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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
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Flat 40, 239, Long Lane is recorded publicly as a modern leasehold apartment across 981 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 40, 239, Long Lane is £790,298 and its rental estimate is £3,457 per month, given the available information and assuming reasonable condition.
239, Long Lane is a residential building on Long Lane, London, SE1 and falls within the SE1 postal district and the London Borough of Southwark.
Flat 40, 239, Long Lane has 41 entries in the Land Registry , most recently in September 2016 and a single entry in the EPC database dated April 2009.
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.
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 40, 239, Long Lane, we estimate a market value of £829,813 and a rental value of £3,630 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £734,977 and £3,215 per month respectively.
Over the last year, Flat 40, 239, Long Lane has seen its estimated sale value drop by £15,620 (2.0%) and its estimated rental value rise by £186 per month (5.4%). This results in an estimated gross rental yield of 5.2%.
Flat 40, 239, Long Lane has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 03 Apr 2009.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of Flat 40, 239, Long Lane completed on 23rd September 2016 at £950,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 31.6% over the period since September 2016.
Over the past 2 years 3 properties similar to Flat 40, 239, Long Lane have sold within a radius of 230 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th December 2024, was Flat 16, 3, Market Yard Mews, London, SE1 3TJ, a leasehold flat which sold for £840,000.
Read more about house prices in SE1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 675 addresses on Long Lane, London, SE1, Flat 40, 239, Long Lane comes out as the 77th largest and the 57th most expensive in our analysis of the public data.
It is also £162k more expensive than the average property across the SE1 district.
From Flat 40, 239, Long Lane, the nearest station is London Bridge, 800 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 40, 239, Long Lane, % of property is and % is .
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 40, 239, Long Lane, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 40, 239, Long Lane, 0.0% 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 40, 239, Long Lane, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
