Flat 45, Devon Mansions
Flat 45, Devon Mansions
Description & Estimates
Flat 45, Devon Mansions is recorded publicly as a period leasehold apartment across 775 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 45, Devon Mansions is £494,052 and its rental estimate is £2,697 per month, given the available information and assuming reasonable condition.
Devon Mansions, Tooley Street is a residential building on Tooley Street, London, SE1 and falls within the SE1 postal district and the London Borough of Southwark.
Our Data Sources
Flat 45, Devon Mansions has 21 entries in the Land Registry , most recently in July 2022 and a single entry in the EPC database dated January 2022.
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
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 45, Devon Mansions, we estimate a market value of £518,755 and a rental value of £2,832 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £459,469 and £2,508 per month respectively.
Recent Market Change
Over the last year, Flat 45, Devon Mansions has seen its estimated sale value move down by £3,986 (0.8%) and its estimated rental value increase by £159 per month (5.9%). This results in an estimated gross rental yield of 6.6%.
Energy Efficiency
Flat 45, Devon Mansions has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Jan 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 45, Devon Mansions completed on 22nd July 2022 at £570,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 11.9% over the period since July 2022.
- Sold Jul 2022£570,000
- Sold May 2004£240,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 45, Devon Mansions have sold within a radius of 230 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th October 2024, was Flat 431, Devon Mansions, Tooley Street, London, SE1 2XS, a leasehold flat which sold for £550,000.
Read more about house prices in SE1.
- Sold Oct 2024£550,000 | 2 Bed FlatDevon Mansions, Tooley StreetFlat 431, Devon Mansions, Tooley Street, London, SE1 2XS
- Sold Nov 2023£520,000 | 2 Bed FlatDevon Mansions, Tooley StreetFlat 166, Devon Mansions, Tooley Street, London, SE1 2XH
- Sold Oct 2023£495,000 | 2 Bed FlatDevon Mansions, Tooley StreetFlat 98, Devon Mansions, Tooley Street, London, SE1 2NX
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 421 addresses on Tooley Street, London, SE1, Flat 45, Devon Mansions comes out as the 76th largest and the 115th most expensive in our analysis of the public data.
It is also £134k less expensive than the average property across the SE1 district.
More reading links
Schools Nearby
- 300mTower Bridge Primary School
- 300mSnowsfields Primary School
- 800mGrange Primary School
- 900mSt Michael's Catholic College
- 1.1kmSt Saviour's and St Olave's Church of England School
- 1.1kmMulberry Academy London Dock
More reading links
Public Transport Nearby
From Flat 45, Devon Mansions, the nearest station is London Bridge, 400 metres away.
- 400mLondon Bridge
- 800mTower Hill
- 900mTower Gateway
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.
