Flat 32, 237
Flat 32, 237
Description & Estimates
Flat 32, 237, Union Street is recorded publicly as a modern leasehold apartment across 807 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 32, 237, Union Street is £819,875 and its rental estimate is £3,107 per month, given the available information and assuming reasonable condition.
237, Union Street is a residential building on Union Street, London, SE1 and falls within the SE1 postal district and the London Borough of Southwark.
Our Data Sources
Flat 32, 237, Union Street has 2 entries in the Land Registry , most recently in July 2024 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
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 32, 237, Union Street, we estimate a market value of £860,869 and a rental value of £3,263 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £762,484 and £2,890 per month respectively.
Recent Market Change
Over the last year, Flat 32, 237, Union Street has seen its estimated sale value decrease by £6,615 (0.8%) and its estimated rental value grow by £183 per month (5.9%). This results in an estimated gross rental yield of 4.5%.
Energy Efficiency
Flat 32, 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
The most recent sale of Flat 32, 237, Union Street completed on 11th July 2024 at £850,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 48.6% over the period since July 2024.
- Sold Jul 2024£850,000
- Sold Jun 2017£1,003,200
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 32, 237, Union Street have sold within a radius of 270 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th January 2024, was Flat 25, 237, Union Street, London, SE1 0LR, a leasehold flat which sold for £780,000.
Read more about house prices in SE1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 282 addresses on Union Street, London, SE1, Flat 32, 237, Union Street comes out as the 57th largest and the 34th most expensive in our analysis of the public data.
It is also £192k more expensive than the average property across the SE1 district.
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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
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Public Transport Nearby
From Flat 32, 237, Union Street, the nearest station is Southwark, 200 metres away.
- 200mSouthwark
- 500mLondon Waterloo East
- 700mBorough
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.
