Flat 22, 237
Flat 22, 237
Description & Estimates
According to the public record, Flat 22, 237, Union Street is a modern leasehold apartment with 871 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 22, 237, Union Street is £870,758 and the estimated rental value is £3,244 per month.
The apartment is within 237, Union Street, London, SE1.
Union Street, London, SE1 is located in the borough of Southwark within the SE1 postal district.
Our Data Sources
Flat 22, 237, Union Street has a single entry in the Land Registry from June 2017 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
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 22, 237, Union Street is in very good condition we estimate a sale value of £914,295 and a rental value of £3,406 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £809,805 and a rental value of £3,017 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 22, 237, Union Street has declined by £7,025 (0.8%), while its estimated rental value has climbed by £191 per month (5.9%). Based on current estimates, the property offers a gross rental yield of 4.5%.
Energy Efficiency
Flat 22, 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
According to HM Land Registry, Flat 22, 237, Union Street was last sold on 9th June 2017 for £924,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2017, the market for similar properties has dropped by 51.5%.
- Sold Jun 2017£924,500
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 22, 237, Union Street within a radius of 270 metres over the last 2 years.
The most recent example is Flat 32, 237, Union Street, London, SE1 0LR, a leasehold flat which sold for £850,000 on the 11th July 2024.
Read more about house prices in SE1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Union Street, London, SE1 has a total of 282 addresses. According to our analysis of all the public data, Flat 22, 237, Union Street is the 45th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £243k more expensive than the average property in SE1.
More reading links
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
More reading links
Public Transport Nearby
The closest station to Flat 22, 237, Union Street is Southwark station, which is 200 metres away.
- 200mSouthwark
- 500mLondon Waterloo East
- 700mBorough
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.
