Flat 50, Elder House 16
Flat 50, Elder House 16
Description & Estimates
According to the public record, Flat 50, Elder House 16 is a modern leasehold apartment with 850 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 50, Elder House 16 is £603,871 and the estimated rental value is £2,790 per month.
The apartment is within Elder House, Quebec Way, London, SE16.
Quebec Way, London, SE16 is located in the borough of Southwark within the SE16 postal district.
Our Data Sources
Flat 50, Elder House 16 has a single entry in the Land Registry from June 2018 and a single entry in the EPC database dated April 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.
Price Range & Condition
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 50, Elder House 16 is in very good condition we estimate a sale value of £634,064 and a rental value of £2,930 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £561,600 and a rental value of £2,595 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 50, Elder House 16 has moved down by £20,877 (3.5%), while its estimated rental value has increased by £153 per month (5.5%). Based on current estimates, the property offers a gross rental yield of 5.5%.
Energy Efficiency
Flat 50, Elder House 16 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Apr 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
According to HM Land Registry, Flat 50, Elder House 16 was last sold on 8th June 2018 for £610,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2018, the market for similar properties has dropped by 16.7%.
- Sold Jun 2018£610,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 50, Elder House 16 within a radius of 410 metres over the last 2 years.
The most recent example is Flat 56, Hornbeam House 22, Quebec Way, London, SE16 7EW, a leasehold flat which sold for £725,000 on the 3rd October 2024.
Read more about house prices in SE16.
- Sold Oct 2024£725,000 | 3 Bed FlatHornbeam House 22, Quebec WayFlat 56, Hornbeam House 22, Quebec Way, London, SE16 7EW
- Sold Oct 2023£700,000 | 3 Bed FlatElder House 16, Quebec WayFlat 42, Elder House 16, Quebec Way, London, SE16 7ES
- Sold Sep 2023£700,000 | 3 Bed FlatElder House 16, Quebec WayFlat 63, Elder House 16, Quebec Way, London, SE16 7ES
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Quebec Way, London, SE16 has a total of 442 addresses. According to our analysis of all the public data, Flat 50, Elder House 16 is the 220th largest and the 127th most expensive property on the street.
When compared to the postcode district it is £151k more expensive than the average property in SE16.
More reading links
Schools Nearby
- 300mAlfred Salter Primary School
- 300mSt John's Roman Catholic Primary School
- 600mRedriff Primary, City of London Academy
- 500mBacon's College
- 1.5kmThe Charter School Bermondsey
- 1.8kmCanary Wharf College Crossharbour
More reading links
Public Transport Nearby
The closest station to Flat 50, Elder House 16 is Surrey Quays station, which is 600 metres away.
- 600mCanada Water
- 700mSurrey Quays
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
