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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, Flat 3, 3, Risborough Street is a modern leasehold apartment with 1,097 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 3, 3, Risborough Street is £940,706 and the estimated rental value is £3,780 per month.
The apartment is within 3, Risborough Street, London, SE1.
Risborough Street, London, SE1 is located in the borough of Southwark within the SE1 postal district.
Flat 3, 3, Risborough Street has a single entry in the Land Registry from July 2023 and a single entry in the EPC database dated October 2017.
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.
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 3, 3, Risborough Street is in very good condition we estimate a sale value of £987,742 and a rental value of £3,969 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £874,857 and a rental value of £3,515 per month.
Over the last 12 months the sale value of Flat 3 3 Risborough Street has decreased by an estimated £23,489 (2.5%) and its rental value has increased by an estimated £271 per month (7.2%), giving an expected gross yield of 4.8%.
Flat 3, 3, Risborough Street has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Oct 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric underfloor heating.
According to HM Land Registry, Flat 3, 3, Risborough Street was last sold on 20th July 2023 for £1,125,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2023, the market for similar properties has dropped 29.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 3, Risborough Street within a radius of 270 metres over the last 2 years.
The most recent example is Apartment 7, 49, Surrey Row, London, SE1 0BY, a leasehold flat which sold for £1,165,000 on the 11th October 2024.
Read more about house prices in SE1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Risborough Street, London, SE1 has a total of 12 addresses. According to our analysis of all the public data, Flat 3, 3, Risborough Street is the 5th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £317k more expensive than the average property in SE1.
The closest station to Flat 3, 3, Risborough Street is Southwark station which is 300 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 3, 3, Risborough Street, 59.1% of property is privately rented and 26.1% is socially rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 3, 3, Risborough Street, 33.4% of residents are recorded as possessing school level qualifications and 66.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 3, 3, Risborough Street, the average age was 34.4 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 3, 3, Risborough Street, 0.6% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 3, 3, Risborough Street, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
