Flat 34, 197
Flat 34, 197
Description & Estimates
Public records show Flat 34, 197, Long Lane to be a modern leasehold apartment with 430 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom with a balcony.
Flat 34, 197, Long Lane has an estimated sale value of £380,004 and an estimated rental value of £2,021 per month, assuming reasonable condition and based on the information available.
The apartment sits within 197, Long Lane, London, SE1.
Long Lane, London, SE1 lies in the borough of Southwark, within the SE1 postal district.
Our Data Sources
Flat 34, 197, Long Lane has a single entry in the Land Registry from January 2007 and a single entry in the EPC database dated May 2022.
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.
Price Range & Condition
In very good condition, we estimate Flat 34, 197, Long Lane would be worth £399,004, with a potential rental value of £2,122 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £353,403, with a rental value of £1,879 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 34, 197, Long Lane has dropped by £4,439 (1.2%) over the last year. During the same period, its estimated monthly rental value has risen by £116 (5.7%). The property's estimated gross yield is currently 6.4%.
Energy Efficiency
Flat 34, 197, Long Lane has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 May 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
Flat 34, 197, Long Lane last changed hands on 8th January 2007, selling for £240,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 37.0% since January 2007.
- Sold Jan 2007£240,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 230 metres of Flat 34, 197, Long Lane across the last 2 years.
Most recently, Apartment 6, Calico House 199, Long Lane, London, SE1 4PN, a leasehold flat, sold at £460,000 on the 15th 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
Our analysis of the public data ranks Flat 34, 197, Long Lane as the 624th largest and the 534th most expensive of the 675 addresses on Long Lane, London, SE1.
Against the SE1 postcode district average, it is £248k less expensive than the typical property.
More reading links
Schools Nearby
- 300mSnowsfields Primary School
- 400mGrange Primary School
- 600mTower Bridge Primary School
- 500mSt Saviour's and St Olave's Church of England School
- 1.0kmHaberdashers' Borough Academy
- 1.1kmHarris Academy Bermondsey
More reading links
Public Transport Nearby
Borough station is the nearest stop to Flat 34, 197, Long Lane at 700 metres away.
- 700mBorough
- 700mLondon Bridge
- 1.2kmElephant & Castle
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
