Flat 7, 197
Flat 7, 197
Description & Estimates
According to the public record, Flat 7, 197, Long Lane is a modern apartment with 495 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 7, 197, Long Lane is £416,712 and the estimated rental value is £2,201 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 7, 197, Long Lane has no recent1 records in the the Land Registry and a single entry in the EPC database dated May 2024.
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 7, 197, Long Lane is in very good condition we estimate a sale value of £437,548 and a rental value of £2,311 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £387,542 and a rental value of £2,047 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 7, 197, Long Lane has dropped by £4,868 (1.2%), while its estimated rental value has risen by £126 per month (5.7%). Based on current estimates, the property offers a gross rental yield of 6.3%.
Energy Efficiency
Flat 7, 197, Long Lane has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 May 2024.
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 7, 197, Long Lane was last sold on 21st December 2006 for £235,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
- Sold Dec 2006£235,000
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 7, 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.
- Sold Jul 2024£460,000 | 1 Bed FlatCalico House 199, Long LaneApartment 6, Calico House 199, Long Lane, London, SE1 4PN
- Sold Jun 2024£418,000 | 2 Bed FlatCalico House 199, Long LaneApartment 9, Calico House 199, Long Lane, London, SE1 4PN
- Sold Dec 2018£141,000 | 1 Bed FlatCity Walk209 Hestia House, City Walk, London, SE1 3ES
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Long Lane, London, SE1 has a total of 675 addresses. According to our analysis of all the public data, Flat 7, 197, Long Lane is the 566th largest and the 466th most expensive property on the street.
When compared to the postcode district it is £212k less expensive than the average property in SE1.
More reading links
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 7, 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.
