Flat 22, 5
Flat 22, 5
Description & Estimates
Flat 22, 5, Bournemouth Road is recorded publicly as a modern leasehold apartment across 742 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 22, 5, Bournemouth Road is £436,894 and its rental estimate is £2,325 per month, given the available information and assuming reasonable condition.
5, Bournemouth Road is a residential building on Bournemouth Road, London, SE15 and falls within the SE15 postal district and the London Borough of Southwark.
Our Data Sources
Flat 22, 5, Bournemouth Road has a single entry in the Land Registry from March 2021 and a single entry in the EPC database dated August 2013.
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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 22, 5, Bournemouth Road, we estimate a market value of £458,739 and a rental value of £2,442 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £406,312 and £2,163 per month respectively.
Recent Market Change
Over the last year, Flat 22, 5, Bournemouth Road has seen its estimated sale value decline by £6,683 (1.5%) and its estimated rental value climb by £130 per month (5.6%). This results in an estimated gross rental yield of 6.4%.
Energy Efficiency
Flat 22, 5, Bournemouth Road has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Aug 2013.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 22, 5, Bournemouth Road completed on 31st March 2021 at £442,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 3.6% over the period since March 2021.
- Sold Mar 2021£442,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 22, 5, Bournemouth Road have sold within a radius of 350 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st November 2023, was Flat 14, 5, Bournemouth Road, London, SE15 4BJ, a leasehold flat which sold for £258,000.
Read more about house prices in SE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 89 addresses on Bournemouth Road, London, SE15, Flat 22, 5, Bournemouth Road comes out as the 33rd largest and the 27th most expensive in our analysis of the public data.
It is also £80k less expensive than the average property across the SE15 district.
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Schools Nearby
- 500mBellenden Primary School
- 600mThe Belham Primary School
- 600mJohn Donne Primary School
- 600mHarris Academy Peckham
- 800mThe St Thomas the Apostle College
- 1.4kmHarris Boys' Academy East Dulwich
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Public Transport Nearby
From Flat 22, 5, Bournemouth Road, the nearest station is Peckham Rye, 100 metres away.
- 100mPeckham Rye
- 800mQueens Road Peckham
- 900mQueens Road (Peckham)
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
