Flat 54, 197
Flat 54, 197
Description & Estimates
According to the public record, Flat 54, 197, Long Lane is a modern apartment with 430 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 54, 197, Long Lane is £380,004 and the estimated rental value is £2,021 per month.
The apartment is within 197, Long Lane, London, SE1.
Long Lane, London, SE1 is located in the borough of Southwark within the SE1 postal district.
Our Data Sources
Flat 54, 197, Long Lane has no recent1 records in the the Land Registry and a single entry in the EPC database dated October 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 54, 197, Long Lane is in very good condition we estimate a sale value of £399,004 and a rental value of £2,122 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £353,403 and a rental value of £1,879 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 54, 197, Long Lane has moved down by £4,439 (1.2%), while its estimated rental value has increased by £116 per month (5.7%). Based on current estimates, the property offers a gross rental yield of 6.4%.
Energy Efficiency
Flat 54, 197, Long Lane has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Oct 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, Flat 54, 197, Long Lane was last sold on 19th December 2006 for £265,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
- Sold Dec 2006£265,000
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 54, 197, Long Lane within a radius of 230 metres over the last 2 years.
The most recent example is Apartment 6, Calico House 199, Long Lane, London, SE1 4PN, a leasehold flat which sold for £460,000 on the 15th July 2024.
Read more about house prices in SE1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Long Lane, London, SE1 has a total of 675 addresses. According to our analysis of all the public data, Flat 54, 197, Long Lane is the 623rd largest and the 533rd most expensive property on the street.
When compared to the postcode district it is £248k less expensive than the average property in SE1.
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Schools Nearby
- 300mSnowsfields Primary School
- 400mGrange Primary School
- 600mTower Bridge Primary School
- 500mSt Saviour's and St Olave's Church of England School
- 1.0kmHaberdashers' Borough Academy
- 1.1kmHarris Academy Bermondsey
More reading links
Public Transport Nearby
The closest station to Flat 54, 197, Long Lane is Borough station, which is 700 metres away.
- 700mBorough
- 700mLondon Bridge
- 1.2kmElephant & Castle
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
