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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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According to the public record, Flat 41, Artesian House 98 is a modern leasehold apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 41, Artesian House 98 is £552,240 and the estimated rental value is £2,984 per month.
The apartment is within Artesian House, Alscot Road, London, SE1.
Alscot Road, London, SE1 is located in the borough of Southwark within the SE1 postal district.
Flat 41, Artesian House 98 has 2 entries in the Land Registry , most recently in June 2022 and a single entry in the EPC database dated March 2018.
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.
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 41, Artesian House 98 is in very good condition we estimate a sale value of £579,852 and a rental value of £3,133 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £513,584 and a rental value of £2,775 per month.
Over the last 12 months the sale value of Flat 41 Artesian House 98 has decreased by an estimated £7,045 (1.3%) and its rental value has increased by an estimated £167 per month (5.6%), giving an expected gross yield of 6.5%.
Flat 41, Artesian House 98 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Mar 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to HM Land Registry, Flat 41, Artesian House 98 was last sold on 10th June 2022 for £595,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since June 2022, the market for similar properties has dropped 3.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 41, Artesian House 98 within a radius of 260 metres over the last 2 years.
The most recent example is Flat 55, Artesian House 96, Alscot Road, London, SE1 3GG, a leasehold flat which sold for £590,000 on the 20th June 2024.
Read more about house prices in SE1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alscot Road, London, SE1 has a total of 189 addresses. According to our analysis of all the public data, Flat 41, Artesian House 98 is the 28th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £76k less expensive than the average property in SE1.
The closest station to Flat 41, Artesian House 98 is Bermondsey station which is 900 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 41, Artesian House 98, 36.6% of property is socially rented and 31.7% is privately rented.
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 41, Artesian House 98, 9.3% of residents are recorded as possessing school level qualifications and 69.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 41, Artesian House 98, the average age was 34.7 and the most common age was 32.
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 41, Artesian House 98, 0.3% 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 41, Artesian House 98, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
