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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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According to the public record, Flat 51, Witcombe Point is a mid-century leasehold apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 51, Witcombe Point is £228,784 and the estimated rental value is £1,314 per month.
The apartment is within Witcombe Point, Yarnfield Square, London, SE15.
Yarnfield Square, London, SE15 is located in the borough of Southwark within the SE15 postal district.
Flat 51, Witcombe Point has a single entry in the Land Registry from August 2009 and a single entry in the EPC database dated November 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 51, Witcombe Point is in very good condition we estimate a sale value of £240,224 and a rental value of £1,380 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £212,769 and a rental value of £1,222 per month.
Over the last 12 months the sale value of Flat 51 Witcombe Point has decreased by an estimated £4,152 (1.8%) and its rental value has increased by an estimated £69 per month (5.3%), giving an expected gross yield of 6.9%.
Flat 51, Witcombe Point has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Nov 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 51, Witcombe Point was last sold on 21st August 2009 for £110,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2009, the market for similar properties has risen 107.3%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 51, Witcombe Point within a radius of 290 metres over the last 2 years.
The most recent example is Flat 6, Hardcastle House, Marmont Road, London, SE15 5TA, a leasehold flat which sold for £220,000 on the 21st November 2022.
Read more about house prices in SE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Yarnfield Square, London, SE15 has a total of 122 addresses. According to our analysis of all the public data, Flat 51, Witcombe Point is the 107th largest and the 107th most expensive property on the street.
When compared to the postcode district it is £288k less expensive than the average property in SE15.
The nearest school is John Donne Primary School which is 300 metres away. The nearest train station is Peckham Rye which is 500 metres away.
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