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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 62, Witcombe Point is £246,667 and the estimated rental value is £1,396 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 62, Witcombe Point has a single entry in the Land Registry from May 2017 and a single entry in the EPC database dated June 2023.
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 62, Witcombe Point is in very good condition we estimate a sale value of £259,000 and a rental value of £1,466 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £229,400 and a rental value of £1,299 per month.
Over the last 12 months the sale value of Flat 62 Witcombe Point has decreased by an estimated £4,476 (1.8%) and its rental value has increased by an estimated £73 per month (5.3%), giving an expected gross yield of 6.8%.
Flat 62, Witcombe Point has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Jun 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 62, Witcombe Point was last sold on 8th May 2017 for £240,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2017, the market for similar properties has dropped 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 62, Witcombe Point within a radius of 290 metres over the last 2 years.
The most recent example is Flat 17, Hardcastle House, Marmont Road, London, SE15 5TA, a leasehold flat which sold for £315,000 on the 29th November 2024.
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 62, Witcombe Point is the 93rd largest and the 95th most expensive property on the street.
When compared to the postcode district it is £270k 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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