Flat 44, Simla House
Flat 44, Simla House
Description & Estimates
Public records show Flat 44, Simla House to be a mid-century leasehold apartment with 602 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 44, Simla House has an estimated sale value of £387,677 and an estimated rental value of £2,211 per month, assuming reasonable condition and based on the information available.
The apartment sits within Simla House, Kipling Estate, London, SE1.
Kipling Estate, London, SE1 lies in the borough of Southwark, within the SE1 postal district.
Our Data Sources
Flat 44, Simla House has 31 entries in the Land Registry , most recently in June 2024 and a single entry in the EPC database dated May 2015.
We combine this information with that 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
In very good condition, we estimate Flat 44, Simla House would be worth £407,061, with a potential rental value of £2,322 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £360,540, with a rental value of £2,057 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 44, Simla House has declined by £4,946 (1.3%) over the last year. During the same period, its estimated monthly rental value has climbed by £124 (5.6%). The property's estimated gross yield is currently 6.8%.
Energy Efficiency
Flat 44, Simla House has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 May 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 44, Simla House last changed hands on 24th June 2024, selling for £467,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 11.5% since June 2024.
- Sold Jun 2024£467,000
- Sold Jan 2016£395,000
- Sold Mar 2005£175,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 240 metres of Flat 44, Simla House across the last 2 years.
Most recently, Flat 14, Burwash House, Kipling Estate, London, SE1 3RW, a leasehold flat, sold at £395,000 on the 28th October 2024.
Read more about house prices in SE1.
- Sold Oct 2024£395,000 | 2 Bed FlatFlat 14, Burwash House, Kipling Estate, London, SE1 3RWFlat 14, Burwash House, Kipling Estate, London, SE1 3RW
- Sold Aug 2022£422,500 | 2 Bed FlatFlat 38, Simla House, Kipling Estate, London, SE1 3RLFlat 38, Simla House, Kipling Estate, London, SE1 3RL
- Sold Feb 2021£400,000 | 2 Bed FlatFlat 74, Burwash House, Kipling Estate, London, SE1 3RPFlat 74, Burwash House, Kipling Estate, London, SE1 3RP
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 44, Simla House as the 111th largest and the 60th most expensive of the 177 addresses on Kipling Estate, London, SE1.
Against the SE1 postcode district average, it is £241k less expensive than the typical property.
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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
More reading links
Public Transport Nearby
London Bridge station is the nearest stop to Flat 44, Simla House at 500 metres away.
- 500mLondon Bridge
- 600mBorough
- 1.1kmMonument
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.
