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According to the public record, Flat 31, 5, Sheppard Drive is a modern leasehold apartment with 538 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 31, 5, Sheppard Drive is £328,382 and the estimated rental value is £1,969 per month.
The apartment is within 5, Sheppard Drive, London, SE16.
Sheppard Drive, London, SE16 is located in the borough of Southwark within the SE16 postal district.
Flat 31, 5, Sheppard Drive has 41 entries in the Land Registry , most recently in November 2009 and a single entry in the EPC database dated February 2023.
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 31, 5, Sheppard Drive is in very good condition we estimate a sale value of £344,801 and a rental value of £2,067 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £305,395 and a rental value of £1,831 per month.
Over the last 12 months the sale value of Flat 31 5 Sheppard Drive has decreased by an estimated £12,449 (3.8%) and its rental value has increased by an estimated £107 per month (5.4%), giving an expected gross yield of 7.2%.
Flat 31, 5, Sheppard Drive has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Feb 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 31, 5, Sheppard Drive was last sold on 30th November 2009 for £193,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since November 2009, the market for similar properties has risen 83.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 31, 5, Sheppard Drive within a radius of 320 metres over the last 2 years.
The most recent example is Flat 96, 10, Rossetti Road, London, SE16 3EZ, a leasehold flat which sold for £325,000 on the 15th August 2024.
Read more about house prices in SE16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sheppard Drive, London, SE16 has a total of 86 addresses. According to our analysis of all the public data, Flat 31, 5, Sheppard Drive is the 21st largest and the 27th most expensive property on the street.
When compared to the postcode district it is £124k less expensive than the average property in SE16.
The nearest school is Galleywall Primary, City of London Academy which is 200 metres away. The nearest train station is South Bermondsey which is 500 metres away.
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