Flat 35, Simla House
Flat 35, Simla House
Description & Estimates
Flat 35, Simla House is described in the public record as a mid-century apartment with 645 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 35, Simla House is £403,027 and its rental estimate is £2,274 per month, given the available information and assuming reasonable condition.
Simla House, Kipling Estate is a residential building on Kipling Estate, London, SE1 and falls within the SE1 postal district and the London Borough of Southwark.
Our Data Sources
Flat 35, Simla House has no records in the the Land Registry and a single entry in the EPC database dated March 2014.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 35, Simla House, we estimate a market value of £423,178 and a rental value of £2,388 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £374,815 and £2,115 per month respectively.
Recent Market Change
Over the last year, Flat 35, Simla House has seen its estimated sale value drop by £5,141 (1.3%) and its estimated rental value rise by £127 per month (5.6%). This results in an estimated gross rental yield of 6.8%.
Energy Efficiency
Flat 35, Simla House has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Mar 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 35, Simla House have sold within a radius of 240 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th October 2024, was Flat 14, Burwash House, Kipling Estate, London, SE1 3RW, a leasehold flat which sold for £395,000.
Read more about house prices in SE1.
- Sold Oct 2024£395,000 | 2 Bed FlatBurwash House, Kipling EstateFlat 14, Burwash House, Kipling Estate, London, SE1 3RW
- Sold Jun 2024£467,000 | 2 Bed FlatSimla House, Kipling EstateFlat 44, Simla House, Kipling Estate, London, SE1 3RN
- Sold Aug 2022£422,500 | 2 Bed FlatSimla House, Kipling EstateFlat 38, Simla House, Kipling Estate, London, SE1 3RL
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 177 addresses on Kipling Estate, London, SE1, Flat 35, Simla House comes out as the 90th largest and the 49th most expensive in our analysis of the public data.
It is also £225k less expensive than the average property across the SE1 district.
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Schools Nearby
- 200mSnowsfields Primary School
- 500mGrange Primary School
- 500mSaint Joseph's Catholic Primary School, the Borough
- 700mSt Saviour's and St Olave's Church of England School
- 900mHaberdashers' Borough Academy
- 1.3kmSt Michael's Catholic College
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Public Transport Nearby
From Flat 35, Simla House, the nearest station is London Bridge, 500 metres away.
- 500mLondon Bridge
- 600mBorough
- 1.1kmMonument
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
