Flat 58, 197
Flat 58, 197
Description & Estimates
Flat 58, 197, Long Lane is recorded publicly as a modern leasehold apartment across 710 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 58, 197, Long Lane is £538,540 and its rental estimate is £2,775 per month, given the available information and assuming reasonable condition.
197, Long Lane is a residential building on Long Lane, London, SE1 and falls within the SE1 postal district and the London Borough of Southwark.
Our Data Sources
Flat 58, 197, Long Lane has a single entry in the Land Registry from January 2007 and a single entry in the EPC database dated February 2021.
We combine this information with that 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
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 58, 197, Long Lane, we estimate a market value of £565,467 and a rental value of £2,913 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £500,842 and £2,580 per month respectively.
Recent Market Change
Over the last year, Flat 58, 197, Long Lane has seen its estimated sale value decrease by £6,870 (1.3%) and its estimated rental value grow by £155 per month (5.6%). This results in an estimated gross rental yield of 6.2%.
Energy Efficiency
Flat 58, 197, Long Lane has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Feb 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Flat 58, 197, Long Lane completed on 26th January 2007 at £380,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 34.8% over the period since January 2007.
- Sold Jan 2007£380,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 58, 197, Long Lane have sold within a radius of 230 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th February 2025, was Flat 7, Printworks Apartments 230, Long Lane, London, SE1 4QA, a leasehold flat which sold for £560,000.
Read more about house prices in SE1.
- Sold Feb 2025£560,000 | 2 Bed FlatPrintworks Apartments 230, Long LaneFlat 7, Printworks Apartments 230, Long Lane, London, SE1 4QA
- Sold Aug 2024£620,000 | 2 Bed FlatLeathermarket Court59, Leathermarket Court, London, SE1 3HS
- Sold Apr 2024£697,100 | 2 Bed FlatLeathermarket Court33, Leathermarket Court, London, SE1 3HS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 675 addresses on Long Lane, London, SE1, Flat 58, 197, Long Lane comes out as the 275th largest and the 261st most expensive in our analysis of the public data.
It is also £90k less expensive than the average property across the SE1 district.
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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
From Flat 58, 197, Long Lane, the nearest station is Borough, 700 metres away.
- 700mBorough
- 700mLondon Bridge
- 1.2kmElephant & Castle
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
