last year. During the same period, its estimated monthly rental value has moved up by £75 (5.8%). The property's estimated gross yield is currently 7.8%.
Energy Efficiency
Flat 2, Michael Faraday House has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Jul 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 270 metres of Flat 2, Michael Faraday House across the last 2 years.
Most recently, Flat 21, Faversham House, Kinglake Estate, London, SE17 2RE, a leasehold flat, sold at £267,000 on the 1st May 2024.
Read more about house prices in SE17.
•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 2, Michael Faraday House as the 246th largest and the 225th most expensive of the 247 addresses on Beaconsfield Road, London, SE17.
Against the SE17 postcode district average, it is £236k less expensive than the typical property.
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Schools Nearby
- 200mMichael Faraday School
- 300mSurrey Square Primary School
- 500mEnglish Martyrs' Roman Catholic Primary School
- 300mSouth Bank University Academy
- 500mArk Walworth Academy
- 900mSt Saviour's and St Olave's Church of England School
More reading links
Public Transport Nearby
Elephant & Castle station is the nearest stop to Flat 2, Michael Faraday House at 1.2 kilometres away.
- 1.2kmElephant & Castle
- 1.4kmKennington
- 1.7kmBorough
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.
